As a comparison, the number of yearly deaths in the US caused by influenza is in the 5 digits. World war 2 killed 3% of the world population over a range of multiple years [2]. If the coronavirus kills only 1% of the current world population, its death toll in absolute numbers will be equal to WW2.
I think at this point, the disease can't be contained, its spread only slowed. Everyone will be exposed to it sooner or later. Fortunately though there are treatments, and there are already candidates for vaccines. The question is only how quickly and how well those treatments can be deployed. The less people have the disease at the same time, the better.
[1]: https://www.populationpyramid.net/united-states-of-america/2...