Just because a new model is released every does not mean you are forced to spring for the latest. It is not as though traditional watchmakers are only releasing a new model once every generation. But there's no doubt there is much curiosity surrounding future model releases.
Right. But you know as well as I do, when Apple Watch 2 comes out with even more sensors, and Apple Watch 3 comes out with even more sensors, what will happen. It's a lose/lose game. You can't use the original iPhone these days for even the most basic of tasks. The original apple watch will soon be in this class. Even if you wanted to avoid the cycle of conspicuous consumption associated with technology these days, you wouldn't be able to unfortunately.
Also, traditional watchmakers don't ask you to purchase iterations of their product. You buy one, and in most cases you are done.