Facebook/Meta shares lost nearly half their value in six months

Poor grandma. VR porn is really not very good.

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Until we get to full blown holodeck mode, or a totally comfortable VR setup, I don’t see people ever spending significant amounts of time on it either.

I do think there’s some great ideas there; like Skyrim VR as a exercise option where you have to physically walk everywhere is a pretty cool idea, if we can get to omnidirectional treadmills/etc.

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Happy Joy GIF by SpongeBob SquarePants

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I think that’s a very long way away though.

The Omni treadmills you can get for under a $1K today barely work, and using one severely limits your ability to move the rest of your body. If you tried to play something like Skyrim in one end expected to be able to swing a sword and duck or dodge in combat you would break all your equipment and probably a limb or two in the first fight.

I am pretty sure that any kind “substitute for real life” VR is at a minimum a century away. And I will probably regret that prediction as too optimistic in 2122.

I definitely would not be pivoting my trillion dollar social media company on the expectation that it"s sooner

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I think the true holy grail is not VR but AR, since that has more functionality as it can neatly marry up to our daily lives. And from a business point of view the potential to make money is much higher than us being in virtual worlds.

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Agreed that AR had more applications, but I also think the hardware there still has a long way to go before it is something you would want to wear for any length of time, has a useful field of vision for the AR overlay, or a reasonable cost.

Also the are tons of privacy and acceptance issues that need to be overcome before we will ever get to people accepting it in public, outside the office or home - the “glasshole” issues that Google glass had will take a lot to overcome and a Google occupied a position of consumer trust far above Meta and Google glass basically did nothing, but did have a very poor camera on it, which was enough for people to hate being around it.

As Nilay Patel of The Verge is fond of saying “The killer app is having my glasses tell me who I am talking to and giving me info about them, but if I can do it then everyone can, including every cop and no one wants that world”

It’s dystopias all the way with this shit.

I agree that it has potential, but again, would not pivot my social media empire based on where it is today.

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