Perhaps, Thomas, however value based on status symbols are terribly fickle. This year's hot fashion item could be completely out of style in 5 years... like a 1974 Impala was considered good looking, giving a desirable floaty ride, and American when new, but by 1979 was considered old style, inefficient, boring to drive, domestic, and unmaneuverable. The car didn't change, but fashion did. The mechanical watch market won't disappear, but I wouldn't bet more than I was prepared to lose that today's collector's grail watches will continue to be the grail watch when I (or my heir) is ready to sell them.
What if future Apple watches and their imitators get even better, allowing full customization and programming of the screen with millions of graphic elements plus loading any animations you wanted? What if they could be smooth and tasteful, or garish and loud, depending what you were in the mood for? What if it wasn't a pain in the butt to program it? I do a little amateur astronomy; wouldn't it be nice to specify a watch with nighttime mode that was completely dark, with UTC in faint red when a button is pushed? What if it showed RA, Dec of the zenith of the sky at all times, taking your location from the built-in GPS?
I would still want mechanical watches... but I bet fewer people would be getting into them.
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