His comments are not for the 40-60 yo
The high quality Swiss watch will see its demise now it loses its space.
In a few years smart watches interacting with google glass like devices will replace the current mobile phone format.
The mechanical master pieces will share their fate with cars, high end stereo equipment and camera's... it is something for the 40+ yo, and the 20-30 yo do not have a desire for it anymore.