Meta Eyes Stake in Maker of Ray-Ban in Smart Glasses Push
bloomberg.com
bloomberg.com
In five or more years Im betting 40% or more of the population will have these ... Facebook buying a stake in Ray Ban shows that the latest version have reached a nice level of success and will only continue.
As a complete phone replacement im not sure as you can not take selfies and we as humans are addicted to taking selfies. They are great when on a hike/walk/wherever without your phone just to ask what the time is, as well taking pics or videos.
With all the things going on in the country, overpricing frivolous designer eyewear seems pretty safe from attack. They're clearly doing just exactly this too as I sit here in my $250 worth of Ray Ban plastic as I type this.
Clever monopoly, most people like having eyesight.
Because Luxottica is not a US company, they are an Italian company based in Milan (https://en.wikipedia.org/wiki/Luxottica) which puts them out of direct reach of the US FTC/DOJ.