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Future of Connectivity: Industrial transformation in 5G networking

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Advanced networking is about to step in the market in the coming future, offering a continuum of connectivity that can feasibly drive the development of new products and services or transform operating models. As the platform of digital transformation is getting broaden though data and networking-dependent technologies such as blockchain, cognitive, and IoT, advanced analytics are fuelling adoption rate of connectivity.

Manufacturing

5G technology is considered as one of the major transformations in the manufacturing industry as it could help smooth production operations and become more efficient and scalable while enhancing safety. This advanced networking enables manufacturers to develop “smart factories.” Which leverage artificial intelligence, IoT, automation, and augmented reality.

Energy & Utilities

5G networking leads to a few innovative solutions in transmission, distribution, energy production, and usage. It is also anticipated to unleash the next wave of smart grid features and efficiency. Reducing electricity and energy overall costs, connected smart grids and energy management will become more efficient.

Agriculture

In the current scenario, farmers are using IoT technology to optimize agricultural processes such as fertigation, crop communication, livestock safety & maturity monitoring, water management, and aerial crop monitoring. 5G technology could lead to increased adoption of IoT devices that make this possible.

Retail

Mobile shopping has become popular among consumers across the globe. Today every individual desire to get luxury branded smartphones with unique features. This migration to mobile shopping immensely occurred by 4G/LTE.

Financial Service

The financial institutions are dedicatedly focusing on mobile operations. 5G technology is poised to accelerate this digitization, from internal operations to customer engagement. The fast lightning speed of 5G allows users to make payment transaction on their devices.

Media & Entertainment

5G is anticipated to disrupt media & entertainment on several levels, including mobile advertising, home broadband, television, and more. Moreover, it will also be critical for improving experiences across emerging interactive technologies such as AR/VR.

Healthcare

There are numerous ways in which 5G has the scope to improve the healthcare industry across the globe. Using 5G technology in healthcare is anticipated to represent a $76B  revenue opportunity in 2026.

Transportation

5G technology could provide increased visibility and control over transportation systems, from public buses to private logistic fleets. As 5G networks become more prevalent, end-to-end visibility, cities will gain invaluable access to real-time into their transportation systems.

Insurance

With the smooth operations of data sharing, health and life insurers could make more informed and accurate decisions when it comes to providing quotes. As wearable 5G connected healthcare devices to gain popularity, the health insurers could offer positive reinforcement policies where premiums would be decreased if a certain level of activity or fitness is maintained.

Education

As 5G paves the way to better AR/VR experiences, teachers could use these technologies in a variety of new education techniques. For example, students could go on virtual field trips around the world, from the Egyptian pyramids to the Great Wall of China.

Cloud Computing

Due to mobile devices’ low throughput, inconsistent connectivity, high latency, and cloud applications are often watered down in terms of features and functionality.

Gaming

In a world where streaming subscriptions such as Netflix and Spotify are extremely popular, 5G’s solutions could open up a whole new market for the video game industry to flourish.

Real Estate

5G network is paving the ways for enhancing the rigid scope of technologies such as AR and VR. This would result to impact the Real Estate industry.

Real estate agents should begin offering virtual home tours. Prospective buyers can use virtual reality to view several homes without ever having to step outside of the brokerage’s office.

Public Safety

With the help of a 5G network, applications such as secure communications, real-time video, and media sharing could be used to assist first responders in emergency situations. Firefighters, for example, could use augmented reality to walk through a home when they can’t see.

Supply Chain Management

Installing 5G-enabled IoT sensors on products could feasibly make a large amount of data and can also available to stakeholders in the supply chain in real time.

Restaurant

Placing orders, from menus to drive-through could evolve into more immersive and interactive experiences for customers, as 5G allows enhanced performance with better speed, and lower latency.

Tourism

5G networking is promptly offering the wireless flexible infrastructure for under the concept “smart tourism” to emerge widely across the globe. This exercise could bring in more tourists to destinations and provide them with more immersive experiences.

Military

Real-time data collection and transmission to devices within communication networks are 5G technology, and crucial to minimize the speed of data transmission. Enhancing connectivity can result to minimize the confusion and delay whole replaying information in a life-threatening situation in the field.

Marketing & Advertising

5G could play a key role in transitioning display advertising toward social immersive experiences, bringing content and audience’s closer together.

 

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Artificial intelligence can steal your job, so political leaders should start doing theirs

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The Committee for the Economic Development of Australia has predicted that in the coming decade automation can replace around 40% of jobs.

Other estimates are less terrible. According to the report of Organisation for Economic Cooperation and Development, only 14% of jobs across its member nations are “highly automatable”, while another 32% are expected to change considerably.

Though it has not been cleared about the correct number of human jobs that will disappear, the impacts of automation driven by artificial intelligence (AI) are potentially deep. If the resulting new jobs become fewer and less rewarding than those lost, people may experience a period of social displacement.

However, there is little proof of any deliberate planning and advanced thinking by Australia’s federal and state governments to reduce the potential difficulties. For example, the current federal budget was silent on this matter. It is just like the lack of a deliberate plan on climate change.

Our anxiety about the policy vacuum depends on an extensive exploration on government websites, the media and budget speeches and these alarmingly yielded very little.

Our belief is AI should be an election issue, as there is almost no job that won’t be affected by AI-driven automation. Therefore, we need to be ready for this technological and social revolution which should be at the spirit of any government’s economic and educational transformation agenda.

Workers those never relax

The activities at which AI is likely to do better than humans by 2030 comprise translating languages, writing high-school essays and driving trucks. By mid-century, probably AI could be proficient of writing bestselling books or performing a medical procedure like surgery.

Researchers think there is a 50% possibility AI will do better than humans in all assignments in 45 years and t about all current human jobs can be mechanized in 120 years.

The World Economic Forum may challenge that AI and automation “is about empowering people, not the rise of the machines.” However, there are valid reasons to imagine some people will drop out.

Employers have more necessity of machines as they do not require rest, holidays or take sick leave. Besides these, they will never complain about overtime or join an association.

A report recently published by management consultancy McKinsey Australia recommends, if proactive measures are not taken, the unemployment rate could increase by 2.5 percentage points, based on up to 46% of jobs being automated by 2030. Additionally, inequality will also increase, this report says. To what extent depends on “how much Australia steps up its efforts to retrain and redeploy its surplus service, administrative and manual workers”. In the absence of large-scale retraining, Australia’s Gini coefficient (the standard measure of income inequality) could rise from 0.32 to 0.41.

Questions for policymakers

The stakes are more and employment is also a lot more than just an income. A good job offers purpose and majesty. It allows security, health and well-being. Joblessness brings harms to the individual, families and the wider society. If fewer people have job, and more people get less payment, the government will have to struggle with falling income-tax revenue and growing welfare spending.

With increasing global competition and fast technological change, all governments should be planned. They require long-term policies which will aid business and workers gain the knowledge, skills and abilities and alleviate the threats.

There are three main questions for policy makers:

  • To what level will AI-driven automation raise unemployment and underemployment?
  • In which way governments and employers can take help of AI and generate jobs for the future?
  • How can government, employers and educators prepare employees and graduates with the expertise to have jobs along with robots, rather than competing with them?

The development AI and machine learning should not create a threat to jobs and our standard of living. However, lacking a strategic and shared effort, we will repeat the mistakes of earlier technological revolutions that imposed a horrible price on some in the name of development.

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South Korea Launches First 5G Phone

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South Korea became the primary country to launch nationwide 5G services, with three superfast networks going live giving knowledge speeds that permit users to transfer entire movies in a second. Hours later, North America’s Verizon began industrial services in Chicago and metropolis when rival AT&T created a 5G-based system accessible to choose users in elements of twelve cities in a Gregorian calendar month.

South Korea’s three mobile carriers — SK Medium, KT and LG Uplus launched events across national capital for the Galaxy S10 5G, whose base version prices 1.39 million won ($1,200). Interactive virtual-reality displays and automaton demonstrations were on the show to tout the capabilities of the newest iteration of mobile net speed, and new users were excited concerning the chances, particularly live to a stream of sports games and university lectures.

“I watch a lot of videos often, movies and lectures,” said buyer Shim Ji-Hye, 38. “I hope faster speeds will help me manage my time better.” Another user said he was most excited about virtual reality content — which includes games and even “celebrity VR dating” apps according to the country’s mobile carriers. With 5G, said researcher Lee Sang-Yoon, VR content “can be enjoyed in real time with no delay… I’ll be able to enjoy it in better resolution and speed”.

By Friday afternoon, 15,000 consumers had signed to the LG UPlus 5G service, and quite 10,000 to KT’s supply, the carriers same. Figures weren’t in real time obtainable from SK telecommunication, the market leader.

Before Friday’s roll-out of the Samsung phone, the 5G service had been restricted to some of the specially designated users in the Asian country. Rival manufacturer LG is planning to launch its V50 ThinQ, another 5G phone, within the South Korea later this month, whereas, within the North American country, Verizon’s network works with Lenovo’s Moto Z3 smartphone fitted with a special accent.

Commercializing 5G offers Asian country the possibility to make around the technology that is crucial for the long run development of devices like autonomous vehicles and also the internet of Things. It is expected to achieve $565 billion in world economic edges by 2034.The implications of the new technology have pitted Washington against the capital of Red China — whose corporations dominate 5G technology — in Associate in a Nursing more and more bitter standoff. The North American country has ironed its allies and major economies to avoid 5G solutions from Chinese-owned telecommunication large Huawei, citing security risks that technological backdoors might offer capital of Red China access to 5G-connected utilities and alternative elements.

Chinese entities own a complete of 3,400 5G patents — quite a 3rd of the full, in keeping with knowledge analysis firm IPlytics — with 1,529 of these registered by Huawei. Asian country comes next, with its firms holding 2,051 patents, whereas North American country corporations have 1,368 along. Neither KT nor SK telecommunication uses Huawei technology in their 5G networks, however, it’s a provider to LG UPlus, the businesses told fetoprotein.

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5G will pace up Industry 4.0 in the Middle East and Africa

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5G

The arrival of industry 4.0 is going to ignite an exceptional wave of innovation in the Middle East and Africa (MEA). This industry combines operational, information and communication technologies with cyber-physical systems, facilitated by advanced wireless communication and industrial Internet of Things (IoT) services. This digital and wireless revolution will be powered by 5G networks, which have the probabilities to impel economic growth in the region like no previous generation of mobile technology.

For example, in the Middle East and Africa, the security, high speeds, low latency and a massive number of connections in 5G networks will prop up the smart city and agriculture alteration in many countries. Thus, new revenue streams will be come out from IoT and industrial applications, and speed up digitalization.

Agriculture 4.0 will mainly renovate both the demand side and the value chain/supply side of the food-scarcity equation, and take the help of technology to deal with the real needs of consumers.

The UAE already has started using the SCADA system, which unites current, real-time data from weather stations with data from soil moisture and salinity sensors. Besides this, IKEA, David Chang and the ruler of Dubai have spent $40 million in vertical farming. Similarly, other Arab countries are also giving stress to expand their agriculture highly, and performing experiments with various new technologies.

The Middle East and Africa region is also the world’s largest hub for mineral mining (diamond, phosphate, gold) and for oil and gas excavations. 5G is the best domain choice of IoT connectivity for these industries.

Use of 5G in the Middle East

In 2019, Ericsson will start the commercial use of 5G with operators in highly developed markets like the UAE, Saudi Arabia, and Qatar, and this will get important traffic volumes by 2021. Ericsson was just selected by Batelco to install 5G commercially across Bahrain, and we announced 5G commercial launches with Etisalat, STC, and Ooredoo at Mobile World Congress 2019. According to the Ericsson Mobility Report MEA, all major service providers in the region are moving positively to launch 5G commercially. Several regional start-ups including Fetchr, Souq, Careem, and ReserveOut have been working successfully, and some others have had a strong impact on the market.

Increased network capacity, lower cost per gigabyte and new use case requirements are the main drivers for immediate 5G deployment. The bulk of the 5G subscriptions in the MEA are likely to come from highly developed ICT markets like Saudi Arabia, UAE, and Qatar, but in Africa, significant momentum is taking the shape in South Africa.

The MEA region’s telecom market is considered by increasing uptake of LTE. The region will be the leader in the globe with an estimation of 9x mobile data traffic growth (1.8 to 17 EB/month from 2018 to 2024) and see a doubling of mobile broadband subscriptions (850 to 1,630 million from 2018 to 2024), according to Ericsson Mobility Report MEA.

The exponential role of troublesome technology in climate action

Besides recovering efficiency and reducing cost, digitalization and IoT have wide human inferences. Today, nobody can underestimate the advantages of IoT. It is helping us in getting smart homes, power grids, connected transport systems and many more; as a result, our personal lives becoming safer, healthier and greener.

Combination of ICT with a well-integrated corporate sustainability strategy can help undertake a variety of global challenges. When the digital sector is trying to reduce its own productions, representing just 1.4% of the global total, it is still in a distinctive position to persuade other sectors.

Social and technological innovations are already showing their dimensions. For example, shared and “on-demand” transportations of more energy-saving electric vehicles could lessen the global energy requirement for transport by more than 50% by 2050, with decreasing the number of vehicles on the road.

Similarly, adoption of circular-economy approaches has the possibilities to reduce global emissions from industry by 45% by 2050. Heavy industries like steel, aluminum, cement, and plastic production can reduce emissions by 50% in all over the world by using current technologies and efficiencies.

5G is the stamina which can craft it all work, not only in the Middle East and Africa but also all over the world, driving economic value from improved mobile broadband to digital industry to survive climate change. In sequence, that will need an environment of technology, regulation, security and industry partners to convey on the potential.

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