From Tim O’Reilly:
Our failure to make deep, systemic changes after the financial collapse of 2009, and our choice instead to spend the last decade cutting taxes and spending profusely to prop up financial markets while ignoring deep, underlying problems has only made responding to the current crisis that much more difficult. Our failure to build back creatively and productively from the global financial crisis is necessary context for the challenge to do so now.
I enjoyed this article so much. O’Reilly talks a lot about how the future won’t be be just like the past, and we should be thinking about what changes this new world we’ve living in will require of us so that we don’t just revert back to our old habits. What will be gone or changed forever? Travel, large-scale events, privacy, health care and work-from-home are all certain to be transformed. But how? And what new things will emerge?
My fear is that this article assumes we’ll handle the Covid crisis and learn from that experience. Instead, it’s looking more and more like a preview of how America and much of the western world might handle coming climate crises. We won’t – can’t? – work collectively on big problems as a nation any more and that’s a huge danger to both our political system and our planet. But it’s not all doom and gloom. I am hopeful that changes to attitudes and tools for working remotely will create a more equitable job market. That will in turn allow communities across the nation to be destinations for remote workers.
For us to emerge as strongly as possible from Covid and not be left behind by the rest of the world as they recover, we’ll need to see more planning and strategic thinking from our local and national leaders, however. Businesses are doing their part, but our nation is rudderless.