Interpreted Prediction
Predicted that older swiper credit card payment systems will no longer be functional within a couple of years from the video publication date.
AI Evaluation Notes
The prediction stated that older swiper credit card payment systems would no longer be functional within a couple of years from August 2024. While there is a global trend towards phasing out magnetic stripes, spearheaded by companies like Mastercard with a gradual timeline extending beyond the predicted timeframe (e.g., 2027 in the US for Mastercard new cards), swiper systems remain functional and are still commonly used, often as a backup to chip readers.
Prediction Details
Topic
Target
Old swiper credit card systems will no longer work
Predicted
date
Within a couple of years (from 2024-08-25)