I'm seeing many people go "See! Now the model predicts a small # of deaths! We clearly overreacted!"
Wrong
The lesson is "these models are garbage and we can't rely on them in EITHER direction."
Which is: enormous uncertainty about transmissibility, lethality, etc
Some guess that huge %s of the population have already been infected and the virus is less lethal than people think
Great! Hope for the best, prepare for the worst.
But that hasn't been *demonstrated* yet
It could be with widespread antibody testing
Until then, precaution
If you were around in 2007-08, you should be inoculated against relying on complicated predictive models—especially when model error can have massive consequences