Predictions for Post-COVID world
Most Likely Things go back to normal in six to twelve months if the stay-home orders only last for a couple of months. This situation is similar to a computer being shut down and turned on again - most programs will reopen and function as-is (unlike in 2009 where there was a software error and we had to delete and rewrite programs). Likely Acceleration in the "physical to digital" conversion that was already happening. Movie theaters to streaming, restaurants to food deliveries and cloud kitchens, shops to online grocery and regular shopping. Companies that enable this switch or can adapt quickly will benefit. Less discretionary spending, travel, home/vehicle purchases, and more savings due to unemployment, recession, and fear of travel and going outside. More remote work as companies encourage work from home whenever employees are sick and during the regular flu season. New wave of young entrepreneurs and digitization of small business that will replace ...