by Mike Masnick
Wed, Mar 26th 2008 9:22pm
theodp writes "Better think twice before volunteering to tutor underprivileged kids or delivering Christmas gifts to homeless children. Thanks to IBM, you could be rewarded with a hefty car insurance premium increase for your efforts. A new patent was issued to Big Blue last Tuesday for its 'invention' of the Location-Based Vehicle Risk Assessment System, which describes how surcharges will be added to your auto insurance premium when a GPS device reports that you drove into an area in IBM's bad neighborhood database (stay too long and your car is disabled). It's all about assigning insurance costs more appropriately, explains Big Blue, which used the same argument to justify punishing employees for having fat kids."
If you liked this post, you may also be interested in...
- Contrary To What You've Heard, TPP Will Undermine US Law -- Including Supreme Court Decisions
- Obviously, No One Ever Would Have Thought Of Remote Controlled Sex Toys Without This Patent
- Chinese Smartphone Leader Xiaomi Adds Special New Feature In Order To Enter US Market -- A Patent Hoard
- DailyDirt: It's Not Just A Good Idea... It's Moore's Law
- DailyDirt: Recipes Analyzed By Algorithms