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What Happens if China Wins the 5G Battle against the USA(America vs China)
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The China Academy of Information and Communications Technology (CAICT), a government-run research institute, estimates that 5G will create more than 8 million jobs domestically by 2030. The agency thinks major industries, including energy and health care, will spend billions of dollars collectively on 5G equipment and wireless service during that period.
5G will permit the connection and interaction of billions of devices worldwide, will transform the daily lives of millions as well as local and national economies, and will sketch the future of the digital economy. Whichever country wins this race will enjoy lasting advantages in multiple areas. China already enjoys a wide lead in 5G over the United States, on account of its dominant telecom company, Huawei Technologies Co., a symbol both of Chinese advanced accomplishments and its national priorities.
5G is a game-changing technological platform, allowing wireless communication at much faster, less interrupted, and less power-demanding rates. Initial 5G speeds have been predicted to reach 1.4 gigabits per second, roughly 20 times faster than current 4G networks; they are expected to reach 100 times the speed of 4G. 5G will soon become a distinctive and distinguishing feature of technologically advanced, economically competitive countries.
A 5G platform will permit the Internet of Things (IoT) to evolve into the next great technological, industrial, and economic frontier. The value potential for IoT has been estimated at $3.9-$11.1 trillion per year by 2025, or nearly 11 percent of the global economy. 5G will permit IoT to help machines to interact in unprecedented ways, enable the collection and analysis of data at a scale never approached, and promote the creation of the next generations of self-driving cars.
The great challenge in installing a 5G network is that it is exceptionally expensive. Large-scale installation of last-mile fiber-optic cable is required and costly. A high 5G (above 6 gigahertz) spectrum network, where the real advantages lie, demands a completely different infrastructure from 4G networks and a much more dense network of transmitters., 15 to 20 5G transmitters would be required per square kilometer in high-density sites, compared to only 2 to 5 for a 4G network. Thus, the total cost of ownership of a high 5G network is estimated at four to six times higher than the current costs of a 4G network. How will telecom companies recoup these huge investments? Will they simply pass the costs on to consumers, who will quickly divide into those that can afford 5G and those that cannot?
5G networks will likely become a differentiator between wealthy urban centers, which will obtain 5G quickly, and other less developed and more rural locales, which will not. 5G will certainly become a key feature for cities to recruit and maintain its tech communities, attract new businesses, and woo new residents. 5G may rapidly create digitally preferred districts, to which those seeking 5G for work or entertainment will gravitate. Urban development will likely be affected by the location and intensity of this technological platform, a platform governmental authorities may not control.
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