If you’re squinting a bit to read this—whether on a screen or on paper—you’re not alone. The pandemic has taken a terrible toll on our eyesight. Almost a third of Britons told the College of Optometrists their vision had deteriorated during lockdowns. In China shortsightedness tripled among 6- to 8-year-olds, and some 80% of high school students there now suffer from myopia. Eyewear maker Warby Parker Inc. told prospective investors in its September initial public offering that increased screen time was fostering more demand for its products.
But what’s a bummer for you and the three-fourths of Americans who use corrective vision is a big opportunity for the tech industry, which has its eye on those precious inches around the bridge of your nose. The Silicon Valley companies working on smart glasses are betting it will be easier to persuade people who already sport specs to try out their vision of the future. If you wear glasses, you’re a pretty good candidate for whatever whiz-bang products the likes of Apple, Amazon, and Facebook—er, Meta Platforms Inc.—are planning for a category that Verified Market Research predicts will more than triple in value by 2028, to $29 billion.
Meta in particular has started talking up the so-called metaverse. Its Oculus VR unit already makes virtual-reality goggles that immerse you in a computer-generated world. Next up is augmented reality, a more complex technology that superimposes information and graphics on your field of view. To interact properly with the environment, the image needs to be high-quality and highly responsive, as any lag can leave the user feeling queasy.
Denne historien er fra December 20, 2021-utgaven av Bloomberg Businessweek.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra December 20, 2021-utgaven av Bloomberg Businessweek.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Instagram's Founders Say It's Time for a New Social App
The rise of AI and the fall of Twitter could create opportunities for upstarts
Running in Circles
A subscription running shoe program aims to fight footwear waste
What I Learned Working at a Hawaiien Mega-Resort
Nine wild secrets from the staff at Turtle Bay, who have to manage everyone from haughty honeymooners to go-go-dancing golfers.
How Noma Will Blossom In Kyoto
The best restaurant in the world just began its second pop-up in Japan. Here's what's cooking
The Last-Mover Problem
A startup called Sennder is trying to bring an extremely tech-resistant industry into the age of apps
Tick Tock, TikTok
The US thinks the Chinese-owned social media app is a major national security risk. TikTok is running out of ways to avoid a ban
Cleaner Clothing Dye, Made From Bacteria
A UK company produces colors with less water than conventional methods and no toxic chemicals
Pumping Heat in Hamburg
The German port city plans to store hot water underground and bring it up to heat homes in the winter
Sustainability: Calamari's Climate Edge
Squid's ability to flourish in warmer waters makes it fitting for a diet for the changing environment
New Money, New Problems
In Naples, an influx of wealthy is displacing out-of-towners lower-income workers