If there is one industry that has changed our lives significantly in the past few decades that is surely telecommunications. We are literally glued to our phones making calls texting non-stop and of course, watching videos so much so that we take for granted a few things including the fact that a decade ago many of these things were hard to do or much more expensive it is indeed an industry that is driven by customer behavior but that also heavily influences how we consume data choose jobs and ultimately how we spend our time.
1. High-speed Wireless Internet is the Ultimate Growth Factor
The internet keeps us connected and let's face it nowadays you most likely need it to do your job that's why expensive and often unavailable internet costs us time and money since a lot of things depend on it consumers also demand more and more data connectivity for video streaming and multimedia applications the telecommunications industry is ahead of this spearheading changes in how we consume Internet and that is a major growth of wireless internet usage indeed you can say that the wireless high-speed Internet is the future wireless internet functions through fiber-based networks that are increasingly expanding their reach throughout India and all over the world.
2. TV and the Internet are addictive especially to children
Look we're not preaching anything here, after all, you're probably using a device to read this article but did you know that the average person in India spends about 07 hours daily interacting with different media and devices that includes children who are most vulnerable to becoming a little too dependent on them that's because young children feel and experience things needing to have their brain stimulated to ensure adequate development if over stimulated through technology this can lead to a lot of problems later on including behavioral issues and addiction to different devices so you might want to make slight changes to your routine as well maybe taking a social media break or a day off without your phone will actually help you relax and recharge your batteries.
3. Satellites are key to the telecommunication industry
You don't often see that in pictures taken in outer space but the earth is actually surrounded by satellites which are an essential part of this industry, in fact, There are 2,000 communication satellites are currently in Earth's orbit They have many applications and are used for internet TV telephone radio communications and even in the military satellite phones are especially useful and provide all the benefits of a terrestrial mobile phone including voice messaging and bandwidth internet access isolated islands such as st. Elena and Easter Island would not otherwise be able to have phone connectivity without them many regions such as South America Canada and Australia are using this technology as well and if you ever wondered how ships at sea keep connected to the outside world well satellite phones are the answer.
4. It changed the way we talk and the vocabulary
Whoever is guilty of using lol and hashtag in real life knows this all too well our language has changed dramatically since the age of the internet we use shorter words to communicate faster and have more options for how and when we communicate languages have always been evolving and they always well right now the trend is to pay little attention to grammar and punctuation and as a consequence rely heavily on context to extract the meaning in our communications so much so that Oxford dictionary regularly includes words such as Yolo and binge-watch of course we didn't really need validation from a dictionary but at least they're paying attention.
5. China Mobile is the world's most profitable company with a net worth of ($225,300,000,000 billion)
The telecommunications industry is huge and very profitable Only The Top 10 Companies have a combined market value of $50 billion and that's just going to increase as the global demand for wireless connectivity is growing fast chances are that if you're from the US you're probably a Verizon or AT&T client these companies are huge there but they are not the most profitable in the world instead the top spot goes to China Mobile Limited which has 849 Million clients making it the biggest provider in China in 2016 alone they gained an increase of two point five percent in their number of subscribers so it's no wonder that as of April 2017 the company boasts a market value of two hundred and $25.3 billion.
6. Child labor is often used in the manufacturing process
As with everything nowadays we really do need a reality check we love our devices and often change them for better or newer ones always waiting for the next release however this isn't sustainable in the long run and most of all we're inadvertently buying products obtained by using child labor cobalt a silver-gray metal found in mines is used to make phone batteries According to UNICEF 40,000 children are working as miners in the Democratic Republic of Congo they extract cobalt using hand tools digging large holes in hard to imagine conditions some of them get badly injured or die as a consequence since there are little safety measures and all of that for a dollar a day.
7. Security is the major threat and problem in Telecommunications
With the recent phase book scandal we're starting to wake up to the realities of security or better said lack of security in our communications, For example, Mark Zuckerberg himself knows the risks since like the average laptop user he uses tape to cover his webcam. This is one of the industry's major challenges if not the biggest one the truth is since Edward Snowden leaked details about the CIA's surveillance we've gradually started to wake up however the European Union has always been ahead of this and is now the global leader in data privacy protection "European citizens personal data will be much harder to access and manipulate by companies through the general data protection regulation or GDPR which will become effective May 2018" it remains to be seen if the rest of the world will follow suit.
8. Social media and apps were allegedly used for election fraud
Speaking of Facebook the recent controversy has many more implications than we could have imagined giving your personal data to one company is one thing but having it used to another is a big deal Cambridge analytical used Facebook data and 87 million users to manipulate voters opinions and subsequently influence election outcomes it's no wonder that since we are online so much and we consume a lot of news directly from Facebook this leaves us all vulnerable it seems the data was used in Russian and Italian elections with the latter relying heavily on misinformation and propaganda related to the Italian extreme right advocates are calling for more regulations and protection for consumers.
9. Cellphone radiation may cause cancer and other health problems
There are many reasons to believe that cell phone radiation is bad for our health. Experiments have shown that using our phones frequently and for long periods of time is connected to some types of cancer health problems vary but the most common include brain cancer, tumors, and negative effects for memory learning and sleep patterns some studies even linked hearing headaches tinnitus and other issues with cell phone use especially suggesting that children and teenagers are most susceptible to developing these problems.
10. AI and automation might replace a lot of jobs shortly
The 4th Industrial Revolution is upon us and that means both good and bad things there's no easy way around this automation will replace many of the existing jobs the telecommunication sector will certainly have to let go many employees mid-level workers are going to be especially affected at this point since their skills will be outpaced by technology this will be a major problem since they'll be few jobs left at this point and it will be difficult to create new jobs for them Emerging technology such as artificial intelligence and machine learning are much more than just buzzwords the industry is already investing heavily in this technology and around 63.5% of companies spending money is on AI systems.
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