Microchips in my underwear? Nice. I find this trend disturbing, am I the only one? Highlights...
_Microchips with antennas will be embedded in virtually everything you buy, wear, drive and read, allowing retailers and law enforcement to track consumer items _ and, by extension, consumers _ wherever they go, from a distance.
"It's going to be used in unintended ways by third parties _ not just the government, but private investigators, marketers, lawyers building a case against you ..."
In 2006, IBM received patent approval for an invention it called, "Identification and tracking of persons using RFID-tagged items." One stated purpose: To collect information about people that could be "used to monitor the movement of the person through the store or other areas."
The recent growth of the RFID industry has been staggering: From 1955 to 2005, cumulative sales of radio tags totaled 2.4 billion; last year alone, 2.24 billion tags were sold worldwide, and analysts project that by 2017 cumulative sales will top 1 trillion _ generating more than $25 billion in annual revenues for the industry.
So, how long will it be before you find an RFID tag in your underwear? The industry isn't saying, but some analysts speculate that within a decade tag costs may dip below a penny, the threshold at which nearly everything could be chipped.
In the marketing world of today, she says, "data on individual consumers is gold, and the only thing preventing these companies from abusing technologies like RFID to get at that gold is public scrutiny."
http://www.washingtonpost.com/wp-dyn/content/article/2008/01/26/AR2008012601126_pf.html
_Microchips with antennas will be embedded in virtually everything you buy, wear, drive and read, allowing retailers and law enforcement to track consumer items _ and, by extension, consumers _ wherever they go, from a distance.
"It's going to be used in unintended ways by third parties _ not just the government, but private investigators, marketers, lawyers building a case against you ..."
In 2006, IBM received patent approval for an invention it called, "Identification and tracking of persons using RFID-tagged items." One stated purpose: To collect information about people that could be "used to monitor the movement of the person through the store or other areas."
The recent growth of the RFID industry has been staggering: From 1955 to 2005, cumulative sales of radio tags totaled 2.4 billion; last year alone, 2.24 billion tags were sold worldwide, and analysts project that by 2017 cumulative sales will top 1 trillion _ generating more than $25 billion in annual revenues for the industry.
So, how long will it be before you find an RFID tag in your underwear? The industry isn't saying, but some analysts speculate that within a decade tag costs may dip below a penny, the threshold at which nearly everything could be chipped.
In the marketing world of today, she says, "data on individual consumers is gold, and the only thing preventing these companies from abusing technologies like RFID to get at that gold is public scrutiny."
http://www.washingtonpost.com/wp-dyn/content/article/2008/01/26/AR2008012601126_pf.html