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by alexandercrohde·6y ago·view on hn ↗
The point is that the mortality rate estimates are going to be totally out of whack without accurate measurements. As well as estimates of the currently infected.

This matters a lot. The first number is obviously important. The second matters so Italy can plan for whether things have peaked yet, or how many weeks out until it does.

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The mortality does matter a lot if we plan to let everyone become exposed. However, if we do that, we must expect 15% of the people that are currently having enough symptoms to be diagnosed in Italy to perish. Even if only 20% of the infected are diagnosed there now, that is up 14 million people in Italy (if everyone gets it), out of which 2-3 million would die.

Or, if applied to the US, 10 million.

Alternatively, we can shut down the virus in the same manners that China, South Korea or Singapore have been doing, and keep it supressed until we develop efficient treatment.

Unfortunately, that means shutting down all affected regions really hard, and maintain a high level of supression for maybe 2 years.

However, if we are going to do so anyway, both the human and economic costs will be lower the earlier we begin.

If we allow exponential growth to continue with a doubling time of only a few days (even if we can move it from 2-3 days to 6 days), the time until this move is forced is very limited.