The tech industry relies, in part, on the hot air pulsating forth from its own grandiose delusions to keep it going. As president and CEO of the Consumer Technology Association, a powerful industry trade group, Gary Shapiro has an important role in belching out plenty of that hot air—and he recently did just that.
One of the most prominent tech industry trade groups has abruptly switched its position on President-elect Donald Trump and is now supporting the incoming administration, declaring that it’s “optimistic” about the future.
Yesterday, Obama's Chief Technology Officer went to Vegas to hang out with Blam, Chen, Frooch, et al. And what did he get from Consumer Electronics Association head honcho? Not a request for POTUS's cell number, but a bollocking.
Before Sony CEO Sir Howard Stringer jumps onstage to deliver the second day keynote, CEA President Gary Shapiro is trying to rally the troops but drops this bomb: The industry's gonna shrink this year. The industry has only shrunk three other times in the last four years—it's grown every other year. 2008, even, saw…