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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen	5/12/2017 10:30:00 AM
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Wal-Mart Wants to Know When Your Milk Is About to Expire Wal-Mart’s patent filing describes a system with a variety of sensor technologies inside products and homes including radio frequencies, Bluetooth, or bar-code scanners to track how often a product is used, where it moves in a home or what best to market to a shopper next. For example, clothes could be “tagged,” then tracked as they enter a person’s home for the first time, says the patent application. Then the system could track the clothes going into a washing machine, helping to predict the number of times the clothes are worn and washed. “When a certain threshold was set by the manufacturer as to the durability of the articles, a new set of clothes may be automatically ordered,” says the filing. A carton of milk near its “use by” date could trigger a reminder for the shopper to drink it or order a new one for delivery. wsj.com

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