bigscoop
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- Jun 4, 2010
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- #21
Oh, and another thing about Wally World . . .
I have a friend and former coworker who is a computer networking expert. His company contracts with Wal-Mart preparing the various stores for changes coming very soon. He has traveled to every state where there is a new Wal-Mart setting up their special networks in preparation for a very big job.
What is the big job? Have you ever heard of RFID? Well, you will gather your goods and push your buggy up to the checkout. When you get there, the computer will tell you how much your have in your cart, total your bill and accept your payment. Cashiers will soon be a thing of the past. Stocking shelves and keeping inventory are going the same way with robotics planned in the coming years.
No one wonders what will happen to the paychecks these people used to make that supports other - smaller - business by their employees purchasing from those business.
Economy improving? To be honest, I don't see it happening. I see unemployment / underemployment growing by leaps and bounds by 2014 . . . unless something drastic happens.
Actually, when it's all said and done, this new system will know you are there the minute you drive onto the parking lot if you have your Walmart card on you. And yep, several of the superstores are pushing for the same technology. Grab a cart, fill it and walk out without ever having to stop at the checkout, it simply subtracts the amount from your account or charges it to your credit card. Last i heard they were still having issues with certain types of product and packaging. I don't know if they are still trying, but at one time Walmart even wanted to start their own customer banking with this technology in mind, which I'm sure is still on the table with even larger plans to built into it. (I use to own stock in a few of the companies that were originally working on and bidding on this this stuff.) The down side, there goes more jobs.