"Intel cuts electric cords with wireless power system."

Meanwhile, in Against the Day...

Up in his penthouse suite, Scarsdale had moved on to the business at hand. "Back in the spring, Dr. Tesla was able to achieve readings on his transformer of up to a million volts. It does not take a prophet to see where this is headed. He is already talking in private about something he calls a 'World-System,' for producing huge amounts of electrical power that anyone can tap in to for free, anywhere in the world, because it uses the planet as an element in a gigantic resonant circuit. He is naïve enough to think he can get financing for this, from Pierpoint, or me, or one or two others. It has escaped his mighty intellect that no one can make any money off an invention like that. To put up money for research into a system of free power would be to throw it away, and violate--hell, betray--the essence of everything modern history is supposed to be....

"If such a thing is ever produced...it will mean the end of the world, not just 'as we know it' but as anyone knows it. It is a weapon, Professor, surely you see that--the most terrible weapon the world has seen, designed to destroy not armies or matériel, but the very nature of exchange, our Economy's long struggle to evolve up out of the fish-market anarchy of all battling all to the rational systems of control whose blessings we enjoy at present."

- from Against the Day, Thomas Pynchon