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I wonder what the underlying assumption is here from Facebook. Is it the notion that 1) VR headsets will get comfortable 2) VR users will want to connect with
by brilliantcode 10y ago
I wonder what the underlying assumption is here from Facebook. Is it the notion that
1) VR headsets will get comfortable
2) VR users will want to connect with friends
3) VR will get killer applications and FB wants to be a platform like it did with Games/Spam?
4) Returns will be realized before FB becomes insolvent?
All in all, facebook gets a low score for me because people are starting to realize the toxic effects of being "connected". More people I talk to, the more I see "off grid" peeps like me. Great platform for narcissist to maximize their attention as trolls are to Youtube comments and Reddit. Even people who are on FB are not the same as 8 years ago, sporadically checking. The upcoming demographic seems to be more geared towards Snapchat-esque mediums.
Secondly, I'm concerned by the volatile landscape of "social" apps. FB forked out so much money for it's past aquisitions such as Whatsapp, Instagram...okay I get it buy out the competition to avoid becoming MySpace... but Oculus Rift purchase was the most troubling one of all because it showed that FB is becoming increasingly anxious about it's future relevance by betting on extremely early poorly adopted tech with questionable prospects (imo VR will fail for the same reasons it did in 90s, people don't want to spend long time or spend doing things they can do on a normal computer). This anxiety is further fueled by Zuckerberg's race to China while failing to see that WeChat, Baidu, Snapchat, Uber all have one thing in common: Poor adoption by target demographic when strong incumbents dominate the market.
If I was a FB shareholder, I would be asking, how the heck are all these experiments which cost billions of dollars ever going to generate return before the low interest rate capital disappears with a strengthening dollar and looming protectionism? This VR resource page communicates and confirms my suspicions.
FB's VR resources is interesting of course as a fun dev toy, but seeing how Google spend so much money chasing after "Xperimental out there" ideas and still hasn't seen ROI, it's worrying to see a company that isn't printing money spend investors cash so carelessly.
- natmaster 10y agoVR and AR are the future of HCI. Facebook wants their stock to continue going up and Mark wants to continue being relevant.
- madeofpalk 10y agoVR and AR might by the future of HCI. Facebook is making a bet.