I guess it depends what your thoughts on what the definition of a pandemic is. The definition off the web is
A pandemic is defined as “an epidemic occurring worldwide, or over a very wide area, crossing international boundaries and usually affecting a large number of people”. The classical definition includes nothing about population immunity, virology or disease severity.
So by definition, the current outbreak would be classified as a pandemic. As to the eventual outcome and severity, I can not say.
You opinion and definition about covid will only depend on how you think and look at on things. For me, covid is something we cannot control and we should take care of our health and our family health both physical and mental.