5G and IoT will usher in a new era of connectivity. 5G networks offer faster speeds and more connections than previous generations. This will allow for more devices to be connected through IoT. 5G will benefit IoT by providing stronger and more reliable connections that can support real-time interactions between large numbers of devices. Key applications of 5G and IoT include automation, telehealth, and improved supply chain management. 5G is also an important enabler of Industry 4.0 by supporting machine to machine communication. It has the potential to both create new high paying jobs and improve existing jobs through greater connectivity and automation.