Why CES 2023 sucked

Wall Street Unplugged - What's Really Moving These Markets

Frank Curzio

Business, News, Commodities, Debt, Investing, Macroeconomics, Gold, Personal, Uranium, Oil, Economics, Business News, Geopolitics, Industry, Crypto, Stocks, Curzio, Trading, Finance, Research, Investments, Tokens, Talk, Crisis

4.5 • 1.1K Ratings

🗓️ 10 January 2023

⏱️ 42 minutes

🔗️ Recording | iTunes | RSS

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Summary

I’m back from the Consumer Electronics Show (CES). Long-time listeners know I look forward to attending this event every year… playing with the latest gadgets… and talking to thousands of companies about what’s shaping the tech landscape. But this year’s show was a total letdown. I share the handful of issues that left me disappointed with this year’s event… along with a few highlights worth mentioning… For one, 3D printing is making progress going mainstream. I tried out a great new app that let me scan my face to make my own 3D-printed action figure. And for the first time in CES history, the metaverse had a major presence. I explain how the metaverse industry will evolve in a similar way to what we’ve seen in streaming services… and who I think will become “the Netflix of the metaverse.” I also share one of the coolest experiences of the weekend: A virtual reality afterparty… in Jurassic Park. In this episode Why CES sucked this year [2:25] Which big tech names were missing [11:20] Electric vehicles (EVs) were a big disappointment [19:15] How metaverses will be like streaming services [23:45] 3D printing is finally going mainstream [24:55] A virtual reality afterparty in Jurassic Park [27:55] Enjoyed this episode? Get Wall Street Unplugged delivered FREE to your inbox every Wednesday: https://www.curzioresearch.com/wall-street-unplugged/ Wall Street Unplugged podcast is available at: --: https://itunes.apple.com/us/podcast/wall-street-unplugged-frank/ -- : https://www.stitcher.com/podcast/curzio-research/wall-street-unplugged-2 -- : https://www.curzioresearch.com/category/podcast/wall-street-unplugged/ : https://twitter.com/frankcurzio :. https://www.facebook.com/CurzioResearch/ : https://www.linkedin.com/in/frank-curzio-690561a7/ :

Transcript

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0:00.0	Wall Street Unplug looks beyond the regular headlines,
0:05.0	heard on mainstream financial media to bring you unscripted interviews
0:08.7	and breaking commentary direct from Wall Street, right to you on Main Street.
0:12.7	Let's go down there as January 10th.
0:18.2	I think there's just a Wall Street Unplug, Pakistan, we'll pick the headlines and...
0:24.0	I'll tell you what's really moving these markets.
0:30.0	We'll follow you back from the CES, like a traditional electronic show,
0:36.0	a little under the weather,
0:39.0	to see like every single circle I was in, so I was coughing the heads off and sick.
0:44.0	And nobody really cared, which is cool.
0:50.0	If I should compare the past few years, 2021, they canceled the in-person part of CES.
0:56.0	They had it online, which was terrible.
0:58.0	Last year, only 2000 companies showed,
1:01.0	but we had tons of cancellations,
1:04.0	pretty much a week, two weeks into the show,
1:08.0	if these companies said they were going to be there,
1:10.0	because Omicron started to surface, started to spread like crazy.
1:14.0	And you only had about 60,000 people show up,
1:17.0	and this was last year.
1:18.0	Compared to on average, it's over 170,000 pre-COVID.
1:24.0	This year, they had over 100,000, over 3,200 companies,
1:31.0	and more than double from last year,
	...

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