When asked about the future of wearable tech and whether the market can truly evolve from under one billion dollars to fifty billion in a few years I point people to two trends which we can’t escape.
Miniaturization is unstoppable – the smartphone today is the supercomputer of a decade or so ago. Simply stated – even though battery technology isn’t evolving as fast as we would like, everything else is.
Although physics seems to be limiting battery performance, it doesn’t mean the technology isn’t advancing, Steve Grady from Cymbet has more
Jennifer Darmour talks about the growth of the Wearable Tech market at Wearable Tech Expo in New York
Five-ten years ago, did people think they would be watching movies on a device which fits in their pocket? Probably not. Likewise, in the next decade would the average person think computing would engulf them – be embedded in their clothing, shoes and jewelry? Same answer… But the tech will inevitably permeate everything we interact with – including our fashion choices.
The second major trend is social sharing. Social networks like AOL from over a decade ago started by allowing users to share text. From there we evolved to photos and now videos. The next logical thing to share is live-streams of your life.
Neither one of these trends can be contested – they are happening clearly and they collide with devices that attach to your person.
What I am saying is there is absolutely no doubt in my mind that most students will eventually stream their first-person view of their classrooms as they sit in class – their walks to classes, etc. Dates will be live-streamed, so will virtually any activity you can think of.
A step in this direction is the new Kapture device which records the last 60 seconds – the idea is to become a Kickstarter campaign and shows how personal logging devices can be used to boost productivity. Quite often I am in a meeting and someone will say something which I think is genius. The challenge is, regardless of who says it, no one seems to be able to remember exactly what was said – at least the precise verbiage.
Kapture should help in this regard but really needs to capture 10 minutes or more to be more foolproof. Still, this device is the future of wearable tech because it intersects miniaturization and life-logging.