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Re:Tech can't remember what to do in a down market by bedhead on Wednesday February 26, 2020 @10:04AM (#22423515)
Folks, it's the flu. We don't have a cure for the flu either. You catch it, you feel awful, your immune system fights it, after a few days the virus runs its course, and then you're fine again. The people who are die from the flu are some combination of old and already infirmed. Same as coronavirus. And every year something like 10-15k people die from the flu but we manage to keep our cool. The disconnect here is really wide. I'm not worried about the coronavirus, I'm worried about all the alarmism and the overreaction it might cause.
Re:Tech can't remember what to do in a down market by samvher on Wednesday February 26, 2020 @10:10AM (#22423576)
18% of cases end up serious or critical. Out of cases with an outcome, for 8% the outcome is death. [1] It's not just the flue. I agree that there should be no overreaction and that that part might be more worrying but it's pretty serious.

[1] https://www.worldometers.info/coronavirus/

Re:Tech can't remember what to do in a down market by learc83 on Wednesday February 26, 2020 @10:19AM (#22423668)
18% of cases, where the infected person both sought treatment and was actually tested. It is very likely that there are far more asymptomatic and mildly symptomatic people out there.

The 18% number is mostly useless because it's a textbook example of selection bias.

Re:Tech can't remember what to do in a down market by JumpCrisscross on Wednesday February 26, 2020 @10:23AM (#22423719)
> where the infected person both sought treatment and was successfully tested

Isn't the same bias present in ILI (influenza-like illness) statistics?

Re:Tech can't remember what to do in a down market by learc83 on Wednesday February 26, 2020 @10:26AM (#22423753)
We've had time to do large population studies and build models to somewhat correct for this. Most of the death rates you're seeing throw around for COVID-19 are just naive number_dead / confirmed cases.
Re:Tech can't remember what to do in a down market by samvher on Wednesday February 26, 2020 @01:14PM (#22425610)
Fair point, but WHO don't really seem to think that's the case. Dr Bruce Aylward (team lead of the WHO mission) noted that based on the large amount of disease screening that’s been done in China so far, there does not seem to be a huge number of mild cases that are going undetected. [1]

[1] https://arstechnica.com/science/2020/02/coronavirus-spread-i...

Re:Tech can't remember what to do in a down market by learc83 on Wednesday February 26, 2020 @01:26PM (#22425707)
If you read more on that. After he said that someone else from the WHO immediately contradicted him.

"The claim was quickly challenged by an infectious diseases expert who serves on a committee that advises the WHO’s health emergencies program.

Gary Kobinger, director of the Infectious Disease Research Center at Laval University in Quebec, said it would be highly unusual for there not to be mild or symptom-free cases that are being missed. He pointed to the fact that outbreaks have popped up in countries far from China — including Iran and Italy — because people with mild infections were not detected and traveled to other places.

'There are mild cases that are undetected. This is why it’s spreading. Otherwise it would not be spreading because we would know where those cases are and they would be contained and that would be the end of it,' said Kobinger, who insisted that mild, undetected infections cannot be ruled out until people who haven’t been diagnosed with the illness can be tested for antibodies to the virus.

'As long as we do not have good serology data, I think that it is completely speculative to say that there are no undetected cases,' Kobinger said."

What Dr. Aylward says makes no sense and reads more like a PR fluff piece designed to praise China to keep them happy, and as Kobinger points out he's probably wrong. From the same press conference he says this "If I had COVID-19, I’d want to be treated in China."

Which is obviously bullshit.

Re:Tech can't remember what to do in a down market by safog on Wednesday February 26, 2020 @10:29AM (#22423804)
There's several issues here though:

1. For most people symptoms are so minor that they don't go to the hospital at all and don't get counted in the reporting stats. This means that the 18% number is higher than reality. How much higher we don't know.

2. The disease disproportionately affects older people: If you're between 0-50 your chances of dying are ~0.2%. From what I can tell these mortality odds are better than if you have the regular flu.

https://www.worldometers.info/coronavirus/coronavirus-age-se...

Re:Tech can't remember what to do in a down market by bedhead on Wednesday February 26, 2020 @10:12AM (#22423592)
Agree it it serious just as the flu is serious. We don't need to create a panic and literally bring the global economy to a halt is my point. Just reading the responses I sometimes think people are cheering for pandemic.
Re:Tech can't remember what to do in a down market by karatestomp on Wednesday February 26, 2020 @10:25AM (#22423743)
There's gotta be some long German word for the state of not wishing bad things will happen, but kinda being glad when anything happens.
Re:Tech can't remember what to do in a down market by SuoDuanDao on Wednesday February 26, 2020 @11:40AM (#22424581)
I've not come across one, but 'Apokalyptenlust' is grammatically correct and describes the sentiment I think you're referring to.
Re:Tech can't remember what to do in a down market by MichaelApproved on Wednesday February 26, 2020 @10:21AM (#22423690)
You two are not in agreement. This isn’t just as serious as the flu, it’s more serious.

More deadly and more easily transmitted.

Also, people of all ages are dying.

Re:Tech can't remember what to do in a down market by icedchai on Wednesday February 26, 2020 @10:32AM (#22423841)
The death rates among people over 50 are much higher. See https://www.worldometers.info/coronavirus/coronavirus-age-se...

If you're over 50, male, have a weakened immune system, and live in a location with high population density, there may be reason to be concerned.

Re:Tech can't remember what to do in a down market by sp332 on Wednesday February 26, 2020 @10:39AM (#22423907)
And we have flu vaccines.
Re:Tech can't remember what to do in a down market by usaar333 on Wednesday February 26, 2020 @10:07AM (#22423545)
It's basically a version of flu that happens to be both 20x as deadly and more transmittable!
Re:Tech can't remember what to do in a down market by learc83 on Wednesday February 26, 2020 @10:23AM (#22423725)
We have no idea if it's 20x as deadly as the flu because we have no idea how many asymptomatic and mildly symptomatic cases are out there where no one sought treatment. The mortality numbers are an extreme case of selection bias.

We also have no idea if it's more transmissible than seasonal flu -- https://sph.umich.edu/pursuit/2020posts/how-scientists-quant...

Re:Tech can't remember what to do in a down market by rossdavidh on Wednesday February 26, 2020 @11:25AM (#22424403)
"We are not certain" is not equal to "we have no idea". It has killed a lot more people in China than a normal flu, which often also starts in China. It has killed more people than either H1N1 or SARS did at this point in their first year. That doesn't mean it's the apocalypse, but it's not quite "we have no idea". We have some idea. It's a bad one, at least.

Also, "the flu" covers a lot of ground, mortality-wise, as the history of 1918-1919 should remind us. Even in nations like Spain that were not in WW1, the flu of that season was a major deal, and if coronavirus turns out to be that bad (still an open question), it would be really, really bad.

Re:Tech can't remember what to do in a down market by learc83 on Wednesday February 26, 2020 @11:52AM (#22424748)
>It has killed a lot more people in China than a normal flu

No it hasn't. I can't find good numbers for China, but 80,000 died of the flu in the US in 2018 and china's population is about 4x higher.

>SARS

That's meaningless, SARS was contained without spreading to nearly as many people. It tells us nothing about the mortality rate, or the severity.

>We have some idea. It's a bad one, at least.

What I said was we have no idea if it's 20x as deadly. It's likely not 20x as deadly.

Re:Tech can't remember what to do in a down market by gnulinux on Wednesday February 26, 2020 @11:59AM (#22424821)
> It's likely not 20x as deadly.

How can you make this statement? A lot of papers claim mortality (accounted for asymptomatic patients) to be around 5% (100x worse than flu) and 1% (20x worse than flu). What evidence do you have that these papers don't?

Re:Tech can't remember what to do in a down market by learc83 on Wednesday February 26, 2020 @12:25PM (#22425088)
Show me these papers that accounted for asymptomatic patients.

https://smw.ch/article/doi/smw.2020.20203

"The resulting number, however, does not represent the true case fatality rate and might be off by orders of magnitude. "

"The true number of exposed cases affected in Wuhan may be vastly underestimated. With a focus on thousands of serious cases, mild or asymptomatic courses that possibly account for the bulk of the 2019-nCoV infections might remain largely unrecognized, in particular during the influenza season.

Under-detection of mild or asymptomatic cases may be further fueled after further growth of the outbreak, as healthcare-facilities and testing capacities in Wuhan have reached their limits."

Re:Tech can't remember what to do in a down market by usaar333 on Wednesday February 26, 2020 @12:46PM (#22425307)
Just look at Diamond Princess. 4 deaths out of 700 infected after testing everyone with many still not recovered. That's way deadlier than a regular flu.

Are you also aware that seasonal flu doesn't completely take out medical systems? (see Wuhan)

Re:Tech can't remember what to do in a down market by learc83 on Wednesday February 26, 2020 @12:54PM (#22425400)
1. 4/700 is less than half the 1% lower end number that people are freaking about about when they say 20x more deadly than the flu.

2. All 4 people who died were in their 80s. Cruise ships skew much older than the general population, so there is limited information to learn from this.

3. If every single person who had cold or flu symptoms panicked and went to the ER, it most certainly would overwhelm medical systems.

4. I never said this wasn't worse than the flu, just that it seems likely that it's not 20x as deadly.

Re:Tech can't remember what to do in a down market by gnulinux on Thursday February 27, 2020 @11:24AM (#22434625)
Not saying you're wrong but

1. 4/700 is only the initial figure. Likely more people will die from cruise ship, COVID-19 takes about 2 weeks to develop severe pneumonia.

2. Since these patients are now not categorized as Diamond Princess, instead they're categorized under their countries' stats, likely we will never hear from them again in such an isolated fashion.

Re:Tech can't remember what to do in a down market by learc83 on Thursday February 27, 2020 @12:37PM (#22435562)
1. Yes it's the figure as of right now. There have been hundreds of people sick for over 2 weeks, and hundreds more who are coming up on the 2 week mark. There may very well be more deaths or there may not be. But my point is that the Diamond princess isn't currently good supporting evidence for a 1% mortality rate in the general population.

2. I'm sure all of their names are out there, and someone will eventually put together a study once it's been long enough to know their outcomes.

Re:Tech can't remember what to do in a down market by estro on Wednesday February 26, 2020 @10:09AM (#22423571)
A flu with 20x reported mortality rate caused by a virus with a significantly higher infectivity than influenza virus is something you should be worried about.

Note: data is from current cases, may vary as more data is accumulated.

Re:Tech can't remember what to do in a down market by ashleyn on Wednesday February 26, 2020 @10:06AM (#22423539)
Apple reported supply chain disruptions. If the government overreacts to a virus and disrupts supply chains over it, that's still a material impact on the market independent of the actual severity of the virus.
Re:Tech can't remember what to do in a down market by vsareto on Wednesday February 26, 2020 @10:10AM (#22423578)
You're ignoring the long incubation + contagious + lack of symptoms period.
Re:Tech can't remember what to do in a down market by ceejayoz on Wednesday February 26, 2020 @10:29AM (#22423805)