I'm very fortunate to have a good paying day job. My weekend and summer sound gigs are gone for the coming year. I have a lot of friends that made their living playing in cover and tribute bands, and I know many of them are probably not making their rent payments as we speak. Those that did a good job with taxes & records are collecting unemployment, which is available to gig workers for the first time, but it's not going to last. I fear the industry will never really be the same.
I have 2 portable systems, and will likely be selling the larger PA next summer when things start to come back. I had a weekly club gig every Sunday night with a house band. I doubt that will come back, as the club won't be able to pay the same rate. So now everyone is trying to learn live web performances. I've had a lot of musicians asking me for help with this, so I just started looking in to it. I watched a video on JamKazam yesterday, so we'll see where that leads.