I'm 64yo. Let's assume we were born in 1899 as my grandfather was.
Horses were the means if transport or push bike. No phones. As a teenager the Spanish flu was the pandemic of the times. Then ww1 rocked the world. A full war meant everyone was active in the effort not like some modern wars now where airplanes are in bombing missions (ISIS).
So we lose hundreds of thousands men out of a low 7 million or so. The war ends and cars more popular but only for the rich. You dream if that white picket fence life because having kids in your early 20's is the norm, well before your child bearing years dry up. But alas, the Great depression comes in 1930. Nearly everyone starves. No work, queue for food tickets. Just as this ends ww2 begins.
If you were lucky missing out on being drafted then your sons or nephews were not and they sailed away to confront the brutal Japanese. Places like Papua or Burma gave you Malaria or Berri Berri.
Finally you're 46yo and the war ends. A window of prosperity begins only to be followed by the Korean war and the Vietnam war.
This demonstrates how life was, not just in my grandparents period, the 20th century but even harder before then. Now, if you were born say around 1990 like my daughter's the greatest challenges they've faced is this latest pandemic. 9/11 was tragic as were other world events but none of those events prevented being fed or changed our lifestyle.
The modern way of life is to have children in your late 30's or rely on technology to help you in your forties. The result is raising teenagers in your 50's all for fulfilling dreams of travel in your 20's the reverse of how it was, to travel in older age. This changed the whole "white picket fence" ideal.
So yes Vivid has brought to us a changed life with far reaching impact but it's impact is vast because, in comparison to any other era in history....we've never had it so good. Today while in lockdown in Melbourne people can talk to lived one's as far as the other side of the world, get income from the Govt, watch movies, play games and commonly- eat what they like.
I don't know if I've answered your question or not. What I do know is we should get this pandemic into perspective - that such world changes are actually normal. Also, we can achieve the lifestyle of the "white picket fence" if we make choices early and not mimic what others do. Set your goals and work hard to achieve them once Vivid is history and the economy bounces back which will happen.