Analysis of the Impact of 5G Development on the Macroeconomy

Abstract

Modern mobile communication is remarkable journey for human to conquer. From 1G to 5G, humans always attempt to break the limit and to discover the future of technology. The fifth generation promotes the living standard and alleviates poverty in the rural areas, which brings convenience and wealth to people. 5G makes upgradation for autonomous car, especially when it analyses complicated traffic status. IoT is the connection for components in the factories, robotics even homes. 5G provides it with better performance and more efficient algorithm. AI must be a intriguing technique which is popular in nowadays innovation industries. 5G enables it to be much "humanized" and advanced in the future. 5G is the thing which could find the inner strength of techniques. There will be a bright potential for mobile communication in the future.