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A study from the Columbia University estimate 86% of cases are asymptomatic, but they are driving two thirds of the new infections.

I think the emerging consensus is that the concern is not exactly "how lethal this is to me" but "how lethal this is to the healthcare system". Nowadays, we have 35 times more people over 60 and 65 times more people over 80 compared to the Spanish Flu, but ICU beds tend to operate at optimal capacities in most places and would be filled already by a flu season that is worse than average.