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Today we don't, but new apps/technologies will start popping up now that it's possible. Plus, it's not just phones, but all kinds of devices that will be able to take advantage of Gigabit speeds - "IOT"
Having it is one thing. Actually needing it or taking full advantage of it is another.
For the most part, data throughput isn't really a barrier to innovation.
Aside from aggregation points, most users can get by with a fraction of that. I agree with Wartrace the bigger issue isn't as much throughput as it is the total amount of data one is consuming. On a 10GB plan, you'd blow through that in less time than it takes to reheat your lunch if you were to max out a 1gb pipe.
With 5G it might be worth it to cancel cable internet and tether or hot spot from your phone. Might not need a router in the house if everyone has 5G on their phone.
The speed for individual users is not the benefit, it's higher amount of users it can support. As this is deployed it may provide competition and high speed access in markets where none exists.
Check out the free online seminar this week at "The 5G Summit" website (.com) for everything you need to know about 5G, which is a military-grade weapon.
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