COVID advanced the world into the future

[macson]

The pandemic has changed the living and working habits of most people around the world. Both businesses and people will have to actively apply information technology to survive. Businesses will have to do digital transformation. I see countries in Asia doing this well.

This pandemic is strongly pushing us to consciously use technology as a lifeline....companies that do not maximize the potential of technology will only be left behind and lose customers.  workers who do not try to use technology will simply lose out on jobs and can't find jobs.  not only Asia, I think the whole world has turned digital slowly.

[paxmao]

The pandemic has changed the living and working habits of most people around the world. Both businesses and people will have to actively apply information technology to survive. Businesses will have to do digital transformation. I see countries in Asia doing this well.

This pandemic is strongly pushing us to consciously use technology as a lifeline....companies that do not maximize the potential of technology will only be left behind and lose customers.  workers who do not try to use technology will simply lose out on jobs and can't find jobs.  not only Asia, I think the whole world has turned digital slowly.

The thing is that it was going to happen, but there is a strong push comming from COVID. See companies like Zoom and Microsfot that are strongly involved in the means for remote working happening... they have gone through the roof in benefits and they do not seem to be stopping. This was supposed to happen in an span of a decade. In fact some investors need to swap positions due to this, as their objectives have been reached earlier than expected.

[Kong Hey Pakboy]

This pandemic is strongly pushing us to consciously use technology as a lifeline....companies that do not maximize the potential of technology will only be left behind and lose customers.  workers who do not try to use technology will simply lose out on jobs and can't find jobs.  not only Asia, I think the whole world has turned digital slowly.

Businesses have to adapt if they want to stay on top and technology offers something good that you would be considered stupid if you don't grab the opportunity. I think that we turned digital a long time ago, it's just more clear at this situation since people are in their homes.

[Ultegra134]

The existence of the covid-19 pandemic have brought us humans to think of the alternatives since we cannot do the usual things that we do on a normal day when the pandemic is still not existing. We have adapted into the situation forcing us to work remotely and make use the advent of the modern technology to still continue our lives even we are keeping it from a distant since close contact from one another can make the distribution of the virus to get worst. Maybe we can conclude that we are being pushed through the modern future because of this happening but still a lot have been sacrificed and still many cannot adapt into the fast phase of changes now that we are mostly relying into modern technology.

I wouldn't say that we are pushed through and I like the word alternative much more since the technology already exist, I believe that our technology is already pretty advanced pre-pandemic, the only reason that it didn't appear like that is because people love to ignore things and our emotions are pretty primitive so we can't advance that fast because we always care about the little things.

All these alternatives are needed while there is a pandemic, but it is not a fact that they will be so much needed to such an extent later, so we need to talk with great caution about changes in the way of life of human civilization after the pandemic. Yes, of course, all these remote and digital information technologies will play an even greater role in our lives, but still let's not forget that a person is a social being and nothing can replace direct physical contact between people. I am also afraid that some areas of the economy and technology, on the contrary, will be thrown back due to the COVID 19 pandemic, so everything is not so clear.

The Covid-19 pandemic showed us that there are plenty of alternatives when it comes to working, schooling, having conferences and so on. It's, of course, not an ideal situation, but some of these alternatives will stay even after Covid-19. It actually proved to us that working from home, depending on the occupation, possible and may actually be ideal for both employees and employers in some cases.

[AicecreaME]

I agree but I think it's so inhumane to say that.

My only point here is that I can't see people died as a benefit to what we have now because of COVID-19, I don't care how much it takes to develop the economy or the community as long as we are not worrying to die every single day because of the virus. But I guess mother earth is making it's move to wipe up human beings after we take too much from earth instead of cultivating it to remain healthy, in short, we are the virus of our own ecosystem.

We all care about money, on how much properties we have, how many cars we have, we crave for so much wealth and success but we don't even care if we destroy nature just to build tall buildings, it's just cruel. What's the sense of keeping ourselves rich and surviving if the place we're living at is already dying.

[Silberman]

It's true that, although there are so many bad impacts from Covid, and how it made the economy worsen and even collapsed, i can still see so many good aspects that resulted from it. Not all industry are losing from this pandemic, many are winning as well, especially those related to digital or technology. Covid surely made and force people to adapt more to technology, forcing many innovation in technology or digital to adapt in this new situation, and will surely advance the country slowly but surely. We can finally step forward although it's forced by the pandemic, but still, recovering from the economic loss will still be hard to do, and might take long time.

While it is true that many industries and businesses did great during the pandemic at the same time this is not as great news as it may seem, most of the businesses that are facing bankruptcy are businesses owned by hardworking people that wanted to advance in life and they cannot endure the difficult conditions anymore, while the businesses that thrived under the pandemic were under control of those that were already incredibly rich and it gave them an even bigger advantage over their competitors concentrating all that wealth on even fewer hands.

[Cling18]

The only benefit I see from covid is that if forced world economy to restart. Weak, useless, ineffective business and services has died, while those who wanted, evolved and survived. Those who wanted, managed to adapt their work to current realities. The bad thing about all this - humankind paid a really high price for all that.

The economy got no choice but to adopt the changes just for people to survive this pandemic. It isn't easy since we all have to sacrifice and experience this chaos but it made the economy stronger. This pandemic proved that no matter how hard the situation is, the latest technology adoption could help the economic situation better. We're all required to adopt and face the changes for us to surpass this pandemic situation.

[Ultegra134]

It's true that, although there are so many bad impacts from Covid, and how it made the economy worsen and even collapsed, i can still see so many good aspects that resulted from it. Not all industry are losing from this pandemic, many are winning as well, especially those related to digital or technology. Covid surely made and force people to adapt more to technology, forcing many innovation in technology or digital to adapt in this new situation, and will surely advance the country slowly but surely. We can finally step forward although it's forced by the pandemic, but still, recovering from the economic loss will still be hard to do, and might take long time.

While it is true that many industries and businesses did great during the pandemic at the same time this is not as great news as it may seem, most of the businesses that are facing bankruptcy are businesses owned by hardworking people that wanted to advance in life and they cannot endure the difficult conditions anymore, while the businesses that thrived under the pandemic were under control of those that were already incredibly rich and it gave them an even bigger advantage over their competitors concentrating all that wealth on even fewer hands.

Many corporations benefited from the Pandemic, especially the pharmaceutical industry (and as simple as local pharmacies), by selling masks, hand sanitizers, self tests and many more. On top of that, chain stores such as supermarkets are noticing the largest revenues they have ever seen, in the past few years.

It's the middle class which is decimated, local retail shops, restaurants and so on have faced the financial consequences of the pandemic.

[mojun7982]

The pandemic has changed the living and working habits of most people around the world. Both businesses and people will have to actively apply information technology to survive. Businesses will have to do digital transformation. I see countries in Asia doing this well.

This pandemic is strongly pushing us to consciously use technology as a lifeline....companies that do not maximize the potential of technology will only be left behind and lose customers.  workers who do not try to use technology will simply lose out on jobs and can't find jobs.  not only Asia, I think the whole world has turned digital slowly.

The thing is that it was going to happen, but there is a strong push comming from COVID. See companies like Zoom and Microsfot that are strongly involved in the means for remote working happening... they have gone through the roof in benefits and they do not seem to be stopping. This was supposed to happen in an span of a decade. In fact some investors need to swap positions due to this, as their objectives have been reached earlier than expected.

The pandemic definitely showed where we are still to weak regarding digitization and what needs to be done. Stable and global free internet (or almost free) is one important item on the bucket list and guess who is already on it building a global internet with satellites: the one and only Elon Musk!

[jaysabi]

I think most of us would rather not have had COVID. It has been devastating for many economies and it took a bad toll on people. However it has had some side benefits (some may argue that having Trump removed for now may be one of them, LOL).

I am talking about the digital revolution that was already taking place, yet still had some bumps along the road to occur, and has been forcefully implemented by many companies that required their people to keep on working. I am also talking about the immense number of new influencers and subscription services that had increased their adept several times-fold. All this would have taken ages otherwise.

demand for services that can be performed remotely or provide solutions to the challenges of reduced personal interactions, such as information and communications technology (ICT), and deliveries, has increased significantly. In a span of three months, the pandemic has resulted in a 63 percent reduction in demand for hotels, while increasing demand for ICT by a comparable rate

A source on the matter.

Agree that the pandemic has moved the global economy forward by many years in terms of adoption of mobile technologies and especially payment systems. Electronic payments have exploded over the past year, far surpassing an already fast growth rate.

[dongyi17]

I think covid19 cases and pandemic also pushes bitcoin to make it accepted into all the world, to avoid spread of virus through money, they would rather choose it as a means of transferring and transaction and everything, now a days electronic use of money is more convenient rather than carrying int all in your bags or wallet. Yes covid somehow help advamce the world into whatever would take place into the future.

[Xinarae*]

COVID has improved the world in the future because people have been able to overcome the crisis caused by the virus. From coronary experience, countries can go back to the old notion of becoming self-sufficient in important goods and services ensuring equitable access of fragile developing countries to global financing processes could be an important step in achieving a sustainable recovery from the country's economy and epidemics such as Covid 19 private lenders as well as private lazy capital can play an effective role in giving a new impetus to investment in these countries. Efforts will help make fragile countries more resilient to future disasters.

[Chato1977]

The only benefit I see from covid is that if forced world economy to restart. Weak, useless, ineffective business and services has died, while those who wanted, evolved and survived. Those who wanted, managed to adapt their work to current realities. The bad thing about all this - humankind paid a really high price for all that.

The economy got no choice but to adopt the changes just for people to survive this pandemic. It isn't easy since we all have to sacrifice and experience this chaos but it made the economy stronger. This pandemic proved that no matter how hard the situation is, the latest technology adoption could help the economic situation better. We're all required to adopt and face the changes for us to surpass this pandemic situation.

Indeed , if we will Only look in the brighter side? we can see how helpful this in some point.

We Did learn how to value our small funds.

We learn how to Keep spending small amount as the budget is tight.

Many things to mention but i will stick in those 2.

[iv4n]

...I am talking about the digital revolution that was already taking place...

At what cost???

I agree with all of you, I think the same... pandemic speeded up the digital revolution! It's visible, and the numbers are telling the same story! You can see in my comments that I say pretty much the same thing!

With my question "At what cost?" I want to remind all of us that every coin has two sides... while online everything is good and making progress, offline (reality) is messing with our brains (at least with mine)! New rules and regulations, and somehow I feel all that is going against common sense... and if you want to show and say what is "normal behavior" you can easily be prosecuted for that!

I think that the digital revolution would happen anyway! And progress would be made without this stupid pandemic!

[ropyu1978]

Covid19 translation has resumed. Everyone is very confused and worried. The speed of spread is too fast for everyone to turn their hands on. In India, the number of people dying is too much, they have to cremate their bodies. In Vietnam, the number of people infected is 500. Let's strictly follow the government's direction in epidemic prevention. Keep a safe distance, disinfect and wear a medical mask.

I agree with your opinion bro, we have to prevent the virus from us, we have to keep our distance, we have to wash our hands, and we wear masks, to guard against viruses, we have to protect from now, so that the incident in India does not happen our country ,, during a pandemic we have to look for income for our finances ,, the world in digital might be able to make our finances good ,, by buying and selling bitcoin, we can increase our income ...

[Kong Hey Pakboy]

I think covid19 cases and pandemic also pushes bitcoin to make it accepted into all the world, to avoid spread of virus through money, they would rather choose it as a means of transferring and transaction and everything, now a days electronic use of money is more convenient rather than carrying int all in your bags or wallet. Yes covid somehow help advamce the world into whatever would take place into the future.

That's the more appropriate word in my opinion which is pushed brcause most of the technology already existed, we just don't bat an eye about it and we didn't need it pre-pandemic. There are merits to both regarding electronic money and physical money, you aren't going to worry about getting phished in physical money and your purchases aren't tracked in physical money.

[paxmao]

I agree but I think it's so inhumane to say that.

My only point here is that I can't see people died as a benefit to what we have now because of COVID-19, I don't care how much it takes to develop the economy or the community as long as we are not worrying to die every single day because of the virus. But I guess mother earth is making it's move to wipe up human beings after we take too much from earth instead of cultivating it to remain healthy, in short, we are the virus of our own ecosystem.

We all care about money, on how much properties we have, how many cars we have, we crave for so much wealth and success but we don't even care if we destroy nature just to build tall buildings, it's just cruel. What's the sense of keeping ourselves rich and surviving if the place we're living at is already dying.

You cannot have a vision of reality that is hindered by what you think is fair, right or humane or you will not be able to understand the world - which is not fair, right or humane.

Attributing  greed or materialistic values to this post does not make you more humane but rather a person that cannot dealt with emotions adequately and is very confused about life in general. This is confirmed by you mixing the human side of a tragedy with the economy and adding some karma and pseudo philosophy into the cocktail.

As most times in life, there are endless perspectives to complex issues.

[wahyu wida]

I think covid19 cases and pandemic also pushes bitcoin to make it accepted into all the world, to avoid spread of virus through money, they would rather choose it as a means of transferring and transaction and everything, now a days electronic use of money is more convenient rather than carrying int all in your bags or wallet. Yes covid somehow help advamce the world into whatever would take place into the future.

That's the more appropriate word in my opinion which is pushed brcause most of the technology already existed, we just don't bat an eye about it and we didn't need it pre-pandemic. There are merits to both regarding electronic money and physical money, you aren't going to worry about getting phished in physical money and your purchases aren't tracked in physical money.

the big effect of a pandemic is to change a person's activity habits. who used to use more cash, although the use of electronic transfers has also occurred a lot. but with this pandemic bitcoin is increasingly popular, and many people are using it to invest, so cryptocurrency can be used like fiat money today

[Silberman]

It's true that, although there are so many bad impacts from Covid, and how it made the economy worsen and even collapsed, i can still see so many good aspects that resulted from it. Not all industry are losing from this pandemic, many are winning as well, especially those related to digital or technology. Covid surely made and force people to adapt more to technology, forcing many innovation in technology or digital to adapt in this new situation, and will surely advance the country slowly but surely. We can finally step forward although it's forced by the pandemic, but still, recovering from the economic loss will still be hard to do, and might take long time.

While it is true that many industries and businesses did great during the pandemic at the same time this is not as great news as it may seem, most of the businesses that are facing bankruptcy are businesses owned by hardworking people that wanted to advance in life and they cannot endure the difficult conditions anymore, while the businesses that thrived under the pandemic were under control of those that were already incredibly rich and it gave them an even bigger advantage over their competitors concentrating all that wealth on even fewer hands.

Many corporations benefited from the Pandemic, especially the pharmaceutical industry (and as simple as local pharmacies), by selling masks, hand sanitizers, self tests and many more. On top of that, chain stores such as supermarkets are noticing the largest revenues they have ever seen, in the past few years.

It's the middle class which is decimated, local retail shops, restaurants and so on have faced the financial consequences of the pandemic.

Which is why printing more money as governments are trying to do in order to stimulate the economy is not going to work, as you say it is the middle class that is heavily affected and the jobs that their small businesses generated are not going to comeback especially since people are not spending their money as they used to, we must recognize that things changed and the way people spend money has changed as well, which is going to make the economic recovery incredibly hard if not impossible.

[SquallLeonhart]

I think most of us would rather not have had COVID. It has been devastating for many economies and it took a bad toll on people. However it has had some side benefits (some may argue that having Trump removed for now may be one of them, LOL).

I am talking about the digital revolution that was already taking place, yet still had some bumps along the road to occur, and has been forcefully implemented by many companies that required their people to keep on working. I am also talking about the immense number of new influencers and subscription services that had increased their adept several times-fold. All this would have taken ages otherwise.

I do see these kinds of news and I do not really think that it would matter all that much. I mean sure there are small things, politically all the dictators lost a bit of power, trump is gone and all the other right wing people who want to take power and not leave lost a lot of power as well, why? Because leftist stuff did help people during this period, giving people money for free, giving people free healthcare, giving people federal aids, all these are usually very left in all around the world and even right wings had to accept it.

But the biggest help was the climate, even though it is still doing very bad, it could have gone even more bad if we didn't had covid, the world direly needs our help or if we do not do something about it, the world will and it will destroy all of us to keep turning without us in it. No matter how much "good" we can find, it still killed millions of people, and that is just can't be compared to any side-good that may have happened.