Serious question: should we let this more infectious but less dangerous run its course to achieve natural immunity? What are the arguments for and against this strategy? I know that if it is 5 times less likely to put people in hospitals but 10 times more transmissible then there will be 2 times more people in hospitals, but are there more arguments?
Yes. We should do that. We won't. Pro: everyone is fine, the hospitals aren't overwhelmed, the anti-vaxxers will be fine along with everyone else. Con: can't speak with disgust and disdain anymore to those who disagree with your medical opinions, or have concerns with how quickly you're forcing your experimental medications on the entire planet. Not going to happen. I've already seen the usual suspects talking about…
Except the people who aren't.
> the hospitals aren't overwhelmed
Except the ones that are.
> forcing your experimental medications on the entire planet
No more experimental than any other vaccine; due to how quickly COVID spread, we were able to do the same level of testing on the vaccine as for any other medication. It's as safe as anything else you take.