Categories: Market Overview

Microsoft Predicts a Bleak COVID-19 Future With ‘All Digital’ Move

It’s official. Microsoft announced that they’re making all events digital. To curb the spread of COVID-19, all internal and external events will be digital-only until July 2021. This is a smart and necessary move by Microsoft. If we’re going to stop this virus from killing millions, we need to do all we can.

Microsoft’s latest moves against COVID-19 might just be overcautious. It’s worth being extra sure that the illness has been eradicated before we go back to business as usual. But, if strict measures remain necessary for that long, we could all be in for a rough few years. If we have to wait until next summer for COVID-19 to go away, that means a lot of time spent inside. Imagine the damage that’ll do to world economies. By the time it’s all over, we could end up with a case of collective trauma.

But that doesn’t necessarily mean that country-wide lockdowns will need to be in place for the length of the outbreak. I am all for COVID-19 preparedness. These lockdowns going on all over the world are a necessary measure. But, they’re also incredibly hard on the people and the economy. That’s why these measures should be stepped back as soon as it’s safe to do so.

I’m not talking about things going straight back to normal, obviously. But, a relaxing of strict rules would almost certainly do wonders for people’s sense of freedom. Caution is all well and good, but what’s the point of saving everyone if we’re all suicidal by the end of the outbreak?

Microsoft Predicts a Bleak COVID-19 Future With ‘All Digital’ Move, CCN, Apr 9

The FxPro News Team

This team of professional journalists announces the most interesting and influential articles from the major financial media as a brief summary. All such news may have sufficient potential to affect the course of trading assets.

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