Commenting in this fascinating thread on virtual reality hype, reader "Rin" makes some smart points:
I have to say that I think that everything that uses a big headset like the Oculus Rift is a dead end and will never achieve any big success. It might have some specific uses .. training simulations come to mind, but I just can't see it finding it's way into the big consumer market. It is just too big of a hindrance to daily life to block everything out like this and sit on the couch with this headset on. Microsoft has the much better approach there [with the HoloLens] and even when I am uncertain of how it might turn out (or if it actually be usable at all), I think it is still the more usable idea then something like the Oculus headset. To be honest, I have not yet heard even one idea about what the one big application would be that brings VR "into our lap". Even most games would not fit well with it and not everyone who plays games would like to do it this way. So the market is even smaller ... but what is there beside it that would bring it out of specific work situations and into the homes of everyone? It actually also might be going against the current trend of everything being more and more mobile. And being in VR while walking down a street might not be the most healthy thing to do ... so instead of VR I think it should be more AR - Augmented Reality. That is where I would put my money into.
So presumably, Rin would want to put her money in a company like Magic Leap, just like Google recently did, to the tune of half a billion damn dollars. I share all of Rin's concerns around VR, though I'm very skeptical augmented reality will be a better alternative: