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When it comes to speed, 5G will offer speeds that far exceed those of 4G.
Currently, 4G currently offers download speeds of 100Mbps, about five times the
speed of 3G. But 5G will offer speeds up to 100Gbps or faster.
However, 5G isn’t just about speed. It’s about pervasiveness, capacity, durability,
dimensionality, intelligent machines, privacy, security, trust, ethics, tons of new
standards, and finding new ways to transform our own human experience.
With this brief introduction, I will take you on a journey through an industry-by-
industry brainstorming session to better illustrate how this seemingly minor
advancement will likely blindside everyone in business, and more specifically,
those in key leadership roles.
To be sure, some of the things on the following list are already being
experimented with or happening on a limited scale, but the coming decade will
see 5G unfold in ways hard to imagine. Here are 88 examples designed to tease
your imagination:
5G will improve healthcare more in the next 10 years than all the advances in the past 100 years
Future of Healthcare
For sick people in rural areas, with doctors located many miles away, traveling
long distances to find a doctor can be rough. This will change as virtual
healthcare becomes more common. With remote in-home examining systems,
doctors are only are only a Skype or Zoom call away. They will even be able to
monitor analytics, write prescriptions, and manage patient responses when
needed.
17. Virtual doctors will become far more affordable and engage-able around
the world
18. Blockchain patient records with necessary privacy encryption will enable
transmission of huge data files in seconds
19. Emergency surgeries, overseen by doctors but performed by non-doctors,
will become common around the world
20. Interactive virtual training for doctors and nurses will be conducted around
the world
21. Full-body health scans will give rise to real-time holographic monitoring of
surgeries, heart-scans, liver-scans, digestive system-scans, and more
22. Nano-scanning to the molecular level will soon be possible
23. Language translation services will enable doctors and nurses to work with
patients who don’t speak the same language
24. Wearable AI-based health monitors will become common, and far more
sophisticated over time
Future of Dating
Forming new human relationships has always been challenging, especially when
people find themselves surrounded by unfamiliar people in unfamiliar
surroundings.
25. Single people will have the opportunity to monitor a compatibility app to
discover those nearby who share similar interests
26. Jewelry such as rings and bracelets will use glowing colors to signal types
and ranges of compatibility
27. AR glasses will offer the wearer a visual preview and detailed background
to set the stage for any future encounter
28. Since language has been a huge barrier, sophisticated new translation
systems will enable people to cross cultural and language barriers with
ease
29. Point and call smartphones will enable people to place a call to anyone
currently visible to them
30. Automated appearance evaluation systems will allow you to scan yourself
before you go out on the town, rate your overall appearance, and make
recommendations to increase your score
31. Companies will offer driverless speed-dating cars for quick 5-minute get-
to-know-you rides across town
32. New forms of virtual dating that employ a variety of teledildonic devices
will take tech romances to a whole new level
Future of Insurance
Insurance is the fine art of mitigating damage to a perceived risk. While emerging
technology will reduce risk in certain areas, it will also increase risk in others. At
the heart of every insurance policy is a customer making a calculated decision to
hedge his or her bets against the probability of disaster. 5G will offer companies
the ability to automate probability curves in real time, significantly reducing
transaction costs, and opening the door for micro policies that have never been
profitable in the past.
33. Automation will enable the creation and monitoring of micro warranties
and micro policies in thousands of niche areas previously deemed
unprofitable
34. Situational risk assessment systems will be monitored in real-time
35. Automated holographic full-body scan security systems will replace
“showing an ID”
36. Rapid-response drone scanning of households, vehicles, and businesses
will take place following every claim
37. Specially designed drones will conduct client interviews, analyze damage,
and issue payment within minutes of someone filing a claim
38. Increased use of blockchain will enable companies to better assess
personal ownership networks and changing valuations in real time
39. A number of new robot insurance policies will be designed to cover the
multi-dimensionality of robot uses
40. Life-mapping as a process will be used for uncovering a person’s risk
patterns
In the future, the speed of transportation will be closely tied to the speed of data
Future of Education
Education continues to be the largest opportunity in the online world where no
one has quite cracked the code. By 2030, the largest company on the Internet
will be an education-based company that we haven’t heard of yet.
49. Virtual apprenticeships for job positions that employ the use of rare or
expensive equipment
50. Situational testing where candidates are examined during their normal
daily routine as they face real life challenges
51. Virtual sensory reducers will help students manage their distractions
52. Brain stimulators will become commonplace to momentarily amp up a
person’s cranial inputs
53. Virtual involvement training apps will offer a new kind of learning
experience
54. Gamified micro-credit systems will give people additional credits for the
way they handle specific situations
55. New micro-learning processes will be gamified with rewards to help those
in need of job-ready skills
56. Sensory enhancement helmets will make you the protagonist of your own
heroes journey
Future of Retail
Most of our current retail is in the process of transitioning to experience-based
engagements. Naturally, consumers are in control. They decide what to buy,
where to buy, when to buy, and how much they’re willing to pay. In a super
connected world, where information is fluid and transparent, retailers will become
actively engaged in the global conversation. If not, their customers will begin the
conversations without them. Physical stores are not going away any time soon,
but the value they add to their communities and the variety of products they offer
will remain in transition for the foreseeable future.
57. Click-and-buy selling on-the-street will employ the use of live models to
draw attention to products, encouraging consumers to simply scan-click-
and-buy
58. Drone docking – drones delivery to driverless cars while still in transit
59. Drone docking – drone package delivery for homes
60. AR visual purchase history of every customer as they walk in
61. Physical signage will be replaced with holographic projected signage
62. Growing market for digital objects that customers will use for display
purposes such as virtual statues, room decorations, and table ornaments
63. Growing market for legacy portfolios comprised of videos, holograms,
images, podcasts, and more
64. Well-choreographed holographic buying events such as auctions,
countdown sales, flash sales, and more
Entertainment is about to become even more nerdy
Future of Entertainment
Life can only be understood backwards, but it must be lived forward. Somewhere
in that phrase is the human need for entertainment. Every thought we think is
creating our future, but we won’t be able to understand it until it’s over. So go out
and do something impressive today that your future self will thank you for later.
Will we run out of work for the world? Of course not. Nothing is more
preposterous than to somehow proclaim the human race no longer has any work
to do. But having paid jobs to coincide with the work that needs to be done, and
developing the skills necessary for workers to perform this future work is another
matter. That said, 5G will be a significant driver in the area of new job creation.
Final Thoughts
In much the same way that the 1985 Apple LaserWriter gave birth to desktop
publishing, and the 2010 MakerBot’s Thing-O-Matic 3D printer gave birth to
desktop manufacturing, a world filled with 5G will give birth to hundreds of
thousands of new products, systems, and desktop industries.
Next-gen precision farm equipment coupled with crop sensors will mean farmers
getting instant updates on how their fields are doing, allowing them or even their
autonomous equipment to respond when problems first appear, and faster than
ever before.
When they add drones to their toolbox, any situation suddenly has it’s own rapid
response team and crops can be watered when needed and animals fed on time,
while the farmer works more like a conductor conducting an orchestra than a
grease money buried up to his or her elbows trying to fix a problem.
But farmers are not alone. 5G will add new tools to the toolbox for every doctor,
lawyer, teacher, nurse, designer, engineer, dentist, CEO, and business owner.
Every combination of sensors, robots, automated equipment, and unique devices
will unleash a new wave of opportunity that we will soon need to manage.
But your future is all about you, and I’m sure I’ve missed many of the future
technologies that you’ll be interested in. I’ve only scratched the surface of this
continually evolving ideascape. If you have additional ideas, please feel free to
add to the conversation as every new pixel on the masterpiece of life will help us
build a better future together.