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What the beep? Barcodes get an upgrade 50 years after first scan
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The video discusses the history and evolution of barcodes, starting with the first scan of a Wrigley's Juicy Fruit gum pack in 1974. Barcodes are scanned 10 billion times daily worldwide, primarily for price lookup. The industry is transitioning from traditional UPCs to 2D barcodes, which provide more detailed product information, including ingredients and allergens. A survey shows 77% of consumers value product information. Companies are adopting 2D barcodes, aiming for full rollout by 2027.
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