RFID Systems To Track Products And Recycling In A Perfect Modern Civilization

Does the World really need RFID? What is so special about Radio Frequency Identification tags? What is wrong with bar codes? Well, the answer is quite simple actually and even though many people are worried about the future of RFID and privacy, I am more concerned about the efficiencies we can gain from this technology in free-markets.

Currently there is 1 Trillion Dollars unnecessarily locked in inventory in the US? That is almost 10% of our GDP. Ouch, 10% lost efficiency is not good. So RFID can help, we should use it, definitely. RFID technology is getting very good and at under $.05 US per tag, it is a viable idea.

Are you worried about recycling and over filling the dumps in the US with intense amounts of trash and waste? I believe we need a robust recycling program and it should be part of the "ethical code of conduct" for every citizen and part of each person's social responsibility and social contract with the Nation.

Meaning we recycle the RFID tags and allow them to be used at the unit level, when and if the price to make them reaches $ .03 and then robotic trash systems can separate out the recyclables. Sure, there will be some loss of RFID tags, our Online Think Tank Figures 23%.

Even considering the replacement and costs loss rates of 23% we can eliminate waste in inventories, which will lower prices and increase efficiency, while quadrupling our recycling efforts thru automation. Now then our trash collection flows and robotic systems can also scan the items for recycling and separate and guess what remove the tag for re-use!

A cradle-to-grave policy and hooked into the central computer system to eliminate waste, because every time your increase efficiency, you win. The Flows of Civilization depend on it. It is time to stop fighting the new RFID technologies and embrace all they have to offer.

L. Winslow is an Economic Advisor to the Online Think Tank, a Futurist and retired entrepreneur http://www.worldthinktank.net . Currently he is planning a bicycle ride across the US to raise money for charity and is sponsored by http://www.Calling-Plans.com and all the proceeds will go to various charities who sign up.