My Nest Cams serve the same function, except that they're bound by a WiFi connection and 110-volt plug. I can't really figure out what it's for.
What will the camera of the future be? Perhaps the Google Clips is trying to be a robo-photographer: a camera that will compose and take an image autonomously. But as it stands, the Clips' stationary nature is extremely limiting. I bet small, autonomous drones and robotic camera mounts that will follow subjects will serve peoples' constant photographer needs better.