this post was submitted on 03 Oct 2023
        
      
      502 points (97.0% liked)
      Technology
    76567 readers
  
      
      3107 users here now
      This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
 - Only tech related news or articles.
 - Be excellent to each other!
 - Mod approved content bots can post up to 10 articles per day.
 - Threads asking for personal tech support may be deleted.
 - Politics threads may be removed.
 - No memes allowed as posts, OK to post as comments.
 - Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
 - Check for duplicates before posting, duplicates may be removed
 - Accounts 7 days and younger will have their posts automatically removed.
 
Approved Bots
        founded 2 years ago
      
      MODERATORS
      
    you are viewing a single comment's thread
view the rest of the comments
    view the rest of the comments
It is for those with more money than sense, 100%. No matter how much money you have, it’s not going to solve the problem of it being incompatible with a newer iPhone. And that makes anyone who bought this a clown.
The point is that for them, it doesn't matter if the watch is obsolete and ends up in a drawer after a few years. They'll just buy a new one.
For them 20k is like $20 for you.
You’re actually off by a lot more than you realize.
Average US income is about $31.2k, Beyoncé (who bought one) has an income of about $90m.
Meaning $20k to her is around $0.64 in relative wealth to the average person.
Literally pennies.
It’s all relative.
If I spend £1 of my last £5 on a bottle of water, I’m equally as dumb.