Were four weeks into the massive time-out forced on us by coronavirus. Many of us have spent much of that time trying to get used to the radical lifestyle change the virus has brought. But were also beginning to think about the end of the crisis, and what the world will look like afterward.
So its a good time to round up some opinions about how the pandemic might change how we think about various aspects of life and work. We asked some executives, venture capitalists, and analysts for thoughts on the specific changes they expected to see in their worlds.
Naturally, many of them tended to see the aftermath of the COVID-19 crisis in optimistic terms, at least when it comes to their own products, ideas, and causes. And at least some of them are probably right. But the general themes in their comments add up to preview of what might be ahead for tech companies and consumers once the virus is no longer the biggest news story in the world.
The responses below have been edited for publication.
Matthew Prince, CEO of CloudflareThe pandemic has resulted in what is effectively the largest work from home experiment ever conducted in human history . . . Were seeing the effect on the internet, in terms of traffic patterns that are shifting. People are accessing more educational resources online for their kids; finding unconventional ways to connect with coworkers, friends, and family; and employers are being more flexible in how they respond to employee needs through more dynamic, cloud-based technology. I think well see these shifts last well beyond the immediate fallout of the COVID-19 outbreak.
Jared Spataro, corporate vice president, Microsoft 365This time will go down as a turning point for the way people work and learn. We have a time machine as China navigates its return back to workand were not seeing usage of Microsoft Teams dip. People are carrying what they learned and experienced from remote work back to their new normal. Were learning so much about sustained remote work during this time.
Remote hiring of technical talent will become the norm.
Tim Bajarin, principal analyst at Creative StrategiesWe talked to CIOs recently, and they told us that they are becoming more comfortable with at least some of their staff working from home. Two CIOs even quantified it by saying they might consider letting as much as 25% of their staff work from home. That would mean less people in the office, and in turn, possibly less demand for office space. I believe that this could signal the death of open space work environments. The experience with COVID-19 will for years make people more aware of working in shoulder-to-shoulder open offices where it is easy for viruses to spread.
Eva Chen, CEO at Trend MicroThe COVID-19 experience will . . . build our courage to adopt new patterns to fix antiquated processes. As a result, organizations will ditch the notion of having a big office and revert back to a small-town model of working in cluster offices with more remote work. Even more so, company headquarters will be located in the cloud, shifting how we protect enterprise data in the virtual cloud and how we secure data from more diverse endpoints.
Sampriti Ganguli, CEO of the social venture firm Arabella AdvisorsWe are . . . all becoming BBC Man, meaning our kids and dogs routinely rush our meetings. Weve probably crossed the chasm between what is acceptable in the office and what is acceptable at home, and in many ways, these more intimate moments allow us to have deeper and more meaningful connections as humans. I dont think were going back to a world of working mostly from offices anytime soon, and as such, there are new business norms that work for home and work.
Steve Case, cofounder AOL, CEO and chairman of Revolution[We] believe the COVID-19 pandemic will encourage peopleentrepreneurs, investors, and employeesto consider opportunities outside of the coastal tech hubs. People who have been considering a move, to tap into the sector expertise (healthcare, food and agriculture, etc.) that exists in many parts of the country, or for a lifestyle change, or to be near family and friends, may choose this moment to relocate, accelerating a talent boomerang, and helping emerging startup cities rise. On top of that, the increased willingness to accept remote working as a viable arrangement following this prolonged work-from-home period will further propel this trend.
Vivek Ravisankar, CEO and cofounder of programming-challenge platform HackerRankRemote hiring of technical talent will become the norm, accelerated by the normalization of remote work. This is a win-win for the economy and the talent pool, as it allows companies to fill positions quickly with qualified talent and opens up high-paying tech positions to developers everywhere. We were already seeing the shift toward prioritizing skills over pedigree in hiring. That will now evolve to skills over geography, making our tech talent pool more diverse, and our businesses and economy stronger.
AJ Shankar, CEO and cofounder of EverlawIn the modern work environment, real-time communication mediums like chat allow for a certain blurring of the line between personal life and work life, an always-on mentality. But now, in a COVID world, that line has never been more blurred: There is no physical separation at all. So I predict that expectations around availability will changefor the better. For employee-friendly companies, evening hours will ultimately revert to family or personal time, as they should. This wont happen automatically; a change in mindset and process is required.
Stan Chudnovsky, VP of Messenger, FacebookIts becoming more clear every day that the way people are using technology to spend quality time with loved ones, engage with businesses, and perform their jobs is fundamentally shifting to a new normal. Loved ones who hadnt seen each other in years are now seeing each other daily, people are getting creative with virtual happy hours and keeping up with their formerly physical lives with shared workouts and virtual birthday parties on products like Messenger. Of course, there will be some tough consequences when we come out the other side of this, but I believe the growing acceptance of technology to help us feel connected will have lasting benefits.
Michael Hendrix, partner and global design director, IdeoRight now, the virus seems like an accelerator for digital change that was already underway . . . the surprise has been to see the resistance to this digital change suddenly evaporate. What organizations resisted for a decade is now core to survival and innovation. It is exciting, because this digital mindset will persist, and it is highly unlikely companies will try to return to what worked prior to the pandemic.
We could get to a state of nearly universal online access at home.
Alex Farr, founder and CEO of voice tech company ZammoUsing videoconferencing is not only going to become a more common part of life due to this pandemicthe way it shows up through our tech devices will multiply. At work and at home, well ask voice assistants to call our client, our boss, our mom, our friends, and on command, Alexa, Google Assistant, Siri, etc., will take us right to those live video conversations.
Will Cathcart, head of WhatsAppAs people have been forced physically apart weve seen them make far more video calls on WhatsApp than ever before. These are intimate and private conversations that people expect no one else should seeno different than if you were talking in person. Not criminals, not hackers, not even a company. I believe that our shared experience of being physically isolated from one another will cause us to appreciate and value the privacy and security that comes with end-to-end encryption even more than we did before.
Simon Allen, CEO of McGraw-HillThe change we are seeing right now in education is not something that is likely to revert back to normal in the fall. Although teachers will always be integral to the education process, there will need to be continued flexibility and agility when it comes to things like the delivery of content, testing, and grading. I expect that we will see an increase in blended learning environments that include learning in both the physical classroom setting and online.
Adam Enbar, CEO of Flatiron SchoolRight now, educators are relying on Zoom and Slack to teach and engage with students. Were realizing its falling short in replicating the classroom experience, but the truth is that it was never meant to be a substitute. In fact, no ed-tech tool or platform can or should replicate the in-person classroom; techs role is to create new experiences altogether. Nothing spurs innovation like people experiencing problems. When things are back to normal, Zoom and Slack usage will go downand thats okay. Instead, well see a boom in technology that is built by entrepreneurs looking to create entirely new experiences custom to the remote education or work experience.
Sal Khan, founder and CEO of educational nonprofit Khan AcademyThe need for online access and devices in every home is now so dire that it may finally mobilize society to treat internet connectivity as a must-have rather than a nice-to-have. Were already seeing governments, school districts, philanthropists, and corporations step up to close the digital divide. If this continues to happen, we could get to a state of nearly universal online access at home.
Dr. Claire Novorol, cofounder and chief medical officer, Ada HealthThe adoption of digital health toolsfrom assessment services to telemedicinehas rapidly accelerated, with healthcare organizations across the world looking to digital solutions to support their efforts against the pandemic, and health tech companies keen to rise to the occasion in support of healthcare payers, providers and patients alike. Its clear that we are witnessing a step-change in the adoption of digital health solutions, and that this has long-term potential. The healthcare industry will be greatly affected by the coronavirus pandemic, and we can expect digital health technologies to form an essential part of the way forward.
Pat Combes, worldwide technical leader, healthcare and life sciences at AWSThe biggest barrier to ensuring doctors have the most complete medical history on any patient, at every point of their care, is the lack of interoperability among systems, preventing data and electronic health records from following a patient throughout their care journey. Bringing this information together is a manual and time-consuming process. But, this is one of those pivotal moments in time when we have an opportunity to identify and work to fix the underlying problems that plague our system, with so many researchers, health systems, governments, and enterprises pooling efforts and data to better understand and combat COVID-19.
Ara Katz, cofounder and co-CEO, Seed HealthAt a time when misinformation is especially rampant, and in many recent cases, dangerous, it is imperative that those working in science collectively steward and uphold a standard for how information is translated and shared to the public. COVID-19 is a reminder of how science informs decisions, shapes policy, and can save lives. The antidote to this current infodemic may be as important to our collective future as a vaccine.
Harry Ritter, founder and CEO of wellness professional community AlmaThere will be a monumental shift in attitudes toward mental health. [S]ociety, having experienced this collective trauma and grief, will develop new levels of empathy and a willingness to talk about mental healthcare as an essential part of healthcare in ways we have not seen before. Employers are already seeing how emotional well-being is factoring into their workforces ability to perform under stress. Ideally they will come out of this better able to recognize their obligation to prioritize mental healthcare as an employee benefit.
Peter Chapman, CEO and president, quantum-computing company IonQWithin the next 12 to 18 months, were expecting quantum computers to start to routinely solve problems that supercomputers and cloud computing cannot. When humanity faces the next pandemic, Im hopeful that a quantum computer will be able to model the virus, its interactions within the human body that will drive possible solutions, and limit the future economic damage and human suffering.
David Barrett, CEO and founder of ExpensifyThe COVID-19 crisis has swiftly exposed the fragile underbellies of many companies, especially those in tech that have been propped up by huge funding rounds and strategies that require massive monthly burn rates. Theyre now teetering on the edge of collapse, with most facing layoffs across the board and some searching for buyers as a last resort. On the other hand, profitable companies . . . are simply tightening their belts and carrying on with business (mostly) as usual. Going forward, investors mindsets and qualifications about what constitutes a truly valuable company will change. Rather than focusing on the quantitative aspects like funding rounds and revenue, investors will place a greater emphasis on the qualitative aspects, such as an organizations structure, team, culture, flexibility, and profitability.
Restaurants might permanently link up with delivery service platforms or expand their reach via ghost kitchens.
Michael Masserman, global head of policy and social impact, LyftAs we look to the reopening of cities, people will be looking for affordable, reliable ways to stay socially distant while commuting, including turning to transportation options such as rideshare, bike share, and scooters. There will also be an opportunity for local governments, as well as key advocates and stakeholders, to consider reshaping our cities to be built around people and not cars.
Avi Meir, cofounder and CEO, TravelPerkCountries and regions will emerge from lockdown at different paces, leading to corridors of travel between destinations opening back up one by one. Were already beginning to see early signs of a modest pickup in travel again in Asia Pacific, as the local pressure of the virus lessens. When travel does begin to resume, domestic travel will be first. For most countries, that means taking a train, not least because theyre less crowded.
Ed Barriball, who leads McKinseys Public Sector Practice in North AmericaIn the short term, companies are concerned about the shortages of critical goods across the supply chain, and some are looking for alternative sources closer to home. In the long term, once we emerge from the current crisis, we expect businesses and governments to focus on better quantifying the risks faced and incorporating potential losses into business cases. These businesses will model the size and impact of various shock scenarios to determine actions they should take to rebuild their supply chains and simultaneously build resilience for the future. These actions could include bringing suppliers closer to home but could also include a range of other resilience investments.
Amar Hanspal, former CEO at Autodesk and now CEO at Bright MachinesThis pandemic will have a lasting impact . . . on the way physical products are made. Customers I talk to are grappling with supply chain and factory disruptions across the globe. This has been a wake-up call to manufacturers. The current way of building products in centralized factories with low-cost labor halfway around the world simply cant weather storms of uncertainty. Moving forward, factories and supply chains will require, and businesses will mandate, much more resilient manufacturing through nearshoring and even onshoring, full automation, and software-based management.
Sarah Stein Greenberg, executive director of the Stanford d.schoolIn times of great uncertainty, the most critical skill is to be able to adapt as conditions change. This is a kind of ambidexterity: focusing on surviving in the current moment while you also build toward thriving in a future that will look different. To get there, successful leaders are creating and holding space in organizations for people to be generative, despite the challenging and stressful environment. Drawing from one of the fundamental strengths of design: by separating the process of generating ideas from critiquing and selecting them, we are seeing organizations and individuals rewarded with a far wider range of potential solutions.
Will Lopez, head of accountant community at HR platform GustoCOVID-19 isnt the end of brick-and-mortar storestheyre vital to our communities and our economybut the way they operate will change. This crisis will force small businesses that have historically relied on foot traffic as their main source of income to develop alternative revenue streams so they can weather the next major event. For example, many restaurants might permanently link up with delivery service platforms or expand their geographic reach via ghost kitchens, and more boutiques will develop an online presence that reaches beyond their local neighborhoods.
Original post:
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