Recently, a renowned scientist commended on LinkedIn on issues of employee retention, and that she used the word “Zoom” exclusively for videoconferencing in her post.
The debate on the COVID19 saga whether it is a “black swan” or a “white swan” continues. To me, this COVID19 event is a preventable tragedy just as fellow academic Nassim Taleb who coined the “black swan” term said it is – a “white swan“; not only in terms of lives, but in terms of economies and livelihood too. It is a worrying trend and time.
In the COVID-19 crisis, we are seeing TV studios chatting with guests and even their anchors in their homes, as if seeing a sudden transformation of the TV and radio business within a matter of months in 2020. However, these are NOT new. I was doing it real-time, broadcasting “live” with my colleagues in California, many time zones and oceans away, in 2002!
A crisis like COVID-19 is like no other. Unlike the Global financial crisis in 2008 or the SARS crisis earlier, this COVID-19 has literally killed entire industries that were previously thought to be invincible, like aviation. From expecting a shortfall of over 200,000 pilots needed for the next few years and an abundant order of jets from leading jet makers like Boeing and Airbus, suddenly planes and crew are all grounded, worldwide!