RFID = Big Bucks

Gartner estimates:

Worldwide spending on the emerging wireless tracking technology is set to reach $504 million this year, up more than one-third from 2004, market researcher Gartner said Tuesday. Adoption will accelerate by 2007, with spending pegged to hit $3 billion by the end of the decade.

It’s also been denounced as a harbinger of a Big Brother society in which personal privacy disappears, either because of voluminous record-keeping on people’s shopping habits and travel patterns, or even because the chips could even end up under the skin.

Link here.

 

Alex Eckelberry

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