Smart glasses under control of a new wristband, set to be introduced by Mark Zuckerberg
Meta, the tech giant behind Facebook, has announced the launch of its latest consumer product – the Meta Ray-Ban Display with Meta Neural Band wristband. The announcement was made at Meta Connect, a tech conference, by none other than Mark Zuckerberg.
The wristband, which has been in development for over four years, is designed to revolutionise the way people interact with computers. It is not a watch, but will be sold in combination with the Meta-branded smart glasses, priced at $799.
The Meta Ray-Ban Display with Meta Neural Band is a product of Meta's collaboration with eyewear manufacturer EssilorLuxottica, known for Ray-Ban. This collaboration combines Meta's technology with EssilorLuxottica's expertise in eyewear design.
The wristband is designed to detect subtle hand gestures and control the smart glasses. It aims to replace keyboards, mice, touch screens, buttons, and dials with brain signals and subtle muscle movements. With the wristband, users can send text messages without touching a smartphone.
Meta's focus is not only on social media apps but also on expanding into virtual reality. The company's virtual reality division, Reality Labs, accounts for less than 1% of the company's revenue. Despite the small contribution to the company's revenue, Meta has been investing heavily in this area.
The idea of the wristband was first prototyped by Microsoft Research in 2012. Since then, companies have explored additional body parts for wearable tech, including fingers and necks. Wearable tech, including the wristband, has drawn rising interest in recent years.
It's worth noting that Meta bought wristband-related tech startup CTRL-labs in 2019. The sale of the Meta Ray-Ban Display with Meta Neural Band wristband will start on September 30.
However, Meta's foray into the virtual reality market has not been without financial challenges. Reality Labs had an operating loss of $4.5 billion in the three months ending June 30, according to Meta's earnings report. Despite this, the companies that make the smart glasses, Meta and EssilorLuxottica, have sold 2 million pairs as of February.
In conclusion, the Meta Ray-Ban Display with Meta Neural Band wristband represents a significant step forward in wearable technology and virtual reality. While the financial implications are yet to be seen, the potential for this product to change the way we interact with technology is undeniable.
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