Abstract: Speech recognition systems are a key intermediary in voice-driven human-computer interaction. Although speech recognition works well for pristine monologic audio, real-life use cases in open-ended interactive settings still present many challenges. We argue that timing is mission-critical for dialogue systems, and evaluate 5 major commercial ASR systems for their conversational and multilingual support. We find that word error rates for natural conversational data in 6 languages remain abysmal, and that overlap remains a key challenge (study 1). This impacts especially the recognition of conversational words (study 2), and in turn has dire consequences for downstream intent recognition (study 3). Our findings help to evaluate the current state of conversational ASR, contribute towards multidimensional error analysis and evaluation, and identify phenomena that need most attention on the way to build robust interactive speech technologies.