I think its a cause for concern that FDA has ruled that biochips containing personal data doesnt need to be regulated . VeriChip seems to be an interesting idea. Implantion of computer ID chips beneath people's skins would probably help paramedics quickly look up the medical history of people who have life threatening illnesses. But there is scope for potential abuse of the system. And the idea that no one is regulating the medical safety aspect of it, is slightly frightening.

'They Want Their ID Chips Now' is a slightly weird story that Wired published on the subject sometime back.

(via GMSV)