In this brand-new PowerTalk interview series, I'll take you inside today's hottest companies, interviewing top management about how their business is going and what's on the horizon for their companies. Plus, I'll connect you with industry experts who will explain exactly what's happening with today's hottest trends -- giving you the confidence to know when and where to invest your money.
This week's PowerTalk interview is with Gary Shapiro, President and CEO of the Consumer Electronics Association, boasts more than 2,000 members -- from startup entrepreneurs to Google. Gary is also the author of two books -- The Comeback: How Innovation Will Restore the American Dream and the upcoming Ninja Innovation: The Ten Killer Strategies of the World's Most Successful Businesses, due out on January 8th.
These days consumer electronics make up what I call "the new fabric of our lives", with the average American family having 25 consumer electronic products. In fact, data shows that 3 out of 4 holiday gift givers plan to buy an electronic product this year. Gary takes us through some of the big products of the season.
We'll also talk about what to expect at the widely anticipated Consumer Electronics Show coming up in January. It's the world's largest annual trade show with 3,000 exhibitors and over 160,000 people from various parts of the electronics industry in attendance. This year's hot topics are expected to include new "Ultra HD" high resolution TVs, wireless healthcare (a key driver of my Living Longer Lives PowerTrend), touch and gesture technologies and automotive consumer electronics.
Gary's 20 years of experience with consumer electronics have given him some fascinating insights into the role technology and innovation plays in driving our country and our economy forward. The interview is a wonderful talk on how consumer electronics have come to permeate every facet of our lives.