-We have no cognitive intuition of what a "bad" IFR is
-We anchor to the flu "IFR"
-This creates blindness to (1) spread density (2) non-fatal damage 1/12
-fatalities
-health of survivors
-psychological damage (e.g. health care workers, family)
-economic disruption
Let's start with fatality 2/12
podcasts.apple.com/us/podcast/lon…
It depends!
If you want to predict population deaths, you need to know
-immunity rates
-speed of transmission
-effect of medical care 3/12
We *do* have an intuition for how dangerous the flu is. We've had it. We don't know young people who died from it.
And we all know the estimated flu fatality rate by now: 0.1% 4/12
Under 0.1% is "weaker" than flu.
Over 0.1% is "stronger" than flu.
Since flu is so non-threatening, we think that rate has to be MUCH higher (5x? 10x? 20x?) for COVID to be a problem. 5/12
Unlike the flu, we have no prior immunity to COVID (that we know of). It spreads faster. So the per capita fatalities will be different, even with the *same* IFR! 6/12
Again: The SAME IFR could be about 10x deadlier in the population without interventions. 7/12
-Your entire office can be extremely sick at once
-Your local hospital can be overwhelmed
Not typical from the flu. 8/12
-drive up fatality rates from COVID *and* from non-COVID conditions
-worsen non-fatal outcomes of COVID and non-COVID conditions.
(Depending on effect of medical care.) 9/12
So by focusing on IFR -- and being anchored to the flu number of 0.1% -- we miss the fatal and non-fatal population impact. 10/12
Flu/pneumonia is the 8th-leading cause of death already. Something 12x deadlier would be the leading cause.
11/12
But this thread is about cognitive focus on IFR and anchoring to 0.1% as an intuitive reference. 12/12