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To: _Jim
You obviously missed my point. Will RFID create jobs for some engineers? Yes, a few thousand hardware engineers with relevant experience will get jobs designing RFID hardware until the industry matures (5-10 years). Will some people make a lot of money on RFID? Absolutely. I have a large pile of cash standing by to invest in these RFID startups as they go public, and you'd be dumb not to do the same. RFID technology will become ubiquitous over the next decade, with transponders built into everything from cereal boxes, to cars, to underwear. With that kind of market potential, the profits will be enormous. That's why the VC's are investing.

But we're not talking about VC's, investors, or hardware engineers with decades of experience in miniaturization or nano here (the only ones who will get the new jobs). We're talking about AVERAGE people...the kind that make up 99% of our population. They will see some people get rich, and some others make a lot of money, but RFID won't directly impact their lives in many ways. There will be no new manufacturing jobs in the US for RFID technologies, very few service jobs (RFID is a disposable technology...there's nothing to fix), and will result in a net reduction in jobs as checkers are obsoleted by this technology. RFID is a great technology, but it's no panacea for our current job woes. Realistically, it won't even make a dent.
659 posted on 03/11/2004 10:08:56 AM PST by Arthalion
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To: Arthalion
I think your view is shortsighted and myopic.

We didn't experience 'waves' of change, massive loss of jobs with the introduction of bars codes (DO you remember individual 'price stickers' on each grocery store item, stickers whose price to be keyed into the register by 'checkers', and the clerks who 'stamped' each loaf, each can, with the price?) -

- I think we have here another case of Luddite-ism and a paranoia of all things technological; once upon a time there was school of thought that mankind would be liberated for higher persuuits - higher goals - through the use of 'machinery' (literally: "labor saving machinery") -

- and we know have the Luddite crowd quite literaly coming out and supporting, nay, protecting and advocating menial, mimimum-wage 'stay-busy' and 'make-work' positions in the economy ... almost a socialist, European view; "life-time, guaranteed employment".

Perhaps we are overdue for embracing the UN and its socialistic agenda ...

660 posted on 03/11/2004 10:29:02 AM PST by _Jim ( <--- Ann C. and Rush L. speak on gutless Liberals (RealAudio files))
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