Businesses have not made the most of 5G deployment in 2020, not least due to the considerable disruption from the coronavirus. In 2021, there will be more opportunities to use 5G to foster in improved forms of AI.
5G is the fifth generation technology standard for broadband cellular networks, offering faster speeds and more reliable connections. While cellular phone companies began deploying worldwide in 2019, the take-up has slowed a little in 2020.
high-performance 5G connectivity and real-time edge computing capabilities, enterprises will more rapidly implement AI technology to support various use cases across their organizations, including robotic assembly lines, autonomous vehicles, augmented reality training, and more. These intelligent, AI-driven solutions will automate traditional, manual processes to increase performance and visibility while lowering cost.
Traditional manufacturing settings employ a significant amount of manual labor. To keep operational costs low, many industries have taken their factories outside of the U.S. By implementing AI throughout factories, manufacturing can automate many resource-expensive tasks. For example, Tesla was able to place its factories in one of the world’s most expensive geographies by automating most of its factory functions. By utilizing AI to operate their robot workers, there is a massive opportunity for the western world to reshore or nearshore manufacturing operations. In 2021, manufacturers will lay the groundwork for company-wide, cost-effective industrial automation. Over the next five years, we will see these industries completely transform themselves due to the automating power of real-time AI.