The way this has been reported makes Evan Spiegel sound like a maniac with delusions of grandeur.
"Snapchat has also changed its company name to Snap, Inc as it has expanded its portfolio past its Snapchat app, similar to how Apple changed its name from Apple Computer". - I'm Just like Apple.
"Spiegel thinks of the newly-dubbed Snap, Inc as a camera company rather than a social media company..." No. As good or successful as Snapchat is, it's a social media app that works via networks enabled by sticking the thing on a smartphone. When Apple said/implied "we're not just a computer company anymore" (paraphrasing here, not a direct quote) there was substance behind it. Will Spiegel's "toy" (his words) and "because it's fun" project be seen as the next iPod?
"He studied the early histories of Kodak and Polaroid and how they pitched portable cameras to the public" - What? From 1888?! When, y'know photography was
exactly the same as it is in 2016?
I suspect that he's been reported out of context by the WSJ, but if he's really pushing this back story, it's a bit of a laugh.
Had he suggested that pushing a gimmick as far as it could go was his motivation, then I could understand Spectacle, but currently the whole thing reeks of disingenuous smarm.
Kids will love it.
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While this is intended for the Snapchat generation, I can't help but imagine a more mainstream application for something like this.
Google Glass was too early for its time but its time may be coming. A pair of glasses that records everything that you see while wearing them is something that could exist in an era of unlimited storage which cloud computing will inevitably lead to. Artificial intelligence able to recognize and index objects, moments and people would make it possible to search our lives for memories. "Show me that time when I first noticed my wife walking out of Macy's".
There's a privacy concern that is gradually fading away as the generation that Spectacles was built for have grown up expecting cameras everywhere and not only not caring that they're being filmed but craving it. Older folks will hate it but the world will no longer be built for them.
Your scenario doesn't work, at least on a emotionally connected level.
"Why are you wearing those, darling?
"So I can remember/file this moment (to be accessed) forever, of course"
"Darling why are you wearing those?"
"In case I need to remember what you look like without your clothes on for, y'know, later on when I'm on my own"
"Oh, that's OK"
"Show me that time when I watched that guy punch in his (secret Number) for his bank/safe/whatever"
Humans have no need to record memories in such a way, and besides, there can't be a time when everybody equally has to wear such a device, unless of course they are forced to from birth, but that doesn't sound very nice.
What about censorship? Privacy? What about that time when you watched someone else's wife walking out of Macy's?
What about the time when someone else is watching your kids without you knowing about it?
Let's say that with technology in it's current state, we already have problems with privacy and security, but we also have a moral choice about those things too. What we decide to record, view, share, publish, is driven by a human need to be a better (or worse) human. Self censorship is more powerful for the individual, and culturally, than an encrypted AI led algorithm that will store your every waking hour and interaction.
People need to learn to reconnect with each other in more visceral ways rather than living inside technology based interactions. Oh yes, with VR and physical feedback built into interfaces like phones and whatever else, the technology is already there to help you believe that you're physically interacting with your wife/husband/partner/pet, but given the actual reality of the situation I'd rather have a real cuddle with my wife than a pretend one.
And the rest of that story is, and will always remain, private.