In Some Ways, Networks Have Never Changed. They Remain Essen ✓ Solved

In some ways, networks have never changed. They remain essent

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).

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 (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 (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 satellites and directly provide complete services. There are many challenges involved in both. However, they are working to make it better.

Paper For Above Instructions

The role of networks in shaping contemporary society and business operations cannot be overstated. Throughout history, networks – encompassing people, information, economic resources, and emotional connections – have retained their fundamental purpose: to facilitate interactions and exchanges that enable societies to function. While the essential nature of networks has persisted, the methodologies employed in these exchanges have transformed, particularly in the digital sector. This essay examines the evolution of network technology, its impact on the economy, and the ways in which emerging networks are reshaping the landscape for businesses and consumers.

As Zhang et al. (2017) elucidate, the principal changes in the realm of digital networking stem from the rapidly varying interactions between businesses and society. The digital age, propelled by the proliferation of mobile devices and internet connectivity, has harnessed unprecedented momentum. This interconnectivity fosters a competitive atmosphere, compelling businesses to adapt swiftly to changing consumer behaviors and preferences. The fundamental question arises: how can networks bolster communication efficacy and economic vitality amidst this transformation?

One significant impact of networks is their influence on the economy. The internet has engendered a landscape where businesses are not only competing locally, but also globally, forcing them to enhance their operational strategies continually. The complexity of these networks is illustrated by the evolving infrastructures and technologies that facilitate communication (Zhang et al., 2017). Businesses must optimize their data and resources effectively to keep pace with the demand for higher bandwidth and more robust connectivity solutions. It is this challenge that drives innovation in the design and implementation of new network technologies.

As noted, the era of mobile communication has sparked a significant shift in network architectures, paving the way for new possibilities such as smaller cells compared to traditional systems. Digital economies thrive on these advancements, resulting in enriched services for end-users. Ding et al. (2017) emphasize that the enhancement of broadband connections shapes how consumers interact with various media formats, necessitating a responsive approach from network operators. As such, improving bandwidth capacities leads to higher consumer expectations and service demands.

The evolution of broadband networks serves as a case study for the ways in which technological progress influences economic landscapes. The shift from early copper and coaxial cable systems to modern fiber-based networks illustrates the drive for efficiency and speed. The advent of 5G, heralded as the next levelling force in communications, is positioned to revolutionize numerous industries. Qualcomm's projections suggest that 5G could yield a staggering $12 trillion in economic value by 2035, bolstering a myriad of sectors and creating millions of jobs (Spoerl, 2020).

The anticipated advancements brought forth by 5G are remarkable. From enhanced Internet of Things (IoT) efficiencies to facilitating remote medical procedures, the potential applications are nothing short of transformative. The incorporation of vehicle-to-everything communication promises to augment the capabilities of autonomous vehicles, a game-changer in the transportation sector. These advancements exemplify how network technology not only addresses current consumer needs, but also anticipates future demands and innovation (Spoerl, 2020).

Meanwhile, initiatives like SpaceX’s Starlink present a complementary advancement in network technology. By leveraging satellite networks to deliver internet access globally, Starlink aims to democratize connectivity, especially in underserved regions. By reducing the costs associated with traditional fiber infrastructure, Starlink endeavors to widen internet access considerably. Nonetheless, this initiative also faces challenges that need to be navigated for sustainable success.

In conclusion, the discourse surrounding networks reveals a dynamic interplay of constancy and change. While the foundational concept of networks remains steadfast, the means of interaction and technological advancements position them at the heart of economic globalisation and innovation. The return to examining the efficacy of these networks emphasizes the necessity for businesses to be agile and forward-thinking in their approach to communication and connection. As we progress into a future driven by these networks, the quest for more effective interactions will continue to fuel change and chart new economic frontiers.

References

• Zhang, X., Liu, Y., & Chen, L. (2017). The Evolution of Networking: Past, Present, and Future. Journal of Network and Computer Applications, 88, 49-58.
• Ding, Y., Chen, W., & Wu, Y. (2017). Network Adaptation and Its Importance in Communication Systems. IEEE Communications Magazine, 55(5), 14-22.
• Spoerl, B. (2020). Economic Impact of 5G: The Future of Connectivity. Qualcomm. Retrieved from https://www.qualcomm.com/5G-impact
• IoT Institute. (2021). The Role of 5G in the Future of IoT. IoT Institute. Retrieved from https://www.iotinstitute.com/articles/the-role-of-5g-in-the-future-of-iot
• PSB Research. (2020). The Economic Impact of 5G in America. PSB Research. Retrieved from https://www.psbresearch.com/5G-economic-impact
• American Council for Technology (ACT). (2019). Broadband in the 21st Century: Challenges and Opportunities. ACT Reports.
• Network World. (2021). Why 5G Matters: The Transformative Power of Next-Gen Connectivity. Network World. Retrieved from https://www.networkworld.com/5g-matters
• Forbes Technology Council. (2022). 5G: Reshaping the Future of Industries. Forbes. Retrieved from https://www.forbes.com/sites/technologycouncil/2022/05/15/5g-reshaping-the-future-of-industries/
• McKinsey & Company. (2021). The McKinsey Global Institute Report on 5G's Economic Benefits. McKinsey & Company. Retrieved from https://www.mckinsey.com/global-institute/5G-economics
• Starlink. (2021). About Starlink: Our Mission to Provide Global Internet Access. Starlink Official Site. Retrieved from https://www.starlink.com/about