5G is about more than just fast speeds, says Verizon media CEO

Faster speeds are what most consumers think about when they look towards 5G, but the new technology will offer other benefits as well. Verizon Media Group CEO Guru Gowrappan explained that the lower latency versus older technologies will be a game-changer for a variety of applications, from driverless cars to healthcare to advertising. “Every industry is going to get disrupted,” Gowrappan said. “5G just accelerates that.”

“Think about driverless cars,” Gowrappan said. “What 5G does is it literally takes latency away,” allowing applications to react in the “blink of an eye.”

The lower latency and additional bandwidth will also mean potential big changes in the healthcare industry, as remote access to doctors and other professionals can be made possible.

Gowrappan explained that 5G will impact virtually any business that requires wiring and data processing as 5G’s speeds and low latency make more things possible than ever before.