RFID Economic Impact Example

Essays on RFID Economic Impact Research Paper Frequency-Identification Jobs Created This is an imperative technology that is applied the contemporary society. It has created various job opportunities for people with great skills in the technology sector. One of the jobs that it has created is an opportunity for technologists, specifically specialists in the field of technology, who focus on production of the technology. Moreover, it has created job opportunities for people responsible for marketing it to various consumer products in different parts of the world. In addition, the use of this technology has enabled many people to access job opportunities, specifically those that are related to tracking of the movement of goods or even those that involve tracking of the operations of a transportation network. Jobs Obstructed On the other hand, the application of the Radio Frequency Identification has facilitated the obstruction of some people’s jobs. That is, some people have lost their jobs due to the invention of this technology while other people have faced hindrances with regard to performance of their jobs. To begin with, certain security personnel have lost their jobs due to the fact that RFID’s have been applied facilitate computerized tracking and monitoring certain persons or social activities. In this regard, persons who might have been employed as security personnel have lost their jobs. The application of Radio-Frequency Identification has also created a scenario whereby issues related to personal privacy are jeopardized. This has hindered effective performance of certain duties that require total privacy. In some cases, companies have employed the use of Radio-Frequency Identification to supervise and monitor the movement of their workers, hence reducing the need for supervisors, hence rendering them jobless. The essence of applying Radio-Frequency Identification chips on humans for purposes human identification has also created a major problem regarding human/personal privacy: RFID are currently highly applied to facilitate duties ascribed to human identification. This has violated personal privacy in many job positions, thus limiting the capacity of the affected individuals to perform freely in their job positions. Job Outlook Radio-Frequency Identification has provided a wide opportunity for people with knowledge ascribed to it to perform different duties in different sectors of the society. Application of this technology extended from application in agricultural practices to provision of security in the defense forces (Hansen et al, 25). A person with proper knowledge in application of the Radio-Frequency Identification may find himself/herself in the agricultural sector, working with farmers with a purpose of implanting the technology on some agricultural products, specifically animals for purposes of tracking and monitoring. Moreover, the application of this technology extends to the business world where it is currently highly applied to facilitate tracking of goods on transit as well as supervising of the movement of certain goods, in this regard, a person with appropriate knowledge on this technology can access a job opportunity in such a field as a consultant or a technology expert, with a responsib ility to install it to the company’s product. The jobs created by the use of Radio-Frequency Identification also extend to the military or the security sector where it is currently highly applied for security purposes i.e. through identification of persons et cetera. Pros and Cons of RFID The first and the most evident impact of this technology is the fact that it has created a lot of job opportunities. This has enhanced the well-being of many people employed as RFID technology consultants or even as supervisors that monitor the movement of some goods as well as the movement of employees. On the other hand, some people have also lost their jobs owing to the fact that some duties that could have been performed physically are currently performed through the use of Radio-Frequency Technology thus replacing the need for physical human efforts. Another impact of the technology is that it has enhanced the performance of some companies that employ its use through reduction of losses. This is due to the fact that it has been effectively applied to track or monitor the movement of a company’s goods thus limiting losses that might have occurred as result of theft or robbery. Additionally, the application of this technology has enhanced agricultural performances among farmers who apply for purposes of tracking or monitoring their activities within their farms. Consequently, the application of this technology has played a significant role in the security sector, a factor that is usually imperative for effective economic growth for instance: It has been applied to facilitate military activities through supervision of certain security aspects (Poirier et al, 23). Future Economic Impacts and Markets With increased use of the technology in various social and economic sectors, the technology will facilitate development in a wide perspective. This shall increase its demand among stakeholders that have seen its benefits from other users. Moreover, its market shall increase among consumers interested to apply it in various social and economic activities that may require monitoring. WORK CITED Hansen, Wolf, and Frank Gillert.  RFID for the optimization of business processes. Chichester, England: John Wiley Sons, 2008. Print. Poirier, Charles C., and Duncan McCollum.  RFID strategic implementation and ROI a practical roadmap to success. Fort Lauderdale, Fla.: J. Ross Pub., 2006. Print.