Many Americans are understandably focusing on the short-term issues regarding the Coronavirus. I’ll take a step back here and poke at a few things that will see some sort of change post-Corona.
Business Travel and Communication will be drastically modified.
With travel all but at a standstill right now, and many hotels practically shut down, business travel may see a massive decrease going forward as businesses will see the practicality of performing face-to-face meetings through technological means. Business travel tends to be expensive – time lost, per diem expenses, plane tickets, hotel rooms, car rental, gas, etc. When businesses see the practicality and lowered expense (particularly for inter-company meetings) of videoconferencing, we will see a LOT less business travel going on.
Telecommuting may become the rule rather than the exception.
A massive uptick in employees who can work from home being required to do so is underway. While some companies with large call centers are already trending toward telecommuting, the companies which were dabbling with it are now being forced into pushing employees to work from home. What may occur is that, as employees get used to being at and working from home, not having to commute, making their own coffee, spending more time with their family around – telecommuting also becomes an incentive.
Online Buying May Increase
We THOUGHT Amazon was big. It’s about to get BIGGER. And we will see more closure of smaller national chain retailers (Coronavirus may be the death knell for most retailers on the brink already). Online retailers with good platforms will see business get better. People forced to buy stuff online will find it a whole lot easier than going to the store.
Pentecostalism may take a hit
Certain brands of Pentecostalism – particularly those which push hard on name-it claim-it theology that emphasizes that physical health is related to personal faith – is going to see some blowback as congregants get sick. The situation puts such churches in a quandary – do they take the risk that what they actually teach is true and meet, or do they play it safe and not hold services. We have already seen one megachurch in Korea worsen the problem by meeting, and it wouldn’t surprise me to see that here and there in the US.
Life WILL change after Coronavirus. Life probably needed to for many Americans.
“A little revolution every now and then is a healthy thing, don’t you think?” – Captain Ramius, The Hunt For Red October