GDC 2020 "Postponed"

The Game Developers Conference (GDC) is one of the largest and longest-running events targeted at video game developers.

Owing to concerns regarding the coronavirus, the past few weeks has seen a number of high-profile cancellations from the likes of: Sony, Facebook, Microsoft, Amazon, Epic Games, Unity, Activision/Blizzard, and more. Yesterday, GDC themselves opted to postpone it in favor of an event "later in the summer".

The company I work for had planned to send a fairly large contingent including speakers, booth participation, and regular attendees. Now flights, hotels, off-site meetings, and other preparations are being canceled. Last night during dinner it came up and sparked a number of conversations:

• Necessity
  • The coronavirus threat is over-blown, perpetuated by the media, or a hoax and it's fine to attend (around 1/3 of 20 people)
  • There is a real threat; either directly from the virus, or something indirect like the risk of quarantine, etc. (around 1/2 of 20)
  • Indifference, glad to not have to travel to U.S., or just waiting for dessert (the rest of people)
• Impact Conspiracies
  • The upcoming PS5 and Xbox Series X consoles will be delayed
  • Companies will question the necessity/relevance of events like GDC and may not attend next year

How are other people's tech/dev/IT companies reacting, taking precautions, or simply doing nothing?