Incoming 5G on Verizon?

Verzion Wireless is testing their 5G Network

Its crazy how we were just so use to how faster 4G and LTE was compared to 3G and the download speeds are.  Then Google had come alone for the internet Google Fiber with super high speed internet, but it is only in selected areas.  As we all know that Verizon is the number 1 carrier when it comes to having the best network in  the US.  

 

According to Verizon, the earlier test of 5G have come to be about 30-50 times faster than the current 4G/LTE. Also this 5G network is said to even be faster than Google's Fiber service.  If it has real speeds like that, who needs internet? Why not just be powered by data?  The new technologies are very powerful and it seems as now it doesn't have any limits or boundaries.  So far can networks go with 5G?  How will 5G be actually effective in our everyday lives?  What would a consumer benefit from 5G?   These are some questions that need to be taken into consideration as we prepare for the next generation in mobile.  Not exactly sure when 5G become available to everyone, but will assume that 5G is coming soon.