In the next decade or so, I believe the smartwatch will replace the smartphone (and even the PC) for most of our everyday tasks. This vision, however, will require a total reimagination of the user interface; specifically, inputting data.
Samsung understands the vision. Unfortunately, they have no idea how to get there.
What they've done here with the Gear S is taken a smartphone and shrank it down to the size of a wristwatch. Who cares if a wrist-size keyboard won't work in the real world. A smartphone on a wrist sounds pretty cool, right? Keyboards worked on smartphones so obviously they'll work on the wrist, right? The Apple Watch won't have a keyboard but the Gear S does, so that makes the Gear S superior, right?
This is a perfect example of what happens when companies just say "yes" without understanding "why".