Deloitte Schwartz News Today : Breaking News, Live Updates & Top Stories | Vimarsana

 
BLOCK ISLAND, RI  Today wraps the (virtual) convention reporters are scolded for calling “the Consumer Electronics Show.” Years ago, the Consumer Electronics Association changed its name to Consumer Technology Association, as tech things became mere vessels for user experiences.
Radio first-timers I’ve nagged-into attending CES were, at first, intimidated. Even before the pandemic turned life upside-down, technology was changing our lives, every day, in almost every way. Then came 2020, and while many industries took a brutal hit, tech sales grew 5% last year, to $442 billion in retail value.
Trends already in motion have accelerated.
31% of that do-re-mi was spent on “services” i.e., video streaming ($41 billion), and gaming ($47B), and various audio sources other than AM/FM radio. Legacy TV is also challenged, even as 2020 TV sales were best-ever while we were in #StayHome mode. ....

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