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5G is not a White Swan, but a white cue ball
DataQuest
|February 2024
The domino effect of 5G goes far and wide, ultimately helping the overall economy. So do the consequences of not leveraging it right, and fast.
There are many balls on a pool table – different colours, different values and different stakes. The one who pots the game commands flair, finesse and fast thinking – it’s all about aiming right and hitting right.
When a country is juggling multiple balls like healthcare, infrastructure, manufacturing, supply chains, agriculture, utilities and waste management – nothing could be better than a right-timed cue ball.
With all the speed, low latency and possibilities of applications that it packs, 5G is just that catalyst that the economy needs. Drones would fly across mines, soil images would be captured for farmers, factories would work with intelligent sensors, cities would turn smart with real-time data and small businesses would be able to tap the powers of connectivity and productivity—all with the one-strike click of 5G.
Plus, the powerful surge of India's platformisation edge, digital public goods and India stack stars like UPI - indicate that we have just begun the game. The real fun is about to unleash now as India marvels the world with its digital masterstrokes that the world waits to emulate.
5G is an event that is not coming out of the left field. But its ripples are going to cover the economic field in every possible corner. In a world of Black Swans and Gray Rhinos, it could just be the Neon Butterfly-effect we were waiting for. Here's why.
CALL SHOT: BILLIONS AND TRILLIONS
This story is from the February 2024 edition of DataQuest.
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