71–80 of 290 posts
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$200 spent on a FitBit will save thousands on annual healthcare bills.
[citation needed]
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Been a customer for a few years. They're upfront with everything. From what I know I'm not the product (so far). Everything I ever purchased was an excellent value and met 99% of my expectations. My only gripe is there is no desktop software to manage all the devices. You should give them a try, the cameras are awesome.
Honest question: what do you base that off of? I can’t think of a way to prove the negative, that I’m not the product, that overcomes the assumption that the hardware prices are so low that they will have great incentive to monetize in other ways.
In my opinion the hardware prices are cheaper because it's sourced out of China and the product is at the lower end but worth every penny. I use to source widgets out of China that were amazing quality. I would have them delivered to my factory in Canada. The price of the finished product delivered to my factory door step was cheaper than the cost of raw materials in Canada. There were no duties involved since the HS Code of the item was duty free and China had Most Favored Nation Status.
So that's probably how they do it. The Camera costs them a few of $$ delivered and they sell it for $20 +. The only draw back is that the Chinese copied the design and would be selling in their internal market or markets where Wyze wasn't in yet.
> * Wyze Watch is not a medical device, and it is not intended to be used for medical purposes. How do we change reality to get these dumbass disclaimers out the way for perfectly functioning devices? Get FDA certification faster? Change safe harbors on liability that dont require cover-your-ass text that contradicts the point of including certain functionality? Get FDA out of the consumer medical device gatekeeping…
I'd rather avoid the supplements situation where manufacturers can essentially claim almost anything and most of the population isn't aware that it's a free-for-all. Manufacturers can still claim some function but at least there's currently a disclaimer that makes average people question some claims.
I don't really love the mix of deregulation and healthcare (even adjecent, see supplements).
Apple was smart not to compete on the low-end for watches. Median income in the USA is $68,703. Why would someone spend 1/25 of 1 percent of their income on something that they wear 100% of the time? That makes no sense. I shell out $200-$300 each year for the latest FitBit (Apple Watch is promising, but that battery life :(. The sleep tracking is gold).
Here's one perspective: about five years ago I stopped buying expensive phones. Now I buy economy Motorolas, and I've never looked back. The performance is somewhat worse than a flagship phone, but I damage my phones pretty frequently and I'm so much less worried about it when the replacement cost is $200 rather than $900. Price has been a main barrier to my wearing a smart watch as my expectation is that something o…
But I view the value of smart watches in the $100,000+s if not $1M+s. How much is your health worth? How much is it worth to passively keep an eye on your heart rate, and stress levels, and oxygen levels, and sleep levels? Granted, I still think it is very early for smart watches, and the value we are getting now is ~1% of the value we will be getting from them in 5-10 years (if they aren't replaced by a "smart tooth" or "smart necklace" etc). But I think at this point the value is definitely there and easily worth 10x+ the cost.
Making a single actionable decision based on data received from a wearable could have a life changing impact.
And again, speaking in probabilities here, and it depends if you look at the data and adjust your life based on it, but I think expected value of these is huge, and probably the best single health measure anyone can take.
I would say try the cheap one, and think about upgrading if you like it.
Been a Wyze customer for couple of years now. Bought many of their cameras from their store and Home Depot. The cameras are real good and much much cheaper than other big brands (Ring/Nest etc). It seems they are basically building a Xiaomi kinda of brand in the US (Xiaomi is extremely popular in countries like India where they have huge market base with well styled products similar to Apple line).
Apple was smart not to compete on the low-end for watches. Median income in the USA is $68,703. Why would someone spend 1/25 of 1 percent of their income on something that they wear 100% of the time? That makes no sense. I shell out $200-$300 each year for the latest FitBit (Apple Watch is promising, but that battery life :(. The sleep tracking is gold).
That $68,703 figure is the median HOUSEHOLD income that encompasses more than one bread winner on average.
I often wonder how Wyze makes any money. They're usually 2-10 times cheaper than their competitors, while providing better features, better design, and better support. I love all of my Wyze devices and purchased another $100 worth of them just yesterday (3 bulbs, 2 sockets, 3 sensors, 1 camera, 1 SD card). I like how they go out of their way to add features to their devices. For example, they provide a firmware for t…