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Why would anybody stick with such a investment? Either sunken cost fallacy- or they just have the potential to be this good. In that case, some sunken millions
by Pica_soO 9y ago
Why would anybody stick with such a investment? Either sunken cost fallacy- or they just have the potential to be this good. In that case, some sunken millions are actually quite peanuts - to have the foot in the door on the next layer of devices, who is going to wrap around our daily lives, making the older layers obsolete or dependent upon you for access to the the customers.
This is the long breath it takes, to sail through the enthusiasm and failure of a near-similar tech (VR!) and reach a goal. It is not portable yet?
Who cares.
The first cellphones where bricks. We shrunk them down two a chocolate-bar.
One leap for mankind.
- criddell 9y ago> It is not portable yet? Who cares. Investors should. Even though the first cell phones were from Motorola, Motorola ended up being pretty much irrelevant. Regardless of what Magic Leap eventually releases, I'm excited to see what developers can do with AR (or MR). Somebody will eventually come up with a killer app, right?
- Pica_soO 9y agoHe who controls the patents, controls the revenue-streams of the universe. There is only one place where the true, durable spice can be harvested, in the past, researching it- creating tons of original IP, to milk future generations for all the tech is worth.