tech
Snap unveils $2,195 AR glasses as CEO Evan Spiegel bets on post-smartphone future
Snap is launching its first AR glasses geared toward the broader public instead of developers.

TL;DR
- Snap CEO Evan Spiegel launched Specs, AR glasses for the general public, costing $2,195.
- Spiegel believes consumers are ready for computing beyond smartphones and sees AR glasses as the next evolution.
- Specs offer see-through lenses for shared experiences in the real world, contrasting with opaque smartphone screens.
- The device faces competition from Meta and Google in the nascent AR market.
- Snap faces financial challenges, having lost money every year as a public company, and its stock dipped after the announcement.
- Concerns exist about the high price point and its appeal to Snap's traditionally younger audience.
- Specs will include developer tools for creating AI agent-like experiences.
- Snap plans to release parental controls for safety and sharing management later this year.