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what about forged and hacked chips, suddenly you are a millionaire and can go out and buy anything you want. sounds good, but what if you were the stolen identity etc...
i do not like it at all.
I’m waiting for the little chips that get put into our wrist, then our paychecks could be direct deposited and we could pay for everything with just a pass over of our wrist…
And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name. Revelation 13:16,17
just imagine getting a coke out of a vending machine with a pass of the wrist
Right. Because inserting a coin into the slot is such a pain in the neck, isn't it?
And when your chip malfunctions, instead of having to go through the hassle of having to look in your wallet to find another coin, all you'd need to do is head off to your nearest cyber-clinic to check what's wrong!
But Wow - based on a lot of comments so far, you guys are really going to hate the Singularity (or anything approaching it).
Here's just one aspect of things to consider:
When technology allows people to wire-in to external resources, you will obviously have a choice to do it or not. But those that choose not to will find themselves left in the dust of an emerging new species. Parents will have their kids wired before school age. If some kids do it, then pretty soon every parent is going to feel compelled to do so also. Eventually they may get wired at birth, or even in the womb.
Their brains will develop from the begining with a vastly different way of solving problems. They will not have to be smart to know what the 100th digit of pi is. Without batting an eye, they will know all of the casualty figures for all wars ever fought. Without thinking it is at all odd, they will know who the county commissioner was 147 years ago when that ugly statute was erected.
Granted that this is quite a stretch from carrying a chip. But if it becomes possible to do this, then it is inevitable that people will do it. All of the great debates about right/wrong, we shouldn't rush in, we're playing God, none of them will mean a thing. People do things like this whenever they believe it gives them an advantage, frees up time, or otherwise makes their life better.
Vernor Vinge's original talk on the "Singularity"
Description of the Singularity
(Sorry for the long walk down future lane, but it is your fault for posting this just before I have to stay awake all night as puke monitor for a sick wife and three sick kids)
Now all the muggers will go around with portable chip readers to extract the money from your chip instead of stealing your wallet.
Shhhhhh! Don't tip our hand ... ;)
This is one thing I've never understood. Why the facination with "implanting" the chip? What's wrong with chip in credit cards? That's like predicting that we will all have our shoes nailed to our feet in the future so that we don't forget to take them with us ...