Four 5G Myths Debunked (#3 Is Nuts)

Once a technology achieves breakthrough status, myths abound!

For example, automobiles began their meteoric rise in popularity in the 1920s, and the myths started almost immediately thereafter.

One long-running myth holds that purer gasoline makes cars go faster.

To this day, the Federal Trade Commission refutes the claim, saying “In most cases, there’s no benefit. Unless your engine is knocking, buying higher-octane gasoline is a waste of money.”

Likewise for microwave ovens.

Microwaves exploded onto the scene in the 1970s, which quickly gave rise to myths.

The main myth, of course, is that microwaves cause cancer.

Not true, says the American Cancer Society.

“When microwave ovens are used according to instructions, there’s no evidence that they pose a health risk to people.”

What a great segue into the latest breakthrough technology beset by myths — 5G.

Without further ado, let’s start myth-busting.

MYTH #1: Apple Decided to Pass on 5G

This myth has absolutely no merit.

While it’s true that Samsung’s Galaxy S10 smartphone is equipped with 5G functionality, and is already available on store shelves…

Apple is preparing for a massive 5G rollout later this year.

In fact, Apple’s official 5G announcement could hit during Tim Cook’s earnings call at 2 p.m. on May 1 — about two weeks from now.

Apple’s 5G rollout plan has the potential to radically disrupt the global economy, as one source has predicted over 100 million 5G iPhones will be sold in 2020.

Exactly how important is Apple’s announcement scheduled to happen on May 1 at 2p.m, and what could if mean for your portfolio?

I went on a 10-month, deep-dive research mission to answer that question…

CLICK HERE TO VIEW MY PRESENTATION.

MYTH #2: 5G Is a Hype Machine on Steroids

Telecom giants like AT&T and Verizon jumped the gun a bit on their 5G marketing blitz and now a lot of Americans believe the technology is purely hype.

You won’t hear this in TV commercials, but 5G’s nationwide buildout is in its infancy, with coverage limited to various hot spots in major cities.

Nonetheless, 5G is still coming. And when it arrives, it’ll usher in a new period of GDP expansion, driven by Big Tech.

Given 5G’s real-time connection potential, new industries can thrive — like autonomous vehicles, smart cities, HealthTech, mixed reality, machine-learning, advanced robotics… and beyond.

MYTH #3: 5G Caused Coronavirus

As the myth goes, 5G’s radiation weakens immune systems, thereby allowing COVID-19 to easily infect the body. Otherwise, coronavirus wouldn’t have been a big deal — just another strain of flu.

Believers in this myth acted upon it, too.

More than 100 5G towers across the globe have been set ablaze to save humanity.

In response, the Federal Communications Commission (FCC) was definitive, calling it “a worldwide online conspiracy theory that does NOT cause coronavirus.”

If you’re still concerned about health risks, the FCC’s safety page can be found here.

“MYTH” #4: 5G’s Signal Is Lightning Fast, but Weak

This one’s true.

5G’s promise of real-time internet speeds comes with a caveat — it requires the use of super-high-frequency radio waves, called “millimeter-wave spectrum.”

While such waves are incredibly fast, they’re also easily blocked by trees or thick fog.

To overcome this shortcoming, America needs a lot more wireless transmitters — as in, five times the number used for 3G or 4G.

CNet says, “There could be nearly 800,000 of these so-called small cells deployed in the U.S. between 2018 and 2026 to provide 5G,” according to the wireless industry trade group CTIA.

Bottom line, get ready to see a 5G transmitter on every city block.

Onward and upward,

bob

Robert Williams

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Robert Williams

After nearly 20 years in the trenches of high finance, Robert has joined St. Paul Research to assume the role of Chief Futurist. Robert cut his teeth as an analyst for one of the most revered and prestigious medical institutions on Earth, whose endowment is valued at $4.3 billion. From there, Robert became the lead...

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