Could it also be that Android wear was NOT in fact a kneejerk reaction to the Apple Watch,
but a knee jerk reaction to the insane growth of wearables, smartbands, fitness watches and the absolutely insane interest that Pebble managed to attract via kickstarter.
All Long before the Apple Watch rumours started to fly?
Don't get me wrong, I think Android wear is absolutely a "me too" technology and it will get better as it ages.
But I think most people here on MR are mis-attributing where the 'smart watch' and wearables drive recently started.
kdarling had a fantastic post earlier (will try and find it) where google online trends for search clearly show the "smartwatch" uptick starting around the time of the Pebble announcements. it spiked post Apple Watch but was already trending upwards. The Apple watch was very much a "Me Too" product. The difference is, Apple at least took their time to try and "perfect" what they were releasing (though since they're not actually in consumer hands yet, I can't judge if that's acheived yet or not)