I just watched The Social Dilemma yesterday, scaaaary
But seriously? Do they actually expect to make money from this? I don’t imagine they make any profit on the Oculus headsets, at least not enough to make back what they spent on Oculus. And I’m sure they haven’t recouped their development costs on the video chat devices, even with the whole pandemic. You know, the sooner the current tech bubble pops, the sooner we won’t have to listen to yet another ecommerce, social media, or software firm try peddling yet more ill-conceived physical hardware that will never be a money maker. Bring on the bubble burst, we’ve got too many malinvestments to clear out!
"Hey there, I see you are experiencing higher than normal wrist activity! Can I sell you some muscle relaxer so you can keep going for longer?"Get ready for targeted ads based on your activity level.
I think it's actively bad for Facebook to be in possession of the data that comes from a smart watch and use it to target ads to users.People laughing about this don’t understand that this is ultimately a good thing for competition and thus a good thing for us. Super glad you lot aren’t in charge of any major decisions![]()
For the same reason Amazon thought it could make a phone, I suppose. It’ll probably crash and burn harder than the Kindle Phone.They appear to not have made a dent in Amazon. What makes them think they can take on Apple?
This is laughable. FB will not be able to realistically compete with Apple in this area. The phonebook addicts who don't care about being abused by FB may buy one.
I like that thinking.I really want FB to pour billions into this project. Just like Microsoft poured billions into their failed imitations of the Apple Retail Stores.... those Microsoft stores have been closed down. Failure. Money sink. Out of business.
Gonna be a tough sell considering I deleted the app from my phone.
Facebook is developing a smart watch that will focus on messaging and health features, according to a new report from The Information. Wearers will be able to send messages with Facebook services like Messenger and WhatsApp, and it will work with a cellular connection without a tethered smartphone.
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Health features like options to track workouts with friends or communicate with trainers will be included, and the watch will be able to connect to services provided by health and fitness companies like Peloton. Facebook's upcoming watch is said to run a version of Google's Android software.
Facebook plans to sell the smart watch at close to its production cost, which is also what it does with the Oculus headset. There's no word on what pricing will be, but competing products range in price from $150 to $400+.
It's not likely a smart watch will go over well with those who have concerns about Facebook's data collection. Amazon recently released a "Halo" fitness band that has been derided for its invasiveness. Facebook already makes some consumer hardware products including the aforementioned Oculus and Portal camera and tablet devices.
A Facebook smart watch would need to compete with the Apple Watch, which is one of the best selling wearables on the market. Just this morning, a report suggested that more than 100 million people globally own an Apple Watch. Facebook is also working on its own Ray-Ban branded smart glasses that would compete with rumored products coming from Apple in the next few years.
Facebook is aiming to start selling its smart watch next year, with a second-generation planned for as soon as 2023. The Information says that development is "far along," but there's always still a chance the product could be scrapped.
Article Link: Facebook Working on Smart Watch to Compete With Apple Watch