Yep, its 802.11AC.
This is using uncharted water at nearly 80GHz as the carrier frequency, and has to use automated beam-forming technology to overcome the very high attention rate of such a high frequency. The very phenomena that makes it so if you move your device over 6 inches it goes from 4 bars to 2 can now be done on demand- and has been coupled with a system that will allow the signal to actually follow your device around to maintain connectivity.
Also while it is capable of gigabit per second wireless communication, in practice its actual performance will almost always be well below that.
I see a rather likely problem for adoption though.
A lot of 802.11AC access points require two or more gigabit ethernet links to prevent congestion, as the standard actually allows slightly higher than 1GB/s transfer speeds. For retrofitting an existing 802.11N or 802.11G installation, that means the switchport and cabling requirements are doubled unless 10GB/s ethernet over existing Cat5e and Cat6 cabling becomes available.
Yes this could be huge, but I have to be skeptical of it for a change on the grounds that it would require significant infrastructure upgrades and its field performance is likely to be only a fraction of its theoretical output.
