Wearable devices could replace everything in our pockets, eventually wiping out smartphones in five to 10 years, says one wearable-technology company CEO. However, others say functionality, design and comfort are among the issues that make that prediction unlikely. Many wearables, such as smartwatches, rely on smartphones for functions such as connecting to the Internet and collecting user data. However, Gabe Grifoni, CEO of Rufus Labs, said in a phone interview that in future years we could move away from that requirement and wearables could be produced that function as standalone devices,...