The Pandemic Paradox

We, humans, have a tendency to emerge as a better and more powerful species whenever we are subjected to any widespread disaster. the modern times of the corona outbreak provide a similar opportunity to us. The situation is told to have been foretold by visionaries such as Bill Gates who once expressed his thought about how not missiles but outbreaks would be used to fight a war. And we can see what succeeded corona. Havoc spread all over the world, leading to the isolation of many regions, partial shutting down of the world’s economy, people losing out their job, and a sure deterioration in the life of the average people. However, there is a stratum of society that would definitely profit from the pandemic situation and have converted the situations of international concern towards their favor.

1. Online services:

We all can see the deliveryman of one of the online services on the road more frequently than at any other time. This simply represents the increased demand for online services such as Amazon, Groffers, etc. with the infection spreading from here and there, it is not wrong to say that contact tracing can hardly provide you the full-fledged data about someone. It is possible that the owner of the grocery store from whom you have been buying all these years may himself be an asymptotic carrier of the COVID germs. Trusting people, having faith in them in different aspects of life is important, but in a situation like this, we can trust nobody with our help. This feeling has been the driving force behind the upsurge of various online services through which the people can virtually buy the products they require without stepping out of their homes. Most of the online services have adapted to the methods of contactless delivery, giving people another good reason to resort to them.

2. E-learning facilities:

The schools and the colleges could be shut but the education shouldn’t. with this approach, all the educational institutes all over the world are using sources of online education to provide knowledge even in these difficult situations. The sudden boom in the usage of such platforms such as Microsoft teams, Zoom, Google meet, Skype, Moodle, etc. is evident. The companies too resorted to such platforms in other to ensure a smooth workflow thus adding to the business of such platforms.

3. Long term investors:

The world shall return to normalcy that is the thing we all want. Due to the pandemic situations, the economy has adversely been affected leading to a sudden but clear recession type scenario in the market. However big minds are considering this as an opportunity. With many stock prices touching their lowest since the great recession, the investors are investing intelligently in the stocks and bonds with a certain hope that with the world returning back to normalcy so will be the market and the prices. Thus, buying at low prices and selling them at higher in the future, investors definitely know to make the best out of waste.

4. Pharmaceuticals and medicines:

Doctors and medicines are the once that are in demand. With corona up their sleeves, people generally seem to avoid taking any further risks regarding their health. Even by reducing their other luxury spending, most of us seem to make no compromise with our health, especially in such hard times. The only sector of finance with increasing stock prices, the pharma companies are not only gaining profit from COVID related medicines but also from the disinfectants and the immunity-boosting drugs whose sale has reached an all-time high.

5. Freelancers:

Many of the endeavors have been forced to curb down on their expenses and most of them did so by decreasing upon their employees and their wages. Moreover, the world is becoming contactless. Both the above situations are becoming extremely favorable to the freelancers who provide their services via websites such as Fiverr, Upwork,  Freelancer.com. The platforms are easily accessible bot for the freelancers as well as to the organizations who want to hire their services. This provides a great opportunity for the organizations to get their work done by minimizing their expenditure on the employees and on the other hand, it is a great platform for the people who want to earn some quick bucks by trading their skills.