5G is Upon Us 📳

5G is Upon Us

On Thursday, Nokia and Google announced they would be teaming up to develop new 5G infrastructure. The two companies plan on combining Google’s A.I. and analytics technologies with Nokia’s 5G expertise and network capabilities to create an ecosystem of services. But what exactly is 5G technology, and why should you care?

To understand what 5G is, it can be helpful to look at the technology that came before it. 1G, the first generation of mobile network technology, allowed us to talk on our phones. 2G, the second generation of mobile network technology, allowed us to send text messages to friends and family. 3G gave our smartphones the necessary network speeds to video chat, and 4G enabled us to use social media, live stream, and browse the internet at speeds almost ten times faster than 3G.

Despite what the internet may have told you, 5G is not the cause of the pandemic. 5G is simply the 5th generation of mobile network technology designed to enable higher performance and improved efficiency, meaning faster speeds and more data capacity for your devices. To put 5G technology in perspective, 5G is expected to be almost 100 times faster than 4G.

5G will change the entire landscape of how we live and the way we interact with each other. From gaming to entertainment, to education, to communication, 5G will change our lives forever. Businesses will especially benefit from 5G network capabilities and lightning-fast speeds as they stay competitive in the digital age.

The possibilities of 5G are endless, and tech companies are working hard to get 5G technology to the mass market.

I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.

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