AI, 5G and NextGen TV Named 2020 Top Tech Trends

Live Reporting on Innovation from the Consumer Electronics Show

TORONTO, Jan. 2, 2020 /PRNewswire/ — International bestselling author and social media influencer Jim Harris will be covering CES live from Las Vegas, during the Media Days on January 5 and 6, and throughout the show January 7-10.

Jim Harris

CES is the world’s largest electronics show, with 175,000 attendees (61,000 from countries outside the US). More than 7,000 international journalists attend and cover the event which has 4,400+ exhibitors taking up 2.9 million square feet show space (equal to 50 football fields). CES is the industry’s most important event where new products are launched and innovations revealed.

Top Tech Trends 2020

Artificial intelligence, 5G and NextGen TV will be three of the top tech trends at the 2020 Consumer Electronics Show (CES).

The top tech trends will be:

Artificial Intelligence in Everything
Artificial Intelligence (AI) will be embedded in everything. Between 2020 and 2024 the sale of AI chips is predicted to grow by 20% a year, twice as fast as the overall semi conductor industry (9%), according to Deloitte TMT prediction.

By 2024 AI chips sales will exceed 1.5 billion globally. Smartphones will account for more than 70% of all AI chips in edge devices.

In 2019 my $1,000 smartphone had more raw computing power that IBM’s Deep Blue super computer of 1997 that cost $100 million. Within 8 years the new smartphone that I buy will be 250 times more powerful than my current one because of AI and more powerful chips.

Artificial Intelligence is predicted to create $3.9 trillion of business value by 2022.

Jim Harris at CES

5G Revolution
The 5G revolution will be one of the most discussed topics at CES. The very first 5G smartphones were introduced in 2019 and are estimated to have sold 5 million units worldwide, according to Counterpoint Research. Sales will grow exponentially, reaching 1.5 billion 5G smartphones in 2025.

5G will bring blistering fast speed: you’ll be able to download a Hollywood high definition movie in 3.6 seconds. Throughput will be 100 times faster than 4G LTE.

5G will also allow up to one million connections per square kilometer (100X more than 4G LTE), allowing billions of ‘Internet of Things’ (IoT) devices to be connected.

NextGen TV
NEXTGEN TV will transform television as we know it. You’ll be able to watch TV programs on ANY DEVICE – your smartphone, laptop, tablet or TV.

You’ll be able to get it ANYWHERE – in your living room, at a coffee shop on your laptop, in your car, on a train (at 124 miles per hour), at the office, and in the stadium while watching the game, so you can see replays right after they happened on your smartphone.

ANY TIME – NEXTGEN TV enables on demand services. So traditional TV will have the flexibility we have come to expect from streaming services. You’ll be able to pause, resume and rewind and fast forward traditional TV programs.

#CES2020 Official Hashtag
The official hashtag for CES is #CES2020. Jim will be tweeting his insights on what’s new, exciting and innovative live from Las Vegas. Follow him on Twitter at @JimHarris.

Jim Harris is one of the Top 50 digital influencers globally and at CES 2017 his Twitter account was the most influential personal account in the world.

Jim Harris is a leading international disruptive innovation speaker. His last book Blindsided is published in 80 countries worldwide and is a #1 international bestseller. You can see one of his talks at: https://www.youtube.com/watch?v=WbfRPztsKLY

For interviews reach Jim at jim@jimharris.com or (416) 388-3432.

Smart Home Evolution

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Smart homes are expected to grow to a $4.5 billion market in 2019 in the U.S., according to CTA. That a 16% growth rate over 2018 making it a very hot market.

The Intelligence of Things
The “Internet of Things” (IoT) is shifting to the “Intelligence of Things” – as artificial intelligence (AI) is increasingly embedded in the smart devices in our homes. For instance, Google’s new Nest Hello is a video doorbell that pulses in color and records who comes to your door. It also includes face recognition. When the doorbell is pushed, it notifies your phone allowing you to talk to the person whether you are at home or not.

Once you identify your FedEx courier, when he comes to the door, it will recognize him. Flo by Moen is another example. It’s an IoT device installed on the water main coming into your house. Flo can detect a leak as little as one drop per minute so rather than a slow leak running inside your drywall and resulting in black mold, you are notified before it is a problem. And if a water pipe bursts, it will turn off the water main and alert you. For the insurance industry, water damage is the leading cause of preventable claims. Some insurance companies now give homeowners a discount on their premiums in return for having this device installed. Flo also was a CES 2018 Innovation Award Honoree.

Smart Home Hub
“Digital assistants have helped to grow the smart home market,” says CTA’s Steve Koenig, “because they’ve reduced the friction of control.” Amazon Alexa and Google Assistant are the anchors for smart home devices. In 2019, I predict Alexa will break 100,000 skills. Skills are capabilities or voice apps. For instance, the Dominos skill allows you to just say “Alexa, order my favorite pizza.” “We are entering the decade of voice,” says Koenig. These smart speakers have seen explosive growth: only 8% of U.S. households owned one in 2017 but that doubled to 16% in 2018 and will double
again in 2019 to 31%. The installed base is now 71 million units, according to CTA’s 21st Annual Consumer Technology Ownership Study and Market Potential Study.

Smart Thermostats
CTA forecasts that 13% of U.S. households will have a smart thermostat by the end of 2019. Smart thermostats – like Nest and Ecobee – use AI to save homeowner’s energy use both for heating and cooling. Google’s Nest advertises that it saves homeowners 10% to 12% of their energy bill. The average electricity bill in the U.S. is $112 a month while the average gas bill is $82. In total, utilities cost an average U.S. family $2,200 a year or $22,000 over a decade so the savings are significant.

What’s Next?
The house itself will become intelligent. For example, many people love the app that helps them find their smartphone. For Android users it’s Find my Device app and for Apple it’s Find My iPhone. The beauty of these apps is even if your phone is off, this app will turn it back on and get it to make a noise so you can find it. Every year more than 430 people die in the U.S. because of accidental carbon monoxide (CO) poisoning, according to the Centers for Disease Control and Prevention. It’s an odorless gas. Imagine a carbon monoxide monitor and app that can turn your phone on, in the middle of the night and alert you to dangerous levels of CO in your home. This app could save almost 5,000 lives within a decade. And that’s the smart home of the future – a home that cares for its occupants.

Jim Harris is a leading international disruptive innovation speaker. His last book Blindsided is published in 80 countries worldwide and is a #1 international bestseller. You can see one of his talks at https://www.youtube.com/watch?v=WbfRPztsKLY

Jim Harris is one of the Top 50 digital influencers in the world.

For interviews, contact Jim Harris, jim@jimharris.com or by calling (416) 388-3432.

OLED TVs Hit Prime Time

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Sales of OLED (Organic Light Emitting Diode) TVs grew 60% in 2018 in the U.S. and are set to roughly do so again in 2019.

“OLED to many consumers is still a very new technology,” says John Taylor, senior vice president at LG Electronics USA. OLED technology was originally invented by Kodak scientists in 1987. The technology was first introduced in televisions in 2008. “We’re now in the 5th generation OLED,” notes Taylor. OLED has many advantages over today’s dominant LCD technology.

Comparison to LCD
LCD TVs have three layers: backlighting, then the pixels and then a layer of shutters. The backlighting layer is on continuously and it illuminates the pixels in the second layer. When the image called for is black, the third layer of shutters come into play and shut. But some light will still seep through. Because there are three layers LCD TVs are thicker and heavier than OLEDs.

Superior Picture Quality
By contrast, OLED allows each individual pixel to be turned on and of. So, in a 4K TV that means all 8.1 million pixels can instantly be turned on or of. As a result, the blacks are blacker in an OLED TV because there is literally no light. It also means that the contrast is sharper and colors are brighter.

Ultra Thin and Lightweight
With only one layer, OLED panels are not only lighter, but ultra thin. At CES 2019, LG showed of its “Wallpaper” OLED TV that is only 2.57 mm thick (one tenth of an inch). In 2019 LG will be releasing a 65-inch rollable TV — that scrolls out of a box for viewing. Other brands selling OLEDs globally include Sony, Panasonic, Toshiba, Philips, Hisense and Bang & Olufsen.



Dramatic Price Drop

OLEDs are found in higher end TVs that are 55-inches and larger. OLED costs have been dropping dramatically. In 2013 OLED costs were 16 times greater than average sized LCDs. By 2022, the cost difference is predicted to be three times less, notes Steve Koenig, vice president of market research for CTA. In the 55-inch TV category and larger, the price difference is slightly double that of LCDs and will remain so until 2022, says Koenig. OLEDs will only make up 3% of the 42 million TVs that will be sold in 2019 in the U.S., but they will represent 10% of the total market revenue because they are the premium, large format TVs.

By contrast LCDs are a mature, stable technology and sell in high volume accounting for 97% of the market. By 2022 OLEDs are predicted to represent 8% of the unit volume of the U.S. TV market but will make up more than 20% of the total revenue, according to CTA. The rapid growth of TV set sales is in TVs that are 55-inches and larger (both in the U.S. and globally). A staggering 33% of all TVs sold in 2025 will be 60-inch or larger according to IHS Markit.

Jim Harris is a leading international disruptive innovation speaker. His last book Blindsided is published in 80 countries worldwide and is a #1 international bestseller. You can see one of his talks at https://www.youtube.com/watch?v=WbfRPztsKLY

Jim Harris is one of the Top 50 digital influencers in the world.

For interviews, contact Jim Harris, jim@jimharris.com or by calling (416) 388-3432.