4 ms·
While it does make for an interesting read, most of the conclusions seem too far-fetched to me. In fact, I expect everything to be back to more or less where it
by 4cao 7y ago
While it does make for an interesting read, most of the conclusions seem too far-fetched to me. In fact, I expect everything to be back to more or less where it was within a year or two, with only a couple of major lasting changes related to: (1) the political dynamics within the EU, (2) the position of China in the world economy, (3) specific industries and regions being disproportionately impacted (cruise ships gone, airlines forced to consolidate further across country borders, tourism-dependent economies heavily affected and slow to recover, etc.).
In particular I don't believe anything like the following will happen:
> We will see moves away from ‘just-in-time’ manufacturing, and major shifts towards practices which reinforce resilience (e.g. stockpiles, redundant capacity, duplicated systems) at the expense of efficiency.
Perhaps, for a year or two, at which point all the "resilience" will be optimized away.
> We anticipate lasting interest in remote working models
> The normalisation of remote working might also slow the trend of people moving from countryside to cities, whilst prompting more interest in distributed organisations
People working remotely will be the first to get fired, at which point they'll have to get another job, and it'll likely be a traditional one again.
> More people will voluntarily surrender personal data (such as medical and genomic data, contact data, location data, etc.) to help the common good.
People already surrender all of their data, most of which happens involuntarily. Governments might attempt to use more of this data but they're unlikely to have the wherewhittal to do so consistently.
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Many of the changes on the list have little to do with the virus and were already underway before, at most the pandemic will have only accelerated them.
- jhwang5 7y agoYep. 1) It's against human nature - in aggregate - to prefer working in solitude at home. WFH may increase, but remote won't anywhere be the "mainstream" 2) No, the position of China in world economy will ironically grow. Getting supply chain out of China will introduce unwanted inflation into developed nations in EU and US - that's not what these countries need after printing many trillions of dollars.