CNN at CES: ‘Rows and rows of health and wellness startups’

By Steven M. Peters Updated Jan 11, 12:45PM EST · Published Jan 10, 9:05AM EST

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Brian Stelter toured the floor. This is what caught his eye.

From Thursday’s Reliable Sources’ email blast: Hello from Las Vegas.

I don’t need a smart voice assistant embedded in my bathroom mirror. Or do I? That’s what you start to wonder. Apple, Amazon and Google’s voice platforms were omnipresent. I mean, I’m pretty sure I don’t need a voice enabled kitchen faucet. But… maybe? Around the corner, a “parasol automation device.” A voice-controlled umbrella? Sure, why not…

Hopefully someday soon the word “smart” will just be assumed about all these products. If it’s not smart, it’s “connected:” Motion detection cameras, GPS trackers for pets, personal ultrasounds, robot companions, connected bike helmets, voice powered rings, digestive trackers, digital assistants for drivers. Personally I was most intrigued by the rows and rows of health and wellness startups. Tim Cook‘s quote from Tuesday came to mind: “If you zoom out into the future, and you look back, and you ask the question, ‘What was Apple’s greatest contribution to mankind?’ It will be about health.”

My take: I know Tim Cook has been getting a lot of mileage out of that quote, but color me skeptical about whether a) Apple can make us healthy and b) That’s how historians will remember Apple.

Buy hey, I wasn’t there. I used to attend CES long ago, when Time Magazine paid my way. I would leave after a day or two, angry and dispirited. So many bad ideas! So much wasted money and effort!

[apple-subscribe]

DISCLOSURE:

Customer must fund their Active Invest account with at least $50 within 45 days of opening the account. Receive a minimum of $15. Probability of member receiving $3,000 is a probability of 0.026% If you don’t make a selection in 45 days, you’ll no longer qualify for the promo. Percentages for the $3,000 are subject to decrease. See full terms and conditions.

INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE Brokerage and Active investing products offered through SoFi Securities LLC, member FINRA(www.finra.org)/SIPC(www.sipc.org). Advisory services are offered by SoFi Wealth LLC, an SEC-registered investment adviser. Information about SoFi Wealth’s advisory operations, services, and fees is set forth in SoFi Wealth’s current Form ADV Part 2 (Brochure), a copy of which is available upon request and at www.adviserinfo.sec.gov. Probability of Member receiving $1,000 is a probability of 0.026%; If you don’t make a selection in 30 days, you’ll no longer qualify for the promo. Customer must fund their account with a minimum of $50.00 to qualify. Other fees, such as exchange fees, may apply. Please view our fee disclosure to view a full listing of fees. Investing in alternative investments and/or strategies may not be suitable for all investors and involves unique risks, including the risk of loss. An investor should consider their individual circumstances and any investment information, such as a prospectus, prior to investing. Interval Funds are illiquid instruments, the ability to trade on your timeline may be restricted. Brokerage and Active investing products offered through SoFi Securities LLC, Member FINRA(www.finra.org) /SIPC(www.sipc.org). There are limitations with fractional shares to consider before investing. During market hours fractional share orders are transmitted immediately in the order received. There may be system delays from receipt of your order until execution and market conditions may adversely impact execution prices. Outside of market hours orders are received on a not held basis and will be aggregated for each security then executed in the morning trade window of the next business day at market open. Share will be delivered at an average price received for executing the securities through a single batched order. Fractional shares may not be transferred to another firm. Fractional shares will be sold when a transfer or closure request is initiated. Please consider that selling securities is a taxable event. Options involve risks, including substantial risk of loss and the possibility an investor may lose the entire investment Before trading options please review the Characteristics and Risks of Standardized Options Investing in an Initial Public Offering (IPO) involves substantial risk, including the risk of loss. Further, there are a variety of risk factors to consider when investing in an IPO, including but not limited to, unproven management, significant debt, and lack of operating history. For a comprehensive discussion of these risks please refer to SoFi Securities’ IPO Risk Disclosure Statement This should not be considered a recommendation to participate in IPOs and investors should carefully read the offering prospectus to determine whether an offering is consistent with their investment objectives, risk tolerance, and financial situation. New offerings generally have high demand and there are a limited number of shares available for distribution to participants. Many customers may not be allocated shares and share allocations may be significantly smaller than the shares requested in the customer’s initial offer (Indication of Interest). For more information on the allocation process please visit IPO Allocation.

Follow 24/7 Wall St. on Google