The Electronic Label's Business Revolution (II)

However, so far, in addition to some specific uses such as E-ZPa ss and Singapore's ERP, electronic tags are still very expensive. The cost of a tag is about 1 US dollar, so if you stick it to a product worth only a few dollars Not worth it.
However, a small private company in California, Alien Technology, currently claims that they have mastered a method for producing electronic tags in large quantities at low cost. According to Jeffrey Gacobson, the company's chief executive, they will receive an order for 500 million electronic tags later this year, which costs only 7 cents each. He said with pride that the 500 million e-tags alone are more than all the RFIDs in history.
Eyeglasses can't find electronic tags to help you. There are also some people who have calmly pointed out that it is not time to promote electronic labels. SAMSy s is a company that manufactures card readers that can read barcodes from any manufacturer. The company’s CEO, Cliff, said, “You have to be realistic. I think the MIT scientists are too optimistic.” More people can't hide their inner excitement. If the price of electronic tags could eventually be reduced to a penny, what would the world be like? By that time, it would be cheaper to stick electronic labels on goods than on bar codes, and there would be more information than bar codes. By then, everything has its own identity tag and can communicate with each other, and the world we live in has become ever more colorful.
Arnold Pandias, a scientist who won the Nobel Prize, once presided over the work of the Bell Labs and was one of the investors of the Aliens Technology company, envisioned such an interesting scenario:
One day, you got anxious because you couldn't find the glasses. In fact, it fell to the sofa in your living room. The electronic tag attached to the pair of glasses is connected to a reader at home, and the reader can receive the signal sent from the electronic tag on each item in the room at any time. The signal activates the electronic tag, which immediately responds to the signal. Signals are sent from lightning to lightning fast. Each electronic tag can make more than 100 responses in one second.
The reader sends information through a wireless network and downloads this information to a computer on the home. The computer discovered through reading the data that the time for the signal fed back by the electronic tag on the glasses to reach the card reader is equal to the time required for the feedback signal from the sofa to reach the card reader. So, when you sit at your computer and type in the search box: "Where's my glasses?" The computer immediately responds: "Under the sofa."
Arnold Pandias predicts confidently: “In a few years, high-end consumers will generally accept this way of using a tag reader to find items at home.”
Prospects for commercial use In order to test the actual effect of this new technology, businesses and manufacturers decided to work together. So they put electronic tags on all their supplies, and they can be seen everywhere in crates containing goods, big trucks, freight terminals, and even all warehouses. All companies participating in the trial are confidential, but it is said that the famous Wal-Mart and Pepsi are also among them. Industry watchers claim that the RFID technology is even better than expected. The "Automatic Identity Center" expects this test to continue until 2003, when the technology will be put into commercial use, and by 2005 it will be widely used. Some avant-garde consumers will even be eager to bring this electronic tag technology into their homes to get addicted ahead of schedule. According to a research organization called "Risk Development", the RFID industry will reach 1.4 billion U.S. dollars in 2002, and it will climb to 2.6 billion U.S. dollars in 2005. It seems that the outlook for this industry will be bright.