50% of US consumers will have access to 5G in as little as five years, according to a recent report by Ericsson, a leading telecommunications company. A recent ABI Research study showed that 5G tech would likely decrease production times of emerging technologies 10 times more than 4G connections. Many experts in the industry see 5G connectivity as a critical component in the mass adoption of AR and VR technology.

Faster internet speeds, increased traffic, and seamless tech integration are just a few business benefits. The internet of things, which refers to all the machines and devices linked through the internet, and its enormous growth is likely imminent as 5G comes online. There are expected to be 125 billion devices linked by 2030, up from 11 billion last year, according analysts at DBS Group Research.

Office work will get a lot smarter. Advances in AI and machine learning made possible by 5G networks will mean fewer white collar workers will be engaged in repetitive tasks, even cognitive ones such as accounting and data processing. In most cases, smart machines won’t take over entire jobs but will instead perform tasks that are key parts of jobs. 

The factory of the future will also rely on 5G to enable augmented reality, autonomous mobility, sensor networks and machine learning. The result will be “extreme automation” and dramatic advances in productivity.

(Source: mondo.com/blog-5g-tech)

(Source: bloomberg.com/news/articles)

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