Even before the COVD-19 pandemic forced us to live much of our lives “online,” the emergence of 5G technology was shaping up as one of the most critical waves of innovation that we have seen in our lifetimes. With all the excitement about the potential for 5G was the worry that America would lose the race for global 5G leadership to China. Fortunately, new developments from America’s most innovative companies shows that we are ready to compete (and win) on our terms — innovation.
5G — the 5th generation of wireless networking standards — will revolutionize our technological capabilities. With Internet speeds 100 faster and more reliable than anything we have ever seen, 5G will make critical technologies like self-driving cars, drones, smart homes, smart cities, online learning and telemedicine a reality.
The last few weeks have demonstrated how critical fast and reliable connectivity is to our lives. Most Americans have been able to remotely do their jobs, visit their relatives, continue their studies and consult with their doctors. In a 5G world, the ability to do these things — and more — will be even greater. This will improve our lives and lead to millions of new jobs and trillions in wealth creation.
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