That's the main buying point for me, a small screen on my wrist that can give visual notifications so I don't have to pull my phone out.
The point is, people have different needs. Some like getting notifications on their wrist. Myself, I like smartwatches more for the input side - ability to control stuff without interacting with the smartphone directly.
Also, that's good that some people just don't see the need for it. It means the tool is useful. I hate the trend that hit the mobile market (and already affects the smartwatches) that makes companies design for lowest common denominator - it means people like me, who would like to use a specialized, feature-laden device can't get anything, because they don't exist on the market.