In the UK i think that we initially panicked (spelling? CBA Googling it), due to bad modelling from Imperial College, Neil Ferguson.
Now that we have data from the field, still ongoing of course so no final summary, we can see that his predictions were wildly inaccurate, as we now know they gave different results on the same data-set during multiple runs, this even after the Microsoft 'experts' stepped in to clean up the code. Additionally, he was the one who, during the UK swine flu epidemic, said that between 50 and 5,000 people would die, rather a wide range, a bit like his COVID19 software.
Now we also have reports of many doctors being forced by hospital admin to include COVID19 as one of the death diagnostics on the list, even when unproven.
So, at the very least, the initial predictions in the UK were more than untrustworthy, and that very modelling was translated into legislation/protocol and now we're possibly facing a huge economic impact due to actions based on flawed modelling.
Neil Ferguson needs to be punished :
https://www.telegraph.co.uk/technology/2020/05/16/neil-fergusons-imperial-model-could-devastating-software-mistake/