Why A Smart Watch? and something abour housing and mortgages.

Digital Trends - Let’s hope this isn’t the Samsung Galaxy Gear smartwatch.

Yahoo - Reuters - Will the 'smartwatch' become the new smartphone? Apple, Samsung, Sony all betting on it

Yahoo - Daily Ticker - Samsung to Unveil Galaxy Gear Smartwatch: Why You Should Care.

So all of these tech giants are betting that you will buy a smart watch, you have to ask why. Why would people buy a watch that does less than their phone does and requires you to have a phone to use it? Well, what it does is monitor your health and even lets you keep a food diary by taking pictures of everything you eat. This technology will allow you to monitor if someone has taken their pills, taken illegal drugs, drank alcohol, is having a heart attack, is exercising enough. The watch itself is ugly so we need to consider how it will be used. Perhaps we will require felons to wear one while on parole. Perhaps businesses will require that the people who are now required to have drug tests use one (truck drivers for instance). Perhaps your medical insurer will require you to wear one if you smoke or are overweight. Then again, perhaps it will be required if you want to access your bank account because it will biometrically identify you and your current health.

Yahoo - U.S. News - Tighter mortgage rules will soon squeeze these groups even more. There is no housing recovery and there is not going to be a housing recovery. The new rules for getting a mortgage mean that there will be an increase in demand for rental properties.

UPDATE:

NDTV - Apple smart watch to focus on biometrics, to release in 2014: Report. I like how the article just flat out says that it is not meant to be a time keeping device; but, if for biometric identification and health monitoring. So, again I ask why do all of these companies think people will want to buy these?