How governments and Big Tech are looking to curb the spread of coronavirus with your smartphone | | | FRI, APR 17, 2020 | | | | TECH, TRANSFORMATION AND THE FUTURE OF WORK | | Think a friend or colleague should be getting this newsletter? Share this link with them to sign up.
Everyone wants to get back to work and reopen the economy as soon as possible. The 22 million jobs lost in the last 4 weeks has erased a decade of job gains. While some, like Philadelphia Fed President Patrick Harker believe those jobs will return eventually, he says we'll need to be patient. Easier said than done.
There are mixed signals everywhere, from the president to state governors to public health officials to individual companies. To wit: Mark Zuckerberg announced that Facebook will ban gatherings of 50 people or more through June 2021; California Governor Gavin Newsom has begun to map out a reopening of his state; all while L.A. Mayor Eric Garcetti indicated mass gatherings would be banned in the city for the rest of the year. President Trump issued guidelines for a possible May – June reopening of the economy, just as northeast governors extended their shutdown of nonessential businesses through May 15. Companies like Starbucks are setting their own plan to start reopening stores as local conditions allow. Clear guidance is hard to come by, and will vary region to region, state to state, city to city.
The reality is, as our testing capacity is still strapped, it seems like anyone's guess how soon we'll have a return to normalcy, and individual businesses are going to have to make difficult choices. What we can hope for is daily progress, no matter how small, and the unity behind that desire is all we can hope for.
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