5G, the lightning-fast wireless technology network, is changing the way we communicate through our ever-expanding web of connected devices. While 5G’s speed gets a lot of attention for how much faster we can surf the web on our phones and tech wearables, it’s poised to really change how the world of work operates.
Virtually all industries will feel the effects of 5G’s speed. But sectors like tech are sure to benefit in ways that others may not—at least not yet. Let’s take a look at what we know and can expect from 5G’s growth, and what that means for the world of work.
Before we talk about how 5G will revolutionize the world of work, let’s make sure we’re on the same page about what 5G is. 5G is a mobile broadband network that is steadily replacing and enhancing 4G LTE connectivity. From urban centers to more rural environments, 5G has begun to replace aging 4G LTE technology, delivering near-instantaneous data transmission and communication both in the United States and overseas.
This means that 5G offers:
While 5G’s speed is the selling point, it’s how broadly its speed is applied to a number of industries that makes it a game-changer in terms of how global business is conducted. Because so many businesses are increasingly reliant on fast internet connectivity, 5G means that those who may not have access to more reliable internet connectivity stand to benefit greatly.
5G can expand economic opportunity to those in areas where more traditional, reliable internet connectivity does not exist. Greater connectivity via 5G also gives established companies the chance to move outside technology hubs like the Bay Area and New York, saving tens of thousands per year on expensive overhead like rent and employee salaries needed to pay workers to live in these and other costly cities.
But tech companies are far from the only businesses that can benefit. Industry-leading companies across virtually all sectors can now confidently tap into talent pools that are spread out across the country.
For example, a startup based in San Francisco likely has a more limited budget than an established business in the same space. They need to fill two key positions to grow their footprint. It will cost them more to hire two workers inside the city due to the cost of living. However, 5G enables them to hire equally qualified talent in rural Colorado where the cost of living is significantly less than in San Francisco.
The company and the two employees in rural Colorado win here. But so does the rural Colorado town. Rural areas often have sizeable low-income populations due to a lack of employment opportunities that usually exist in urban or suburban areas.
In short, 5G will become an essential element in expanding employment opportunities across the United States—and the world.
Whether you’re in New York, California, or rural Colorado, 5G has the potential to revolutionize how you earn your paycheck and touch the lives of others. Make sure your devices are ready for the 5G revolution and turn to DOHA for every device you need to take advantage of the new generation of connectivity.