Long post on whether we might actually have tens of millions infected already...
A perspective I haven't seen before is in the link below. Not sure I buy it, but the authors claim that we had 10 million cases (~3+% of the population) of symptomatic SARS-CoV-2 as of the week of 3/15, from looking back at CDC influenza tracking data on "Non-Influenza Influenza Like Illnesses," as there was a surge of such reports at that time - and they estimate the symptomatic case detection rate of the coronavirus as being only between 1/100 and 1/1000. I don't claim to understand all of their paper, as it's very math heavy and I wasn't about to try to check their calculations/models. Just thought it was interesting...
https://github.com/jsilve24/ili_surge/blob/master/Silverman_and_Washburne.pdf
If true, this would actually be fantastic, as it would mean we might have 5-10% (or more) of the population right now walking around with antibodies and likely immune, which would allow them to not worry about the virus and would mean any second wave would be deprived of a large number of targets. As per the post above, this is why doing antibody testing of a random, representative population is so important, so we can know what percentage of the general population is actually infected and likely immune (the Diamond Princess did show 19% of passengers with CV2, about half of which were asymptomatic). Or at least test every passenger from the DP for antibodies to get a good first guess of the total actual infection rate in the overall population.
This would also mean that the actual IFR (infection fatality rate) is way lower than the CFR (case fatality rate). In the US, for example, the CFR is 2.7% (8454 deaths per 311,600 positive cases), while if we had, say, 33MM infections by now (10% of the population), the IFR would only be 0.02%.
However, to make a meaningful comparison to something like the flu, we'd need the symptomatic illness fatality ratio, which is what the CDC tracks, which is roughly 35,000 deaths per year out of 35,000,000 symptomatic illnesses, which is where the 0.1% "fatality rate" we often see comes from. The CDC doesn't actually track and test all of these illnesses, obviously - they use models, which typically extrapolate from hospitalization rates.
https://www.cdc.gov/flu/about/burden/index.html
Getting back to COVID-19, we know the number of people with actual symptoms is far, far less than 33MM and a decent guess of how many have symptoms is probably the number of tests we've run, so far, since most areas are only testing symptomatic people (1.65MM tested so far). So 8454 deaths/1.65MM symptomatic cases (0.5% of the US population) would be 0.5%, which is about 5X the death rate for the flu. Most projections right now are guesstimating 70-200K deaths (mine has been ~85K) from the coronavirus, assuming fairly aggressive social distancing is maintained and 5X the flu death rate would be 175K deaths, which is in that range, so it's possible this theory isn't crazy.
On the flip side, the reason i'm skeptical is that, so far, the Telluride antibody test program, where they're testing the entire 8000 person county for free, is only showing 1% of the population with antibodies after testing 1000 people, although another 2% had indeterminate results and could be positive. Even at 1%, though, that's still a lot more than the positive case percentage in the US of 0.5% (and Colorado's 0.1% positive cases per capita), but 1% is also a far cry from 10% of the US infected.
https://www.cpr.org/2020/04/02/tell...e-positive-results-but-also-more-uncertainty/
Another issue I have with having so many infections in March, is why didn't we see a lot more infections and deaths in Feb or even Jan, since they can't all come at once in March into April? And then I thought maybe it's possible that we had 5K infected by the end of January and 50K infected by the end of February (with maybe a few hundred deaths in Jan/Feb being erroneously ascribed to flu, as we know we had COVID cases back then, looking back at samples and people with symptoms that weren't recognized as COVID) and we now have millions infected today, actually, (not the 311K positive cases). Maybe this is all crazy, I don't know. Having a hard time reconciling so much conflicting data, probably because we're simply missing so much data, which is not unusual in the first few months of a pandemic.