So, either this year or next year the new USB4 or USB 4.0 wire will come out with a whooping 40 Gbps. Any thoughts or ideas to this new update without the technological industry?

Our latest one is USB 3.0 & USB 3.1 along with other thunderbolt and lightning cables with around 5 to 10 Gbps.

External storage devices may be okay to use for things other than cold storage with those kinds of speeds

Remember that data transfer is only one half of the equation, the other half being USB Power Delivery. We've reached a point where Type-C cables can transmit upwards of 100 watts of power, so what I'm looking forward to is a transition from AC current in households back to DC current (like it was in the late 1800s/early 1900s). Imagine having USB powered lamps, toasters, power tools, and so forth which are all on the USB-C standard. Instead of having two AC plugs, you could have, say, 1 AC and 3 Type-C DC plugs in the same outlet.

I think they should start having M.2 connectors on computer pannels for NVMe comunication so that you can get 64Gbps with 4 lane PCIe Gen4