Something like this pretty much just needs something to charge from. Like your computer while you work, and the wall while you sleep, from a USB port perhaps (which you already have).
Not making any claims as to which are more useful / applicable to more people. Just that there are major physical barriers to anything that requires even a pocket, much less infrastructure. A small wearable computer just requires somewhere to sit when you're not using it.
They'll be like bluetooth headsets. Reserved for a very specific subset of the population.
Don't tell me you can't spot someone with a portable music player from a hundred feet away. If anything the visibility of those has increased as the popularity of over-sized headphones has grown.
"Wearable" computing has the same issue, and will only take off if it can be made to look stylish enough for fashion-conscious people. This is Google we're talking about, so it's safe to assume the product will be about as stylish as an industrial vacuum cleaner. Some other company will have to come along and fix it before it becomes popular.
Honestly, I think it has more to do with them costing $5k and being less mobile than a bike, which you can pick up. That alone makes them absolutely worthless beyond their battery range, and to anyone who encounters stairs in their day to day life. And out of the price range of an enormous percent of USA's population, and it only gets worse for families.
But opinion battles have no end. We disagree at a rather fundamental level, I'm happy to leave it at that.