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The market doesn’t know shit. XR is the obvious future, and just because investors don’t understand that doesn’t mean it’s not gonna happen.

candiddevmike 4y ago
I think a cataclysmic climate catastrophe is a more obvious future than everyone jacked into a VR setup
- beachy 4y ago
  Everyone jacked into their VT headsets, living from their couches, not leaving the house in a fossil fueled vehicle or recreating in a fossil fueled boat is maybe what our planet desperately needs
_5uxp 4y ago
Market lacks the understanding of most of the new tech. It's been like that for decades. Apple stock is a great example, some of them tried to bankrupt Tesla with shorting and uber (as a bad) and many other new tech IPOs. I think it's all because of many old fund managers with double digit B. or more funds, lack of understanding many details about todays web tech.
- Macha 4y ago
  Uber has basically given up on self driving, is losing money, now has more competitors and is still charging less than its suppliers real costs in most markets. It's really not clear we won't be having the conversation going on about meta today about uber in 5 years. Maybe worse, since meta at least makes a profit
snovv_crash 4y ago
XR is the future, sure, but it's missing the killer app that convinces people to shell out for it. We're talking a lot about market value here, if people don't want it then it isn't creating any value for them. Maybe we should focus on actually creating some value before we try to leapfrog too many levels of technology?
- xvector 4y ago
  Creating that value is precisely what Meta is investing in.
  - snovv_crash 4y ago
    I don't see actual business problems being solved, I see tech showcases looking for customers.
drawfloat 4y ago
XR has been the future since sci fi movies in the 80s. It doesn’t mean it’s the near future (price, USP, funding model, any consumer desire to adopt).

candiddevmike 4y ago

I think a cataclysmic climate catastrophe is a more obvious future than everyone jacked into a VR setup

beachy 4y ago
Everyone jacked into their VT headsets, living from their couches, not leaving the house in a fossil fueled vehicle or recreating in a fossil fueled boat is maybe what our planet desperately needs

_5uxp 4y ago

Market lacks the understanding of most of the new tech. It's been like that for decades. Apple stock is a great example, some of them tried to bankrupt Tesla with shorting and uber (as a bad) and many other new tech IPOs. I think it's all because of many old fund managers with double digit B. or more funds, lack of understanding many details about todays web tech.

Macha 4y ago
Uber has basically given up on self driving, is losing money, now has more competitors and is still charging less than its suppliers real costs in most markets. It's really not clear we won't be having the conversation going on about meta today about uber in 5 years. Maybe worse, since meta at least makes a profit

snovv_crash 4y ago

XR is the future, sure, but it's missing the killer app that convinces people to shell out for it. We're talking a lot about market value here, if people don't want it then it isn't creating any value for them. Maybe we should focus on actually creating some value before we try to leapfrog too many levels of technology?

xvector 4y ago
Creating that value is precisely what Meta is investing in.
- snovv_crash 4y ago
  I don't see actual business problems being solved, I see tech showcases looking for customers.

drawfloat 4y ago

XR has been the future since sci fi movies in the 80s. It doesn’t mean it’s the near future (price, USP, funding model, any consumer desire to adopt).