That is the topic of my latest Bloomberg column, here is one excerpt:
Scientific information about the coronavirus has spread around the world remarkably quickly, mostly because of the internet. The virus has been identified, sequenced, and tracked online, and researchers around the world are working on possible fixes. The possibility that the failed ebola drug remdesivir may help protect against the virus is now well known and the drug is being deployed. The notion of using an HIV cocktail plus some anti-flu drugs against the coronavirus also has been publicized online. The final word on those potential fixes is not yet in, but the internet accelerates the spread of knowledge, along with its application.
Researchers from India prematurely published a claim that the coronavirus resembles in some critical ways the HIV virus, and their presentation hinted at the possibility something sinister was going on. The online scientific community leapt into action, however, and very quickly the theory was struck down and a retraction came almost immediately. I saw this whole process unfold on my Twitter feed in less than a day.
There is much more at the link, including a discussion of two possible downsides, first panic buying and second too much state-led “digital quarantine” of individuals. In addition, I wish to thank @pmarca and also Balaji Srinivasan for some ideas relevant to this column.