Experts are already thinking about how the coronavirus crisis will impact society for years to come.
When will life return to normal?The end result: An intentionally fuzzy picture of several possible futures, varying based on how several unknowns — such as the duration of the pandemic — unfold. Those possible futures highlight trends that may soon define our times.
On one end of the spectrum: A short-lived pandemic that will batter small and medium-sized businesses. It leaves consumers — grateful to once again gather with friends, loved ones and coworkers in person — reevaluating some of their pre-pandemic habits. On the other end: A prolonged, nearly impossible to contain virus that leaves the world isolated, distrustful and suffering.
Levine, who was not involved with the project, said the report approached the difficult task of looking years into the future the right way. While none of the scenarios described in the report are likely to pan out as authors imagine them today, Levine said the future will likely hold a mix of them.In this possible future, our fight against the virus goes better than expected — but still at great economic cost, especially to the middle class and small businesses.
It’s an expansion of a trend seen to some extent in the today — public-private partnerships where big corporations step in when governments can’t handle the crisis alone. There’s threads of this in the daily news of today:
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