

It does have its use case, especially since Things are so bloody expensive nowadays.
When a replacement car key costs $2000, some people may chose to pay $50 for a keyring that makes it easy to find them when the lose them down the back of the sofa, regardless of the privacy implications.
That said, I have never had to search for the two items I have an AirTag attached to; although an AirTag in my wallet would be handy.
Our local Street Racing in the 1970s also included an entrant provided by the Local Police. They also provided road closures and crowd control and usually won, reinforcing the idea that if you took part in illegal street racing, you were likely to get caught.
There has been a huge crackdown on Street Racing in the last 50 years and we no longer locally manufacture Muscle Cars.
The former Street Racers have turned to 4WDing and have been tearing up 4WD tracks and Firebreaks since.
This makes it difficult for Hikers, Horseriders, Mountain Bikers, campers and recreational touring 4WDers, as well as park rangers and firefighters.