Electromagnetic Interference (EMI) is an electromagnetic field generated by an electronic device that has the potential to disrupt the operation of electronic components in its vicinity.
Radio Frequency Interference (RFI), which is more specific than the above, is interference located within the electromagnetic spectrum associated with radio waves.
There have been some links that prolonged EMI/RFI exposure can lead to cancer. However, more importantly, EMI/RFI exposure can degrade computer component performance, and thusly, multiplayer performance!
They are dangerous stuff, which is why I always wear my tinfoil cap...