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...
- Former US Patent Office Director Freaked Out That Business Methods & Software Are Less Patentable Than Before
- Little Tree Air Freshener Company Sues Non-Profit For Making Tree Shaped Ornaments
- Government Accountability Office Study Confirms: Patent Office Encouraged Examiners To Approve Crappy Patents
- IBM Wants To Patent A Printer That Won't Let You Output Unauthorized Copies
- DailyDirt: Thinking Machines