Global Networking

Student 1

In some ways, networks have never changed. They remain essentially the same. They contain information, people, economic resources, and emotions that once made the world go around. What has changed is how businesses and society interact and exchange information. In that sense, networks are the same as ever. However, the major changes in the digital world are the way businesses and society interact (Zhang et al., 2017). The pace of change has been unprecedented. Businesses and their customers are becoming increasingly mobile and interconnected to remain competitive with the internet and mobile technology. The emergence of mobile devices in recent years has changed the way consumers consume media. There is limited data regarding the direct impact of networks on the overall economy. However, due to the complexity and global nature of the internet, the impact of the internet is felt by business institutions. The increased cost of information and technology and the increase in computer systems and connections worldwide (Zhang et al., 2017).

The only way to predict the future is to use existing networks. The country needs to maintain a secure communication system, but these networks will need to be adapted to the future. The networks have been doing it for years. Every TV season, there is a big announcement from network to network about who will replace them in the next TV season. The network becomes much more responsive to the user's request to perform more complex tasks (Ding et al., 2017). The user may have a website or a video streaming application that is demanding large amounts of bandwidth. The internet is going to change so much that the infrastructure will not work. Network operators have had to up their game, so they want to increase their bandwidth to their clients to increase their bandwidth usage. They have to use their data more effectively to get the job done. New networks will be built from the ground up to use different technologies and meet different usage patterns. Most of these new networks will use smaller cells than the traditional cellular network. These new networks will be available over the internet and new or improved technologies that do not yet exist (Ding et al., 2017).

Student 2

The worldwide network technology has fueled the economy over the years. The introduction of fixed wireless communications network allowed the developed countries to communicate via the telephone. The first introduction of wireless communications happened in the 1980s. However, the real progress in information technology and communication was not limited to voice but enabled broadband wired connectivity, which changed the world. The rapid deployment of fiber-based next-gen broadband networks increased the faster upload, download speeds. There are several wired type networks initially copper or coax based first-generation networks were deployed, but they are slower and prone to damage. The second-generation networks are fiber-based such as FTTC, FTTN, and FTTB, which are very efficient and significantly increase speeds. The evolution of 4G and LTE in 2010 is a shapeshifter, and most of the current communications are still in 4G.

The future is already here, and it is 5G. I currently work on 5G related projects and actively explore the growth opportunities and benefits. According to Qualcomm, by 2035, 5G services will provide 12 trillion dollars worth of economy, including mission-critical services, IoT, and mobile broadband services. It is going to disrupt retail, healthcare, education, and transportation, etc. Qualcomm predicts that the 5G value chain will generate up to 3.5 trillion dollar revenue in 2035 and create more than 22 million jobs and boost the global GDP by 3 trillion dollars. (Bob Spoerl, 2020)

According to PSB Research, as a result of 5G, there will be an increase of 91% of new product and services innovation, 87% of new industries will emerge, 82% of small business growth and increase in global competition and increase in productivity. The 5G technology can increase the IoT platform's efficiency, and in the future, it may even be possible to perform medical operations remotely because of the low latency network. In transportation, it can enable vehicle-to-vehicle communication or vehicle-to-everything, which allows fleet-wide communication. This will be a game-changer for autonomous driving and enhance self-driving capabilities. (Bob Spoerl, 2020)

On the other hand, Starlink is a private organization that focused and revolutionized the internet to provide internet worldwide at affordable rates. It cuts the expensive fiber layout costs and maintenance costs and enables the end-user to connect with sattelites and directly provide complete services. There are many challenges involved in both. However, they are working to make it better.