The Whole Truth About 5G Technology: Perspectives, Myths and Global Influence

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5G technology will bring $ 2.2 trillion to the global economy over the next 15 years

The Whole Truth About 5G Technology: Perspectives, Myths, and Global Impact.
The phrase "the modern Internet is out of date" may seem a little strange, since for some, the network still acts as something of a symbol of progress and new technologies. In fact, just a few years ago, network loads were completely different - without tons of videos, messages, and giant online worlds. Not only the amount of information has changed, but also the number of users - and all this requires updating the system.

New standards of telecommunication technologies should adapt the capabilities of the network to the current needs - now the fifth generation of mobile networks falls under them. It is to the new fifth generation that 5G technology belongs, which can make the Internet more accessible, faster and more reliable.

With the current 4G, your favorite movie will be transferred to your smartphone in 10 minutes, but with 5G it will take a few seconds. At the same time, 5G requires less power consumption, which makes the technology temptingly economical.

5G Inquisition

Unfortunately, so far, the fate of 5G is vaguely similar to many revolutionary technological innovations. Society is still seething with primal fears and often perceives an incomprehensible innovation in the best traditions of the Middle Ages - blaming it for all sins and throwing it into the fire. All over the world, completely insane theories about the dangers of 5G are spread on social networks, they even tried to make the technology the cause of the coronavirus pandemic.

Rumors of 5G's health risks have even won the "worst fake news" award in 2020. Especially for fans of conspiracy theory, the International Commission on Non-Ionizing Radiation Protection (ICNIRP) has provided a report on the study of the impact of mobile networks on humans, according to which 5G cannot cause disease.

But 5G could bring about other changes - among them business development, a technological revolution and multimillion dollar income in the treasury. According to a study by Business Insider, by the end of the year, 5G will be in 18 countries of the world, and over the next 15 years, the technology will bring the global economy $ 2.2 trillion.

Needless to say about convenience - 5G is not only much faster than its predecessor, but also capable of serving up to 1 million devices, while 4G will be able to connect a maximum of 400 people. Ensuring global use of 5G is a national priority for many countries, as the most successful nation in this difficult endeavor is expected to gain decades of competitive advantage.

Business revolution

5G can indeed become a powerful driver of development for many sectors of the economy. First of all, ultra-high-speed data transfer and a large number of connections are promising for robotics and digitalization of the industry. The technology is also already being implemented to create communication networks on the roads with the further development of autonomous transport - unmanned vehicles.

The Whole Truth About 5G Technology: Perspectives, Myths, and Global Impact.

AR / VR directions will also receive a new impetus, providing the ability to create and operate virtual and augmented realities. This will raise not only the entertainment industry to a new level, but also create new opportunities for education and medicine. With 5G, virtual learning and telemedicine will gain the missing volume.

5G will also be able to meet the needs of the fintech and e-commerce industries through the introduction of next-generation digital financial services. Companies like Uber, Alibaba, WeChat and Amazon are already using artificial intelligence, blockchain systems, IoT and instant payments. With the help of 5G, these areas will become dominant in the market.

According to 5G Americas, 5G network infrastructure will create 22 million jobs worldwide by 2035. Every year, more and more industries are somehow integrated with IT, some ten years ago it would have been difficult to imagine paying bills from a smartphone or a video conference for 100 people in the style of old Skype. Also with 5G - the prospects for the technology are so great that it is likely that in ten years it will be difficult to believe in a world where the Internet speed does not exceed 1 Gbps.
 
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