oh my gosh and they say the number of adult smart speaker users will surpass that of wearable device users for the first time this year unsurprisingly early adopters were a fluid males but it's noted that the gap is tightening rapidly as the device increases traction among other demographic groups particularly younger gen x. women with children number one alexa with forty point seven million at least once a month users that's sixty six point six percent of all smart speaker users runner up google home predicted to hit eighteen million users this year and that's a distant second but google's share is increasing rapidly and running out of pakistan apple's pricier home pod which has yet caught on and here to give us more on this technology is technology buff holly cook the host of the big picture with holland cook himself holland thank you for being here free shit so you know who is this alexis alexe and what is she doing to our house and how many products have an

annual forty seven point nine percent growth rate imagine raising crazy numbers what she's doing is accommodating us because if you look at the way technology has evolved we used to type computer equals keyboard then along came wearables maybe i have to keep track of how many steps you're taking apple watch there are sensors in clothing etc now you don't have to lift a finger literally you can just bark at the smart speaker and she will accommodate you to the new word now the new buzzword is voice shopping so using using what you say doesn't say what you want what are we asking alexa to get for and how much of our money is she spending do we know about it make sure that you say that with tremendous nonchalance at dinner parties voice shopping it's all ready to be billion dollars annually by twenty twenty two it's forecast to hit forty billion dollars. and all along the way it's established so far six percent of the

e-commerce spend so this is not insignificant what we're buying with it is come oddities groceries number one but twenty percent of users buy groceries entertainment and electronics not surprisingly but the sweet spot for who's ever selling stuff online is subscriptions and this friction free way to say or to me some more of those paper towels is gold if you're selling the paper towels if you done this by the way if you ordered things online yourself i have a lexus or i haven't yet but i do have a lexus and i got lured into amazon prime because the shipping alone cost justifies it so now suddenly i can say play crosby stills and nash and she'll start shuffling those songs now i have dibs on this vast video library so amazon just wants to get you into their walled garden and they've made it so easy because you can ask her

what is the cube root of sixteen eighty four she knows it yeah right stuff is all out there so it's another way to interact and since amazon is selling everything this is great news for them it this is the new store front and do you think i mean when e-commerce came on it really you know sort of iraq and then rolled the retailers around it is this you know voice commerce really going to sort of fuel inject that make it even more troubling for the brick and mortar stores you've got to think so although the days that jeff bezos bought whole foods i happened to be going into one and right there at the entrance was a big poster for selling alexa she got there instantly they have the first mover advantage and smart speakers because they're all over the place it's the world's biggest retailer amazon prime is the walled garden they've got a whole foods they're going to use. some of those toys r us stores is depot so

we've read from some of the survey data eighty five percent of consumers will select the products that alexa recommends so if you're on magine that that's a huge deal forty five percent of grocery orders replace existing store online purchases so you talk a lot about disruption on the show and what's cool about amazon recently we talked about netflix they lead by disrupting themselves he bought whole foods. you know it's crazy and it sounds sort of fun and i can see you know add to my grocery list select this this that another thing to talk about a time saver really could be helpful before we go on to talk about radio a little bit you're a radio guy anybody who listens to you knows you're a radio guy but in the competition for advertising dollars does the broadcasting industry view elect some of the others out there as a friend or as

a foe of both and we hear the word audio a lot we used to think of radio as am and f.m. broadcasters but the advent of podcasting and now the way music has been commodity is from the cloud think audio advertising dollars are going there smart stations are enabling what they call skills so you just have to say play k t b b and the radio station comes on the good news is this brings radio back in the home it's kind of become an in car thing we used to have a clock radio now the smart phone does it the kitchen radio has been replaced by a t.v. but a lot of people who own the smart speakers own multiple of them and this does put radio back in all of those rooms if stations have given you a reason to use it otherwise you just say play crosby stills and nash and there's your rock block is the quality pretty good it's great so it. i mean you used to be

where you're going to build a home you're say i'm going to put a speaker system in and have speakers in all the room now you really could just get intellects in a few major rooms that you're in it would take care of it to this trained ear it's as good as what dr bose was doing and you realize that during this conversation we've had we've said alexa enough that we're probably activating them all over the house where people are watching us. alexa turn to our team america that's holland cook the host of the big picture here at r.t. america thank you my friend. and now we take a look at the business of fashion artistry charice has the story. now of the u.s. economy continues to grow one of the main factors that is driving it is the fashion industry now we are here on fifth avenue which is one of the most iconic places in the world to shop for a high quality fashion but we're going to take a closer look at exactly how much fashion hot i don't at least once a week or maybe twice a week with

a growing number of high value jobs that pay higher wages and commissions fashion is now having a big impact on not only fashion centers from coast to coast but also around the world in fact according to a recent industry analysis by the u.s. consensus bureau fashion is a three trillion dollar industry that's two percent of the world's gross domestic product everyone or one month or every two weeks something new i buy it according to fashion united luxury goods brought in almost three hundred forty billion dollars men's wear a total of four hundred two billion and women's wear generating a whopping six hundred twenty one billion dollars not to mention bridles where children's wear and sports but where that bring in a combined total of over three hundred thirty three billion dollars. generating around twenty four point eight million fashion industry jobs and that's not including the textile industry in fact to give an example of exactly how fruitful

the fashion industry is for the first time in a hundred and eight years chanel house released its earnings for two thousand and seventeen and reportedly made a whopping nine point four billion dollars that's a lot of percent increase from the previous year meantime louie baton a best seller in the fashion industry brought in about nine point three billion dollars in sales last year according to reuters report although other reports do suggest that the fashion powerhouse brought in more than ten billion meanwhile here in the u.s. the market share of the fashion industry is worth nearly four hundred billion dollars which is about four percent of the divest that market. are you creating a workforce of about one point eight million jobs meanwhile new york city is considered to be one of the biggest fashion as in the world so it's no wonder why over one hundred eighty five thousand people work here and the fashion industry reporting in new york trinity job that are taking.

and before we go if you're a regular boom buster you've heard me say the numbers matter they mean something i say it all the time on the air and off well earlier today president trump's topic nomic advisor larry kudlow made a big mess of the numbers he was being interviewed on fox business and he falsely claimed that the federal deficit was actually coming down he said quote the deficit which is one of the other criticism is coming down and it's coming down rapidly the only problem is it's not coming down the deficit for the fiscal year twenty sixteen two years ago was five hundred eighty seven billion dollars for last year twenty seventeen it was six hundred sixty five billion that went up guys even if you were talking about this year the current fiscal year twenty eight team which ends in september the congressional budget office cvo says the deficit is already five

hundred thirty billion dollars through may which is up more than ninety seven billion for the same time last year but wait there's more c b o also says the trillion dollar tax the trillion dollar plus tax cuts that were passed last december will be even more to the federal deficit will add to it including any growth from tax cuts to the hot and tasty tune of wait for it. one trillion dollars per year that's per year an additional one trillion dollars by two thousand and twenty just and two short years i mean tax cuts can certainly help reduce the deficit i understand that you bring in more revenue they can help reduce they can add more to the add more to the government coffers and therefore the debt deficit may not look as big but to say that it's going down would be a mistake i mean perhaps it's not rising as fast but it's still rising and look the final thing is look we all make mistakes i make a lot i mean i make one when i'm talking to you now if we make a mistake on

a number we try to correct it as soon as possible but when your job as the top economic adviser for the present the united states for gosh sakes you make a false claim correct it mr kudlow nor his representatives have chosen to comment on the air and that's it for this time you can catch boom bust on direct t.v. channel three twenty one dish network channel two eighty or streaming twenty four seven on pluto t.v. the free t.v. channel one thirty two or as always hit us up at youtube dot com slash boom bust our catch a next time. you .

no i'm not. going to go.

the divisions in us society could be more dangerous than thought with a recent poll finding that nearly a third of americans believe a civil war is possible. meanwhile president trump refuses to rule out recognizing crimea as part of russia ahead of the summit with vladimir putin. and the world cup in russia enters the knockout stage with sixteen teams still in it to win it first up vying for a place in the quarterfinals are france and in argentina. a very warm welcome to the program from me and the whole crew here at r t h.q. in moscow thanks for tuning in this hour. deep divisions along party lines and

fears over immigration to raise concerns for the ultimate fate of the u.s. almost a third of americans polled said they thought a second civil war was possible kill them off and picks up the story. pretty hard to believe sounds almost like click or internet sensationalism but it turns out that a number of americans actually do believe that civil war is a possibility furthermore the same poll indicated that roughly sixty percent of americans believe that backlash to donald trump's policies could turn violent the debate surrounding trump's immigration policies and the media fuming over it the gun control debate and the white house in the intelligence community not getting along that has been quite explosive it times a member of the u.s. congress recently raised eyebrows when he compared the current atmosphere to the lead up to the u.s. civil war the way he put it the usa could be headed toward fort sumpter that was the symbolic attack by slave states the session is the longest war back in eight

hundred sixty one there's even now talk of twenty four seventh's security for members of the trumpet ministration congresswoman maxine waters makes no bones about the fact that she's ready to take the fight against donald trump way beyond capitol hill and the voting booth in the gaiety even though she wants. to stay. on the gas station you. are you and you are you ok maxine waters herself has now been flooded with a number of threats and actually canceled several speaking events so let's see how people on the streets of new york feel about the rising polarization of american society what percent do you think said it was possible in the next five years. i would.