Ons and offs are actually pretty rudimentary. Now advanced encoding schemes exist that allow more bits per symbol.
Routers commonly use a scheme with 128 possible amplitude and phase shift values, allowing for 8 bits per symbol instead of 1 at a time.
There’s also fiber optic, which is intently faster and can interlace different colors simultaneously to increase bandwidth.
Then all of the data is tagged with where it needs to go.
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