Re: VR still on the rise?

On 04/02/2025 15:25, Spalls Hurgenson wrote:

 And in a similar theme:
 Even Facebook is struggling in the market. Sure, their "Reality Labs"
division booked $1 billion in revenue in 2024, but that compares
poorly to their $4.4 billion USD loss.* Admittedly, this isn't
entirely a problem with "VR" so much as the complete and utter failure
of their "Metaverse" project, but even Zuckerberg can only afford to
keep dumping money into VR for so long. Already, there are
'performance cuts being made to the divisions staffing.
 All the big names in VR --Facebook, Apple, Sony, Valve-- are backing
away from the technology; not abandoning it totally, but we're seeing
significantly less investment and press on any developments. It's not
paying off the way it was expected to ten years ago. It's been a good
run but it looks like this era of VR is coming to an end.
 Maybe in 2040?
 

I'm not sure it will ever become mainstream mainly because it just seems like a cool technology desperately hunting around for a problem to solve.
Here's an example.
"The metaverse won't just augment tasks. Tibor Mérey, managing director and partner with BCG X, part of Boston Consulting Group, said he envisions the metaverse also helping people through their daily lives. Imagine, he said, being able to wear smart glasses that could put nametags on the guests at a party while you mingle -- ending the need to ask acquaintances to remind you of their names."
Is that seriously put forward as something that people are going to go, sign me up and take my money?