Snap’s new AR Spectacles are fun. Too bad they’re not for consumers (yet)

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We may yet live to see the day when it’s perfectly normal to see the world through eyewear that blurs the line between physical reality and digital imagery. But instead of coming into focus, the question of how we might get there has become murky. We do know that the metaverse bubble has definitely burst: Even Meta is downplaying the hype by pitching its Quest headsets as AI-powered mixed-reality devices, a less out-there concept. Meanwhile, spatial computing—Apple’s term for what it’s creating with its Vision Pro headset—might be Apple’s tiniest niche for a long time to come.

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And then there’s the augmented reality experience offered by Snap’s Spectacles.

[Photo: Snap]

If you kind of forgot that Spectacles existed, or at least that they involve AR, that’s understandable. The high-tech eyewear made its biggest splash back in 2016 when the original version launched as a near-impulse item at $130 and was even sold from traveling vending machines. But Spectacles didn’t do AR until 2021, when Snap unveiled a fourth-generation version—simply called “the new Spectacles”—that was more experiment than product. Instead of being for sale, it was available only to a select pool of creators.

More than three years later, Snap is back with its fifth-generation Spectacles, which it’s unveiling at its Snap Partner Summit conference today. Still best known for its Snapchat ephemeral messaging app, the company has been through a lot lately, including multiple rounds of layoffs and a huge drop in its stock price. Last year, I wrote about its new initiative to power AR features for enterprise customers such as Men’s Wearhouse; months later, it shuttered that operation. Just being a public company principally involved in monetizing eyeballs through advertising is not getting any easier, though cofounder and CEO Evan Spiegel pointed out in a recent letter to employees that Snap has reversed two years of declining revenue growth.

So the fact that Snap continues to invest in Spectacles—rather than focusing entirely on buttressing Snapchat’s fortunes—is notable. Especially since Spectacles still isn’t back to its early days of being a true consumer product. For now, Snap is offering it via a subscription service targeting developers intrigued by the opportunity to write AR apps (or, in Snap parlance, lenses) for the platform. The price of entry is $99 a month, with a one-year commitment.