Tag Archives: future of work

15 things that Can change because of the coronavirus in the next 5 years

Here are a list of 15 initial things that will change I believe because of the coronavirus (#covid19) in the next few years.

  1. First meetings go virtual. I get about 3-5 requests on LinkedIn with people wanting to meet for coffee to network. I don’t drink coffee but I like to network. Instead of asking “where / when should we meet”, it will get to be “when can we meet virtually”. This is not going back.
  2. More people get employed by the government globally. Until now, the western countries have largely had the military and certain government functions federally employed and many teachers, firefighters and police employed by local government. To guard against more future outbreaks, more medical professionals (not specialist doctors, but nurses, etc.) will come under government employment.
  3. Just like the “strategic oil reserve” in the US, or the “pork reserve” in China, more countries will start to have strategic “medical reserves”.
  4. Significant number of older (greater than 70 years old) people will start to take supplements, exercise more frequently and take care of their health a lot more.
  5. WFH will become the norm for many more roles, resulting in more office buildings (commercial real estate spaces) being converted to residential apartments in downtown locations.
  6. More tracking, monitoring and surveillance (much more than currently being done)of individuals with automatic sensors for many types of illnesses being automatically detected by sensors in many buildings, groceries, etc.
  7. We will all realize that grocery stores can be open only from 7 am to 11 pm and that works for 90% of the people and have more sane hours in the US for workers.
  8. Support for paid medical leave will increase from hardly there to workers minimum rights, and have up to 21 days of sick leave for all.
  9. Increase in usage of tele-medicine, tele-counselling, and internet everything.
  10. Most kids (K-12) will start to have only 4 day school week and likely move to studying from home 1 day a week.
  11. College students will find that most of them can study from home very well, resulting in at least 10% of students opting for remote education, saving on dorm, meal plans and binge-everything
  12. More “minimum manufacturing, and production facilities in each country will force China to no longer be the “manufacturing powerhouse of the world. More countries will start to require vertical integration manufacturing to have at least X% (10% – 50%) of all their needs locally manufactured / produced.
  13. Voting (elections) will go digital in a big way with a lot of requirements on security and emphasis on making every vote count.
  14. Many more countries will start to accept “universal basic income” for the lowest 10% – 20% of their economically poor.
  15. Cash will go in many countries from being the primary currency of exchange to secondary – mobile payments, credit cards and micro-credit will start to take over.

What do you think changes?