28 ms·

If the technology is as significant as it appears to be, doesn't it reach into enough billion (and trillion?) dollar industries? The investment in this kind of

If the technology is as significant as it appears to be, doesn't it reach into enough billion (and trillion?) dollar industries? The investment in this kind of technology isn't just about gaming or Hollywood.

akiselev 12y ago
It's about gaming and entertainment because that is by far the biggest, most visible market with the most ROI in hardware and software. The upfront investment and man power required to push a technology from early adopters to widespread adoption isn't usually trivial. Just like gaming pushed scientific research to new heights by commoditizing GPUs, VR gaming will be just a big a boon for all industries.
nyolfen 12y ago
no single industry is in the trillion dollar range, not even oil
- KaoruAoiShiho 12y ago
  Completely wrong. Oil is several tens of trillion
- muhfuhkuh 12y ago
  There are some _single_ financial firms with a trillion under management. Blackrock comes to mind. So it's not a stretch that there are industries in that range.
- seanflyon 12y ago
  http://en.wikipedia.org/wiki/List_of_largest_companies_by_revenue http://en.wikipedia.org/wiki/List_of_largest_companies_by_re...
  - nyolfen 12y ago
    i don't understand how this counters what i say
    - seanflyon 12y ago
      The top 3 companies are in the same industry and just those 3 together have well over a trillion dollars annual revenue. It is a counterexample to you claim that not single industry is in the trillion dollar range.
baddox 12y ago
Depends how strong of patents they can get for the tech, I reckon. I highly doubt it's so revolutionary that it could be easily reverse engineered.
taurath 12y ago
Communication is absolutely the killer app for these technologies. You lose SO much from staring at people through a screen, if you could trick your Amygdala into believing a far away person is real and in front of you it would be an astounding leap with massive benefits and implications across everything humans do.

akiselev 12y ago

It's about gaming and entertainment because that is by far the biggest, most visible market with the most ROI in hardware and software. The upfront investment and man power required to push a technology from early adopters to widespread adoption isn't usually trivial. Just like gaming pushed scientific research to new heights by commoditizing GPUs, VR gaming will be just a big a boon for all industries.

nyolfen 12y ago

no single industry is in the trillion dollar range, not even oil

KaoruAoiShiho 12y ago
Completely wrong. Oil is several tens of trillion
muhfuhkuh 12y ago
There are some _single_ financial firms with a trillion under management. Blackrock comes to mind. So it's not a stretch that there are industries in that range.
seanflyon 12y ago
http://en.wikipedia.org/wiki/List_of_largest_companies_by_revenue http://en.wikipedia.org/wiki/List_of_largest_companies_by_re...
- nyolfen 12y ago
  i don't understand how this counters what i say
  - seanflyon 12y ago
    The top 3 companies are in the same industry and just those 3 together have well over a trillion dollars annual revenue. It is a counterexample to you claim that not single industry is in the trillion dollar range.

baddox 12y ago

Depends how strong of patents they can get for the tech, I reckon. I highly doubt it's so revolutionary that it could be easily reverse engineered.

taurath 12y ago

Communication is absolutely the killer app for these technologies. You lose SO much from staring at people through a screen, if you could trick your Amygdala into believing a far away person is real and in front of you it would be an astounding leap with massive benefits and implications across everything humans do.