Covid

A Future Prognosis

Athena @ Shaping Tomorrow

24 March 2023
Introduction
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Contents
User Guide
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Sources
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World Outlook
Main factors that cause something to happen globally
Just as vaccines were a game changer in the battle against COVID-19, the global plan calls for approving a new TB vaccine by 2025 and making it widely available to adults and adolescents in TB affected countries. Health Policy Watch
About 4% of global gross domestic product could be lost annually by 2050, surpassing the 3.3% contraction caused by COVID-19 in 2020. S&P Global Platts
After the 'involuntary under-tourism' that occurred during the Covid pandemic, the remainder of this decade will see a return to the problem of 'over-tourism' to the world's most popular destinations, unless measures are taken to consciously combat it. ROADBOOK
Global regions, coloured according to number of forecasts
SWOT
Strengths
  • The Supreme Court of the State of New York, Appellate Division, Fourth Judicial Department, granted a stay on Monday that will keep New York's COVID-19 vaccine mandate for healthcare workers in place during an ongoing case sponsored by Children's Health Defence. Legal Reader
  • Korea's medical equipment manufacturers have made a huge leap by turning the global crisis of Covid-19 into an opportunity to show off Korea's strong medical technology worldwide.
  • As Southeast Asia rebuilds from the COVID-19 pandemic, governments need to promote a recovery that will not only support growth and job creation but also protect the environment. Asian Development Bank
Weaknesses
  • Inflation, economic uncertainty, and the lingering impact of the COVID-19 pandemic are just a few of the challenges that will confront HR professionals during the year ahead. HRO Today
  • While the U.S. has not experienced that kind of shock, the COVID pandemic, inflation, rising prices and irrational fear of growing diversity have contributed to generalized anxiety. The Hill
  • While clinical trial data were limited, FDA said it's reasonable to conclude, based on the available virology data, that Paxlovid is likely to retain clinical efficacy in adults with COVID-19 caused by the omicron variant who are at high risk of progression to severe disease. The Hill
Opportunities
  • US gains in the early identification of children with autism, considered critical in enabling them to reach their full potential, were largely wiped out by disruptions in evaluations in the early months of the COVID-19 pandemi c. The Jerusalem Post
  • Japan was relatively late in exiting from the Covid-19 mindset, and 2023 will be the first year of post-Covid - 19 normality. Institutional Investor
  • The reopening of mainland China's economy following the end of zero-COVID policies will lift its growth from 3.0% in 2022 to 5.3% in 2023, providing some offsetting support to the world economy. IHS markit
Threats
  • For some industries, the energy price shock could exacerbate pre-existing supply chain disruptions arising from COVID-19 restrictions in China and general microchip shortages. European Central Bank - Banking Supervision
  • US officials are weighing whether to offer people who are at high risk of severe Covid-19 the chance to get another bivalent booster, according to a source familiar with the deliberations, who asked not to be named because they were not authorized to share the details of ongoing discussions. CNN
  • Recent events such as COVID-19 and the cost-of-living crises are causing economic, educational, and health-related setbacks for many, exacerbating environmental, geopolitical risks, and threatening global security and stability. CourtHeath Consulting
Influencers
Countries
Cities
People
Organizations
S-Curve

A framework that describes a 4-phase level of maturity to help determine potential and inform innovation strategy.

Weak
people, augmented reality, infection, COVID-19, health, airline
Emerging
country, pandemic, vaccine, people, health, company
Maturing
country, demand, crisis, economy, death, GDP
Declining
economy, demand, GDP, crisis, country, growth
Sentiment
Past Year: Stable
Compare changing sentiment to a benchmark of all forecasts
Just as vaccines were a game changer in the battle against COVID-19, the global plan calls for approving a new TB vaccine by 2025 and making it widely available to adults and adolescents in TB affected countries. Health Policy Watch
Many disasters and crises, from the COVID-19 pandemic to Russia's war on Ukraine, have ushered in a decade with intense risks and uncertainty for economic activities, at a level that the world has not experienced for the last several decades. nippon.com
PEST
Political
  • For some industries, the energy price shock could exacerbate pre-existing supply chain disruptions arising from COVID-19 restrictions in China and general microchip shortages. European Central Bank - Banking Supervision
  • TB will likely kill more people in low- and middle-income countries in 2023 than COVID-19. The Global Fund
  • Supply chain disruption has been exacerbated by Covid-19 (e.g. chip shortages in manufacturing, skills shortages in certain sectors), and the war in Ukraine (through higher energy costs and key materials shortages). UK in a changing Europe
Economic
  • Some might expect the Singapore government to increase corporate income tax rate in Budget 2023 to help fund the total expected draw of S$40bn from past reserves for the COVID-19 support measures over the last three years and projected higher social expenditures and investments. Ernst & Young
  • While the U.S. has not experienced that kind of shock, the COVID pandemic, inflation, rising prices and irrational fear of growing diversity have contributed to generalized anxiety. The Hill
  • London's stocks have worst day since start of Covid as banking crisis fears grow. Car Dealer Magazine
Social
  • Pfizer's antiviral COVID-19 treatment Paxlovid is safe and effective at treating adults with mild to moderate COVID-19 who are at high risk of progressing to severe disease, including hospitalization or death. The Hill
  • As the federal pandemic emergency and funding comes to an end, New York City and NYC Health + Hospitals will continue be there for all New Yorkers seeking testing, treatment, vaccination, and support if they are dealing with Long COVID. NYC Health + Hospitals
  • Wherever the CCP experiences trouble, be it unrest in Xinjiang, pro-democracy demonstrations in Hong Kong, self-immolations in Tibet, Taiwanese resistance to reunification, or its own citizens protesting against Covid-19 lockdowns, the CCP warns that 'hostile foreign forces' are behind them all. Council on Geostrategy
Technological
  • While clinical trial data were limited, FDA said it's reasonable to conclude, based on the available virology data, that Paxlovid is likely to retain clinical efficacy in adults with COVID-19 caused by the omicron variant who are at high risk of progression to severe disease. The Hill
  • Passengers flying to the U.S. from China, Hong Kong, Macau and designated airports will no longer be required to show a negative COVID-19 test no more than two days before their flight or proof of recovery from COVID-19 before boarding. USA Today
  • Even as the growth in the number of digital shoppers slows after the surge at the height of the Covid-19 pandemic, the proportion of online consumers is still expected to increase from 32% in 2021 to 34% by 2025. Financial Times
Financial Impact
Economic welfare losses measured in terms of the impact on national income growth and the value of lives lost, is in the range of US$ 3.7 trillion - nearly half the output losses expected from 2020 to 2030 due to COVID-19. / USA Nature
In early 2020, COVID-19 spread rapidly worldwide, and is estimated to have contributed to more than 17 million deaths, with economic losses estimated to reach $12.5 trillion by 2024. Nature Medicine
Kishida wants to attract ¥5 trillion (£30bn) in tourism-generated spending a year, but the Nomura Research Institute estimates that inbound travel will generate a much lower ¥2.1 tn in 2023, and will not exceed pre-Covid levels until 2025. / Japan The Guardian
Click on the dots or the lines to see the connections
System Map
Organizations
Sectors
Cities
Countries
People
Scenarios
Creates plausible alternative futures of what can happen and encourages development of a robust, agile response
If the energy crunch was bad in 2022, China's recent loosening of COVID-19 protocols could spell a disastrous global crisis in 2023. Yahoo News
Global airlines are predicting their first industry-wide profit in 2023 since 2019 as air travel rebounds from COVID-19 restrictions. Investopedia
AMR is a silent pandemic of much greater risk to society than COVID-19 - in addition to 10 million deaths per year by 2050, the World Health Organization estimates AMR will cost the global economy $100 trillion if we can not find a way to combat antibiotic failure. phys.org
Warnings
Changing proportion of published forecasts
The impact of war in Ukraine, sanctions on Russia and the ongoing COVID-19 pandemic pose major challenges to the global economic outlook in 2022-2023, threatening its recovery from the 2020 recession. Euromonitor
COVID-19 caused huge disruption to healthcare systems around the world, but with the challenges also came innovative and different ways of safely providing healthcare, including safe abortion care. World Health Organization: WHO
Solutions
Know how others are tackling issues with this topic
Given the unprecedented weather extremes that have rocked the world recently, combined with disruptions to the food system from the COVID-19 pandemic, high fertilizer prices, and the war in Ukraine, the odds of a devastating food system shock will be much higher than usual through 2023. Yale Climate Connections
Without a coordinated strategy to ensure critical virus-fighting tools and technology are accessible everywhere, COVID could cost the world $14 trillion by the end of 2024. ONE
Without a global strategy to ensure critical virus-fighting tools and technology are accessible everywhere, COVID could cost the world $14 trillion by the end of 2024. ONE
Key topics
Extremes
Investigate what’s transforming or collapsing
Shocks related to the COVID-19 pandemic and the war in Ukraine mean the world is unlikely to meet a longstanding goal of ending extreme poverty by 2030. Cyprus Mail
COVID-19 pandemic could drive the number of people living in extreme poverty above 1 billion by 2030 globally. Zoom Video Communications
While some challenges for the feed sector are structural (such as the EU's deficit in plant-based protein), others are a direct consequence of the COVID-19 pandemic, global disruptions caused by weather extremes, and the war in Ukraine. European Parliament
What's Next
Changing proportion of material mentioning future years
Significant resources will need to be mobilised in the coming years to reverse the worldwide effects of COVID-19, and Latin America cannot be left out. CIDOB
The project, equal to 1% of global LNG demand, should be launched by 2030 when potential buyers see a shortage coming up, a delay from 2027 because of the COVID-19 pandemic. Reuters
Questions
Can?
Now that the end of the COVID-19 pandemic seems to be drawing closer, when can we step into the stable endemic stage? MDPI
How can a government unwilling to reveal COVID deaths be trusted to share other vital information, such as China's greenhouse-gas emissions, crucial to tackling global warming? The Atlantic
Finally, as the NICHE member organizations continue to recover and adapt to meet the changing demands brought about by the COVID-19 pandemic, what are some ways that NICHE leaders can reengage with the vision and mission of advancing clinical excellence in the care of older adults? Science Direct
How?
How will COVID-19 affect U.S. long-term mortality? Insurtech Insights
How could millions of antivaxxers believe the Covid-19 vaccine contains a digital chip to control us? The National Holocaust Centre and Museum
How will current geopolitical risks (including the war in Ukraine, supply chain issues, and the lingering impact of the COVID-19 pandemic) affect real estate in 2023? Practical Law The Journal
Who?
Who is undaunted by disease, famine, drought, floods, earthquakes, tsunamis, locusts, conflict zones - and now the COVID-19 pandemic? LSHTM
Who knows what 2022 will bring in terms of new COVID-19 waves, global conflict or environmental catastrophes that may impact an already strained Canadian immigration system? Canadian Immigrant
The retreat from strategic ambition evident over the past twenty years begs two fundamental questions; where exactly is the necessary fighting power and all of its enablers going to come from, and who is going to pay for it in the post-COVID European economy? Julian Lindley-French
What?
What if governments and regulators collectively decide to manage their economy's leverage down, with a goal to return to pre-COVID - 19 levels by 2030? S&P Global Platts
What is the impact of Covid-19 on the Automated and Closed Cell Therapy Processing Systems market? FMIBlog
What has been the impact of COVID-19 on the global industrial wireless sensor network market? Yahoo Finance
When?
Will organisations and leaders revert to pre-Covid mindsets on the balance of power between employers and employees (e.g. where, when and how work gets done), and take the traditional approach of using layoffs to manage costs? Transport Times
What about next winter, when Russian supplies may have disappeared altogether, and the easing of Covid-19 restrictions in China may mean demand for LNG in Asia rises sharply again? Chicago Council on Global Affairs
When will the ongoing disruption of Covid fear stop hindering our society, and when will we focus on solving the problems Covid has created for us? NZ Herald
Will?
After three years, and nine waves of varying intensity and duration, what dynamic will Covid-19 adopt next in France? Le Monde.fr
What will be the impact of China changing its COVID-19 policies? Morningstar Australia
If the media can manufacture mass-sociogenic illnesses out of thin air, like Long-Covid, what makes us think syndromic surveillance will help solve the mental health crisis? Identity Dixie
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