In this episode of Work in Progress, Gary Shapiro, president & CEO of the Consumer Technology Association (CTA), joins me to talk about the world’s biggest tech event – the Consumer Electronics Show (CES) 2023 – underway this week in Las Vegas.

More than 100-thousand people are expected at CES to get a look at what’s ahead for us in 2023 and beyond from more than 1,000 exhibitors.

"What we're going to see is the growth of so many categories such as digital health and EV (electric vehicles) and all the different transportation alternatives. It's one of the largest car shows in the world, along with the whole ecosystem and new technologies that are coming, which the car companies are relying on," says Shapiro.

He says there will be a lot of focus on artificial intelligence, virtual reality, cybersecurity, food security, agriculture, sustainability, and entertainment.

"They'll be really cool. You will be inspired and you will come back with 50 story ideas," Shapiro tells me.

Jobs in the Tech Industry

Shapiro agrees that all companies are tech companies, inasmuch as technology plays a role in all industries now – from hospitality to retail to finance to manufacturing.

Over the past few months, there have been layoffs in the tech industry, but Shapiro remains very bullish on the industry and the American workforce.

"There are definitely tech layoffs going on. But even in the tech industry now, there's more jobs open by a two-to-one ratio than there are jobs being lost. It's just a matter of some companies rebalancing. Some companies will do well, some companies will go under, and that's part of the creative destruction. That's an important part of our innovation system," he says.

"There are jobs out there that are in great demand right now. If you're into data analytics, if you're into cybersecurity, you could get a job immediately.

"One of the great things about our country is we are the global leader in innovation in so many areas and there's so many reasons for that. It's our culture. It's the fact that we are an immigrant culture. Most of us came from people who wanted a better life. We're the largest diverse culture in the world of any country. Diversity promotes innovation.

"You could start a small business, and potential employers view that as something that's very positive. So we learn new skills. We're willing to change. We're willing to change what we're doing and we're willing even to do it later in life. I think that's an important thing.

"The tech industry is wonderful because it's been growing for many years now. The growth forever is impossible for any industry. So there's cycles and maturity gives you the opportunity to view that historically and realize we'll get out of this cycle, we'll move forward.

"We have a very strong country, it's still very innovative. We're doing great things. I mean, we always see our own blemishes, but the reality is our people are really bright. Americans, they're talented, they're innovative, they solve problems and they come from everywhere."

Virtual Reality and AI

As its name Consumer Electronic Show suggests, the tech innovations on display are geared toward the consumer, but there is no doubt it will also change the way we work. New technology often means transformed – even new – jobs. How we train for the skills needed for the jobs is also changing.

Virtual reality has been around for several decades now. More and more, it is being used to train workers for both new and old jobs. Shapiro says, "There are things that you would expect and things you wouldn't expect, and you'll see a lot of those at CES."

"We all know where we're going, getting there maybe bumpy and different and not totally as we expected, but the result will be there with VR. The best example that we've been doing for a while already is the airplane cockpit. It obviously costs a lot of money to fly someone on an airplane. It's expensive, it's dangerous,