  We study the thermal properties of the O(N) vector-like scalar theory in the
singlet sector in 2+1 dimensions. This theory is conjectured to be the AdS/CFT
dual of Vasiliev higher spin gravity. We find that a large N transition occurs
but only at a very high temperature of order \sqrt{N}. This corresponds to the
bulk Planck energy. The transition signals a decrease in the number of degrees
of freedom from that expected in the simple higher spin gas, due to relations
among the O(N) bilinear invariants.
