For the two positions, please consider The Great Barrington Declaration and The John Snow Memorandum as the definitive statements of each position (with JSM representing the status quo).
If you were going to be randomly souled into one human body from all those bodies alive today, which policy would you prefer?
Feel free to bring in as many considerations as you like, but answers without any statistics are suspect because the question depends on IFR, infectivity and herd immunity. If the IFR were .5, advocating GBD would be silly, if IFR were .005 advocating JSM would be silly. But other considerations are great to include!