Most of us have heard of Moore’s law, named after legendary Intel founder Gordon Moore who predicted, correctly, decades ago that microprocessor speeds would double every 18 months and be accompanied by a halving of costs. Equally impressive is the progress that has been made in the speed of communication between computers. In recent years, this standard has gone from 3G to 4G (which brought us smartphones and e-commerce) and soon, 5G.
In a recent blog posting Peter Diamandis (founder of the XPrize foundation) writes of the jump from 3G to 4G that “if you thought that was big, think again. With plans for wide-scale deployment in 2020, 5G will be 100X faster than 4G, and 10X faster than your average broadband connection.” Perhaps more important, 5G will enable the entire population of the world to be connected to the internet; a truly world wide web, at last.
“Diamandis predicts “And as the population of online users doubles, we’re about to witness perhaps the most historic acceleration of progress and technological innovation known to man.” Learn more about the implications for you and your business in his short blog posting “Connecting 8 billion by 2024.