Well, there's no going back. Privacy is becoming a thing of the past, along with all its benefits and drawbacks. Those who fear and object to it are in the minority, the steamroller will not be stopped.
I dare say in a few generations there will be a post or virtual discussion somewhere along a similar vein about a similar emergent monitoring technology.
Technology marches on, whether we want it to or not.
Oh, and in regards to chips, I give it ten years at most...and stuff in the water...probably already happening.
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