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Author Topic: COVID advanced the world into the future  (Read 3178 times)
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July 25, 2021, 05:39:57 PM
 #221

~

Many businessmen take advantage of the suffering of others into profit, especially companies that are in the health sector, during this pandemic
the profits are increasing. Therefore, there are always irresponsible people who take advantage of the pandemic momentum to seek personal gain.
In my country there are many rogue businessmen who hoard various kinds of medical equipment and drugs, then it becomes difficult to obtain,
and if there is the price soars. I hope the government will solve this, otherwise many people were harmed. I agree on the positive side of
the pandemic, making changes regarding payments. Now that everything is done online to prevent the spread of the corona virus, almost all
financial transactions are done digitally. This finally made crypto start to rise in popularity during the pandemic, no wonder more and more people
are deciding to invest in crypto.

Few months ago people are unwilling to vaccinate, but new Delta and other variants spreads more easily. More cases of COVID-19 found, so get vaccinated become necessary. Due to alarming mortality rate COVID-19 vaccine business unquestioningly boost up. Nice thing is people respond nicley to mask and vaccine recommendations but some responsible authorities take advantages during this pandemic. Such ill-business model complicated to distribute medical equipment the worldwide, especially poor countries. The virus have never left just focusing on your nation, but every parts of the world needs the same treatment as like developed countries.

The other thing that we should face that Covid-19 is a business for some people. They use every policy to make their own profit. Such as in develop country which has mix system and the government has some private company to earn profit but in the fact they are the mafia in this pandemic, from screening test until medicine they create some policy to give much profit for them. How this will end.
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July 25, 2021, 06:26:54 PM
 #222

there is always wisdom in every incident maybe that's a pretty fitting word to say now.
it's true that covid is a pandemic that harms everyone and even the whole world feels the same way but of course behind it all there are positive things that are stored during this pandemic, one of which is that now there are many jobs based on online and not just work starting from learning systems, ordering food and any payments are now starting to be based on online and maybe this is very common in countries where the majority of the economy is already developed but for those who are still below average this is a new thing and even though this is actually a coercion from conditions but in an increasingly sophisticated era they must be able to adjust the situation so that they are not too left behind by developed countries.

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July 25, 2021, 06:43:18 PM
 #223

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.
Weak, useless and ineffective businesses always die and Covid has nothing to do with it, this process happens simply because of demand and supply correlation. The problem here is that Covid caused to shut down businesses because people weren't able to use their service.
Let's take GYMs for example, a lot of GYMs were closed because of the Covid pandemic and that happened because the government forced them to stop work for six months and then secondly for three months pretty quickly.

When the government forces you to stop your business activity for a long time and doesn't subsidise anything, then it's not really your fault or weakness to finally close.

What covid did is that it pushed the world to become more digital and personally I think it's not good. Everyday zoom calls, less social activities, staying at home all day, this is very boring and unhealthy, nothing to talk about the other side effects.

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July 25, 2021, 11:09:43 PM
 #224

Everything in this pandemic is for business, the elite grab opportunity to collect more and more money. The big pharma network benefited the sweetness of profits for vaccine, and the daily  mask and faceshield will give profitability of chinese businessman. If there is no pandemic the world can easily advance into the future unlike today the world is like getting pause and controlled
And they're earning billions every week despite the covid pandemic has come. Although it's no longer surprising to see that the rich are getting richer and the poor get poorer but considering that it's happening during these times of pandemic.
There must be something into it and their wealth keeps on increasing because of their businesses that are along side with the situation of the world right now.

Maybe if we look at that aspect, it is quite disappointing as these businesses are proliferating whereas, a lot are suffering. However, looking at the other side of things, pandemic advanced us in terms of digital payments. That's why crypto market boomed during this pandemic. As merchants are trying to look for alternatives of cash payment, they've seen that crypto payments is a very good alternative. I think, that's one positive outcome in crypto during this crisis.
Yes, the crypto market didn't looked affected on this pandemic since it's not the same as the others that are tangible. Well, if we're only going to look at that perspective.
We're enjoying the run but that's the fact that these big corporations are the ones that have been booming and making billions after billions within a short period of time.

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July 26, 2021, 03:10:08 AM
 #225

Yes, the crypto market didn't looked affected on this pandemic since it's not the same as the others that are tangible. Well, if we're only going to look at that perspective.
We're enjoying the run but that's the fact that these big corporations are the ones that have been booming and making billions after billions within a short period of time.

It will be too early to say that the market wasn't affected as a result of the pandemic. Multiple incidents related to the pandemic had its impact on the cryptocurrency prices, over the past 1.5 years. First it was the stimulus cheques. A lot of people received the additional cash at a time when they didn't needed them. They used the stimulus money to purchase assets including Bitcoin, and it resulted a jump in the Bitcoin prices. And the latest crash (when BTC went down from $35,000 to $28,000) was attributed to the fears associated with the spread of the delta variant (the stock market also went down at the same time).

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July 26, 2021, 03:44:35 AM
 #226

~
Many businessmen take advantage of the suffering of others into profit, especially companies that are in the health sector, during this pandemic
the profits are increasing. Therefore, there are always irresponsible people who take advantage of the pandemic momentum to seek personal gain.
In my country there are many rogue businessmen who hoard various kinds of medical equipment and drugs, then it becomes difficult to obtain,
and if there is the price soars. I hope the government will solve this, otherwise many people were harmed. I agree on the positive side of
the pandemic, making changes regarding payments. Now that everything is done online to prevent the spread of the corona virus, almost all
financial transactions are done digitally. This finally made crypto start to rise in popularity during the pandemic, no wonder more and more people
are deciding to invest in crypto.
Few months ago people are unwilling to vaccinate, but new Delta and other variants spreads more easily. More cases of COVID-19 found, so get vaccinated become necessary. Due to alarming mortality rate COVID-19 vaccine business unquestioningly boost up. Nice thing is people respond nicley to mask and vaccine recommendations but some responsible authorities take advantages during this pandemic. Such ill-business model complicated to distribute medical equipment the worldwide, especially poor countries. The virus have never left just focusing on your nation, but every parts of the world needs the same treatment as like developed countries.
The other thing that we should face that Covid-19 is a business for some people. They use every policy to make their own profit. Such as in develop country which has mix system and the government has some private company to earn profit but in the fact they are the mafia in this pandemic, from screening test until medicine they create some policy to give much profit for them. How this will end.

In the end, the poor are increasingly disadvantaged, because apart from rising health costs, they also have to face difficulties in earning money.
Because in a situation like now very few companies open job vacancies, even if they want to open a shop to sell goods, the number of buyers
has dropped drastically. Especially for people who are poor and don't understand technology,  it will be more difficult for them to survive in this
pandemic situation. If people who understand technology, can look for opportunities to make money on the internet. I just hope the pandemic
ends soon and we can all return to normal life.

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July 26, 2021, 05:27:21 AM
 #227

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.

Quote
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.



It is just inappropriate for me to think positively  about Covid-19. It took so many lives, it prevents us from traveling, going out. So no progress is worth such losses. To my mind, humanity will be able to reach this level of tech-development without this disaster as well. So many problems for the economics of all countries. Of course, investors are not in losses,  we were able to buy more assets both in the stock market and in crypto during this drawdown, but I don’t want to be selfish.

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July 26, 2021, 11:22:52 AM
 #228

Indeed, COVID acted as a catalyst to speed up the rates of numerous innovations, inventions  and new ways of life which would have otherwise taken some time to achieve. More lives were saved than was lost. More jobs were save than was lost. Folks picked up new health habits. Till date I still wash my hands for at least 30 to 60seconds.

One of the most important COVID-19 pandemic taught the world is that digital workflows, robots, automation are not some ideals to strive towards in the future but a present and non-escapable  requirement and a must.
but on the other hand covid is also the cause of the extraordinary rate of poverty. The pandemic has cost many people their jobs and made many businesses go bankrupt. it's not about how many people can be saved, but how many people die from this virus. nor is it how many workers are saved but how many people have their incomes decreased because of this virus.

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July 26, 2021, 12:30:23 PM
 #229

Indeed, COVID acted as a catalyst to speed up the rates of numerous innovations, inventions  and new ways of life which would have otherwise taken some time to achieve. More lives were saved than was lost. More jobs were save than was lost. Folks picked up new health habits. Till date I still wash my hands for at least 30 to 60seconds.

One of the most important COVID-19 pandemic taught the world is that digital workflows, robots, automation are not some ideals to strive towards in the future but a present and non-escapable  requirement and a must.
but on the other hand covid is also the cause of the extraordinary rate of poverty. The pandemic has cost many people their jobs and made many businesses go bankrupt. it's not about how many people can be saved, but how many people die from this virus. nor is it how many workers are saved but how many people have their incomes decreased because of this virus.

No one here is saying COVID-19 is a good thing. This plague has taken more than 4 million lives already, and will surely take more. Total daily deaths from COVID are around 7,000-8,000 currently, it is much more than from terrorism, wars and crime combined. It's a terrible tragedy. And, of course you are right, many people have lost their jobs, and even if they were partially compensated, it's still a tragedy.

But in this thread, knowing that CIVID is overall very bad for the world economy, we are trying to find out about some positive effects, like turning of elderly people to computers and internet, in particular. It think right now it's hard to estimate how good it can be for the world economy, we have to wait several years to see the effect, but the effect will be positive and it can be huge.

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July 26, 2021, 01:16:55 PM
 #230


In the end, the poor are increasingly disadvantaged, because apart from rising health costs, they also have to face difficulties in earning money.
Because in a situation like now very few companies open job vacancies, even if they want to open a shop to sell goods, the number of buyers
has dropped drastically. Especially for people who are poor and don't understand technology,  it will be more difficult for them to survive in this
pandemic situation. If people who understand technology, can look for opportunities to make money on the internet. I just hope the pandemic
ends soon and we can all return to normal life.


I dont think when you understand about the technology that will help you out this pandemic certainly because when your business go online then your country is lockdown, the society will not have money to buy ur goods although you have online service for costumers. The pandemic indeed teach us a lot about using technology but This pandemic puts a lot of burden on the community which definitely drains our savings to survive and even many have gone out of business.
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July 26, 2021, 01:30:13 PM
 #231

Totally disagree that we did advance, most of the technology involved with fighting the pandemic is already available so I don't think that it really did advanced us, it more of like halted our progression as a species more than advanced it.
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July 26, 2021, 08:59:09 PM
 #232

Yes, the crypto market didn't looked affected on this pandemic since it's not the same as the others that are tangible. Well, if we're only going to look at that perspective.
We're enjoying the run but that's the fact that these big corporations are the ones that have been booming and making billions after billions within a short period of time.

It will be too early to say that the market wasn't affected as a result of the pandemic. Multiple incidents related to the pandemic had its impact on the cryptocurrency prices, over the past 1.5 years. First it was the stimulus cheques. A lot of people received the additional cash at a time when they didn't needed them. They used the stimulus money to purchase assets including Bitcoin, and it resulted a jump in the Bitcoin prices. And the latest crash (when BTC went down from $35,000 to $28,000) was attributed to the fears associated with the spread of the delta variant (the stock market also went down at the same time).
It didn't looked affected but at first, we've seen that it's been pandemic since last year before we got into the bull run. And that was the best time to invest in the market but many didn't saw that opportunity because they thought that the market was dying due to the pandemic. That's what usually has been happening when the market isn't showing good, most of the people are thinking that it's already the end of the market and misses to buy.

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July 26, 2021, 10:51:18 PM
 #233

In my opinion everything has its pros and cons as well as the covid-19 pandemic has made the economy or life of many countries worse, even spread and killed a lot of people, but If after the pandemic will make people grow stronger, like closing one door, another door will open and after the rain the sky will be bright, our future will definitely develop. develop. stronger and constantly growing.

When you weigh the merit and Demerit of covid-19, the latter surpassed the first. There is no way someone will just wake up one day and start writing the added advantage of corona virus to economy.
Since I was born into earth, I never for once think we will come to something like that's similar to world ending.
Some economy are still struggling to recover from corona break and finding it difficult to increase production.
There are still country who are face with challenges of having free movement till now because they fear the spread might trigger the communication.
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August 02, 2021, 10:08:58 AM
 #234

Totally disagree that we did advance, most of the technology involved with fighting the pandemic is already available so I don't think that it really did advanced us, it more of like halted our progression as a species more than advanced it.

Well, that's just your opinion, man. Maybe read through this thread or google about it. It's a fact that because of COVID-19 the adoption of digital technologies has been accelerated throughout the world. Right now the main problem is not the lack of technologies, rather, it's sluggish adoption of them.

But, although this pandemic has nudged the world in the right direction, we shouldn't forget how terrible it is and also that it's not over yet, and if some of us are still not vaccinated, we should do it as soon as possible. I got my first vaccine 2 days ago because my country is pretty slow in this department, less than 5% of population is fully vaccinated, but especially in places like this it's important to be vaccinated.

As always, we as a species, can be halted by some disaster, or be advanced by it. It depends on us.

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August 02, 2021, 10:24:26 AM
 #235

Totally disagree that we did advance, most of the technology involved with fighting the pandemic is already available so I don't think that it really did advanced us, it more of like halted our progression as a species more than advanced it.

Well, that's just your opinion, man. Maybe read through this thread or google about it. It's a fact that because of COVID-19 the adoption of digital technologies has been accelerated throughout the world. Right now the main problem is not the lack of technologies, rather, it's sluggish adoption of them.

But, although this pandemic has nudged the world in the right direction, we shouldn't forget how terrible it is and also that it's not over yet, and if some of us are still not vaccinated, we should do it as soon as possible. I got my first vaccine 2 days ago because my country is pretty slow in this department, less than 5% of population is fully vaccinated, but especially in places like this it's important to be vaccinated.

As always, we as a species, can be halted by some disaster, or be advanced by it. It depends on us.
It's true we can't close our eyes that since the Covid 19, digital technology has been growing,
if we look at the data, there are not a few who have not been vaccinated and of course this is a homework for the government in every country in order to accelerate the vaccination program,
Of course we all hope that this pandemic can end soon even though it is difficult to see it in the near future

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August 02, 2021, 11:44:53 AM
 #236

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.

Quote
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.


Until now, covid in my country has made everything chaotic, especially the economy. Many people go crazy because of their unpreparedness for this situation. Even people become more unhealthy, rarely exercise, birth rates are also increasing in balance with the number of deaths. I don't know how we have to be able to live side by side with covid. I hope after this we can enjoy life again

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August 02, 2021, 02:57:32 PM
 #237

The hospital is currently getting a big profit because of Covid, in my country almost everyone who gets sick and is checked at the hospital will become Covid, I have a neighbor who is 67 years old and he is often sick, when he has routine checks and has to test for Covid then he is declared positive .

At least in my country (India), that is not the case. The state governments have implemented strict daily thresholds on medical bills and therefore the hospitals can't charge beyond a certain limit. On top of that, the healthcare professionals are badly impacted by the pandemic, and a number of them have died so far. This has left many of the hospitals understaffed. I can't think of any sector in the economy, other than eCommerce business to some extent, that has benefited from the current COVID pandemic.
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August 02, 2021, 04:12:55 PM
 #238


The hospital is currently getting a big profit because of Covid, in my country almost everyone who gets sick and is checked at the hospital will become Covid, I have a neighbor who is 67 years old and he is often sick, when he has routine checks and has to testfor Covid then he is declared positive .

I think I know your country Grin , in some countries even many people who are not responsible for using covid as their means to increase their personal wealth because now many  ​governments have budgeted quite a lot of funds to deal with covid so that the opportunity for funds to be corrupted  by those who are related to it.

At least in my country (India), that is not the case. The state governments have implemented strict daily thresholds on medical bills and therefore the hospitals can't charge beyond a certain limit. On top of that, the healthcare professionals are badly impacted by the pandemic, and a number of them have died so far. This has left many of the hospitals understaffed. I can't think of any sector in the economy, other than eCommerce business to some extent, that has benefited from the current COVID pandemic.
To be honest, I am very sad to see the current condition of India, which reportedly even millions of people in India have become victims of Covid right now, the impact of the current pandemic has actually destroyed many aspects and even the eCommerce business is also a little disturbed, because of the restrictions on community activities in a certain area in a country certainly makes them unable to do business normally, because e-commerce still requires the role of workers such as couriers, drivers, warehousing and so on.

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August 02, 2021, 04:40:14 PM
 #239

Due to the COVID-19 pandemic, many changes have occurred around the world, one of which is the use of digital technology which is increasingly being loved and there has been extraordinary economic growth in the digital sector.
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August 02, 2021, 06:10:25 PM
 #240

Due to the COVID-19 pandemic, many changes have occurred around the world, one of which is the use of digital technology which is increasingly being loved and there has been extraordinary economic growth in the digital sector.
Before the existence of covid, digital technology has also become a trend for modern society, but perhaps due to the current covid, it is necessary for people to think more about their safety when doing activities and one of them is by utilizing today digital technology which is indeed more efficient, easy convenient and can also minimize the occurrence of limb contact that causes transmission of the virus from other people, but to be honest, no matter how advanced technology is today, I prefer normal conditions like what happened before Covid Cry.

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