Fast Company Writer and Producer John Converse Townsend got microchipped back in October 2017. He's now had the smart chip inside his body for three months and explains the capabilities and opportunity behind this new technology.
"It's been fun," says Townsend. "I do have it programmed currently to call my girlfriend." Townsend explains he can tap his phone to the chip to then make a phone call. In the future he says the chip could be used to make mobile payments.
The chip can be compared to the size of a Basmati rice grain. Townsend got the idea to test out a microchip after interviewing Wisconsin-based Three Square Market who has offered to microchip their employees.
New claims for state unemployment benefits fell more than expected last week and they come as a surprise for those witnessing yet another round of layoffs from the tech sector.
Paul Knopp, the U.S. chair and CEO of accounting giant KPMG, joined Cheddar News to discuss key issues such as global cooperation on technology and ESG investing from the World Economic Forum in Davos.