Products like Google Glass and Nike+ FuelBand hint at the future of wearable technology. It looks pretty exciting, especially for entrepreneurs already planning to implement it in their own businesses and products.
But as cool as innovations like Google Glass seem from the consumer point of view, it's hard to imagine how wearable technology will become part of our lives (and the lives of our customers).
A panel of successful founders shares how they predict wearable tech will change their lives as business owners and members of the tech startup community at large.
1. Augmented reality will become accessible.
- Jun Loayza, Reputation Hacks
2. Tech will become an extension of ourselves.
3. The startup community will operate more efficiently.
- Andrew Schrage, Money Crashers Personal Finance
4. Wearable technology will lead to more customization.
- Thursday Bram, Hyper Modern Consulting
5. Design and fashion awareness will be resurrected.
Smartphones provide an analogous case study. In the beginning, the benefit of the smartphone was more its functionality. As time has passed, the functional differences between leading smartphones, like Apple and Samsung, have disappeared, and the aesthetic differences have become almost as meaningful.
- Aaron Schwartz, Modify Watches
6. Wearable technology will unlock big data.
7. Wearable tech will open APIs.
8. Products and services will rapidly improve with knowledge.