Quote from: tyz on June 13, 2020, 10:33:48 PM

Quote from: figmentofmyass on April 03, 2020, 11:32:01 PM

what do you think---are entire industries about to disappear because of the pandemic? will some aspects of the economy and general life irreversibly change after this?

Such narrative are problematic in my opinion. I remember the narrative of "the end of history" by Francis Fukuyama at the beginning of the 1990s after the breakdown of the Soviet Union. A narrative which was supported and spread by so many intellectuals. Today we know the narrative was wrong.

Or the narrative at the beginning of the 2000s that the future of the economy is not in industry and production, but in the service sector. We have known since 2008 that this was wrong. Those countries that have relied on service and cut back on their industry have so far recovered less well than those that have continued to rely heavily on industry.

Nevertheless, such crises always change the world sustainably. The only question is how much.

After months, I think you can already see that industries who are most affected by this pandemic is slowly crawling back. Some reopened and some finds new ways of delivering their services to their customers. Even basketball and other sports are slowly coming back, as long as the safety of the people involved is the priority. Film productions starts filming too with limited staff. I think companies and industries affected will surely get back, some might take longer than the others but I'm sure they will be back.