I agree with your view that AR is more the long-term future of all this tech. However, I would disagree that VR isn't going to be a big thing in the short to me

I agree with your view that AR is more the long-term future of all this tech. However, I would disagree that VR isn't going to be a big thing in the short to medium term. It's a completely new medium to a large extent that is still finding its feet. It offers a completely new* experience and developers/artists/storytellers have yet to really tap into what it can do and deliver in terms of feeling and emotion. Everyone is still trying to make old methods suit the new format - you could see this just from the fact that Oculus demo'd a 3rd person game. Once teams start to fully embrace the medium and the hardware has caught up, I honestly believe it will deliver some very innovative and emotional experiences that will lift people out of their real life environment. Its uses will be much more widespread than just gaming - training, relaxation, education, social interaction, etc. * When I say new I know it's been knocking around for decades, but the tech has only just reached a point where it is somewhat viable.