CSMastermind writes "CNN is reporting on a breakthrough technology. A startup called Powercast has developed and patented a device, the size of a dime and costing 5$ to make, which allows power to be transmitted wirelessly. The device has already gained FCC approval and the company has inked deals with the likes of Phillips. From the article: 'Powercast says it has signed nondisclosure agreements to develop products with more than 100 companies, including major manufacturers of cell phones, MP3 players, automotive parts, temperature sensors, hearing aids, and medical implants. The last of those alone could be a multibillion-dollar market: Pacemakers, defibrillators, and the like require surgery to replace dead batteries. But with a built-in Powercast receiver, those batteries could last a lifetime. '"
"Why should we subsidize intellectual curiosity?"