The Entrepreneur Forum | Financial Freedom | Starting a Business | Motivation | Money | Success

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Join free.

Join over 80,000 entrepreneurs who have rejected the paradigm of mediocrity and said "NO!" to underpaid jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence.

Free registration at the forum removes this block.

VR will probably flop

7.62x51

Bronze Contributor
Speedway Pass
User Power
Value/Post Ratio
180%
Jan 27, 2015
168
303
35
Just got back from a meetup with some other tech entrepreneurs where I tried out the Samsung Gear VR (mobile VR from your phone).

Even if it were perfected, at the end of the day it's more of a cool little toy than a practical device. If the task requires speed and accuracy, I can't imagine myself using a VR headset.

Having to turn your head to interact with the world gets annoying. It's also surprisingly annoying to strap on and not see your surroundings for extended periods of time.

I'm more into technology than most people and found it underwhelming. Joe Average probably won't pay much attention to VR this year.
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

RHL

The coaching was a joke guys.
EPIC CONTRIBUTOR
Read Fastlane!
Summit Attendee
Speedway Pass
User Power
Value/Post Ratio
747%
Oct 22, 2013
1,484
11,088
PA/NJ
If the task requires speed and accuracy, I can't imagine myself using a VR headset.

Be very, VERY cautious about pronouncements like this. People much richer and smarter than us have already bet BILLIONS on VR. Also, remember that in terms of speed and accuracy, tactile response (physical keys) is almost immeasurably superior to touch screens. See many phones out there with physical keyboards?
 

LateStarter

Gold Contributor
FASTLANE INSIDER
Read Fastlane!
Read Unscripted!
Summit Attendee
Speedway Pass
User Power
Value/Post Ratio
206%
Jan 26, 2015
637
1,312
49
Toronto, Canada
It's in it's infancy still. Improvements will come. Regardless, I see:

VR = Gaming and specific applications where virtual immersion is necessary.
AR = Rest of the world applications, including online retailers, virtual presence support and meetings, etc.

There's a lot more opportunities for AR than VR and less of the negative, disorienting effects for the user than VR has. AR is a harder technical challenge but companies like Magic Leap are making it happen.
 

ilrein

Silver Contributor
Read Fastlane!
Speedway Pass
User Power
Value/Post Ratio
153%
Oct 1, 2012
390
597
32
  • Talking films are a very interesting invention, but I do not believe they will remain long in fashion
  • Television won't be able to hold on to any market it captures after the first six months. People will soon get tired of staring at a plywood box every night.
  • I think there is a world market for maybe five computers
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

Mineralogic

Bronze Contributor
Read Fastlane!
Read Unscripted!
User Power
Value/Post Ratio
61%
Jul 28, 2014
357
218
Just got back from a meetup with some other tech entrepreneurs where I tried out the Samsung Gear VR (mobile VR from your phone).

Even if it were perfected, at the end of the day it's more of a cool little toy than a practical device. If the task requires speed and accuracy, I can't imagine myself using a VR headset.

Having to turn your head to interact with the world gets annoying. It's also surprisingly annoying to strap on and not see your surroundings for extended periods of time.

I'm more into technology than most people and found it underwhelming. Joe Average probably won't pay much attention to VR this year.

I already know its DOA for now. people get dizzy from it and a whole range of other neurological disorders can occur let alone social disorders from immersion

There is also confirmed science on how shaky camera work that most films use now screws you up as well....
DOA unless you consider yourself a biological robot. The people at the top or with money consider you their sheep to be herded and lead. SO yeah, they will keep pushing it like google did with Google Glass even if people reject it
 

lowtek

Legendary Contributor
FASTLANE INSIDER
EPIC CONTRIBUTOR
Read Fastlane!
Summit Attendee
Speedway Pass
User Power
Value/Post Ratio
332%
Oct 3, 2015
2,163
7,186
42
Phoenix, AZ
my understanding is that the dizziness comes from a lack of 120Hz in both frames. You really need a high end computer to run anything remotely graphically demanding that won't make you puke.
 

Mineralogic

Bronze Contributor
Read Fastlane!
Read Unscripted!
User Power
Value/Post Ratio
61%
Jul 28, 2014
357
218
my understanding is that the dizziness comes from a lack of 120Hz in both frames. You really need a high end computer to run anything remotely graphically demanding that won't make you puke.

even if it was perfectly acceptable, there appears to be a conditioning/immersion element to it that can really screw with the reality of a person . I imagine the social engineers are salivating at the mouth to implement this someday which is why it should be resisted by most people.

Technology's main purpose was to eliminate human suffering and of course we have gone way off the track from that original pure intent.

I imagine more of a limited scope for it and if they ever nailed the "HUD" type interface that accentuates normal/social/biological life it would be cool as a way to accentuate organic life, not diminish it

in the end, I believe we are spirits in a body already living a kind of VR. To endlessly re-create the same thing and get farther away from who we really are seems INSANE
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

DKNJ

Contributor
Read Fastlane!
Speedway Pass
User Power
Value/Post Ratio
77%
Mar 20, 2014
87
67
New Jersey
I can see VR going somewhere business and entertainment wise, and I do agree one of the major issues is the strain it puts on your eyes. I messed around with one for about 20-30 minutes and had the worst headache for the next 24 hrs.
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

Metabaron

Contributor
Read Fastlane!
User Power
Value/Post Ratio
102%
Feb 16, 2015
59
60
38
Indiana
Not quite true VR, but have you checked out drone racing? You strap a headset on, and race a drone around a course. With the huge and growing drone market, I could see "drone headsets" taking off and selling well.
 

JamesSJ

Bronze Contributor
Speedway Pass
User Power
Value/Post Ratio
112%
Apr 25, 2012
200
224
Whenever there's a new technology or online business model surfacing, the adult-entertainment industry is one of the first to adopt it if it's got going to be big. If they're getting onboard i'd say it's going to be huge (VR and porn surly is going to be one of the biggest goldmines for the technology).

In the entertainment world of gaming and cinema I can't see how or why it would fail - who wouldn't want to experience full immersion in a world they have enjoyed interacting with through books, movies or games.

Whilst it did sound laughable a few years ago, I can imagine experiencing a reality as real as demonstrated in the Matrix at some point in my lifetime. You never know, what with the state of the worlds environment and overpopulation these realities could well be where 99% of us spend our existences in the future.
 

luniac

Platinum Contributor
Read Fastlane!
Read Unscripted!
Speedway Pass
User Power
Value/Post Ratio
158%
Dec 7, 2012
1,781
2,811
33
brooklyn
Be very, VERY cautious about pronouncements like this. People much richer and smarter than us have already bet BILLIONS on VR. Also, remember that in terms of speed and accuracy, tactile response (physical keys) is almost immeasurably superior to touch screens. See many phones out there with physical keyboards?

they bet billions on Bernie Madoff too... just sayin... lol


VR is the future of interactive entertainment, perhaps it will begin in arcades, I PREDICT THE RESURGENCE OF ARCADES!!!

ROWS AND ROWS OF VR ARCADE MACHINES WITH AWESOME GAMES, SINGLE PLAYER AND MULTIPLAYER IT WILL BE GLORIOUS! SOMEONE FUND MEH!!!
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

splok

Gold Contributor
FASTLANE INSIDER
Read Fastlane!
Summit Attendee
Speedway Pass
User Power
Value/Post Ratio
174%
Jul 20, 2012
673
1,172
Keep in mind that the current problems with vr will improve in a few different ways. The hardware improving will help, the software improving will help, the design improving will help, and people getting acclimated to vr will also help. No idea how quickly the help will be "enough", but I think what we have now is good enough that people can imagine the "enough" point isn't that far away. I also think that design plays a FAR bigger role in this than most people realize. There are normal video games that give some people headaches/sea-sickness too...

Just consider that 3ish years ago, the idea of a quality, consumer-level vr kit was just a pipe dream, and now Oculus is launching their consumer-level product in a couple of months. Have you tried the last prototype version? or even a DK2? I think the upcoming hardware/software along with a AAA game that's actually designed and polished with VR in mind will surprise a lot of people.
 

Fathazard

Patience, Speed & Gratitude
Read Fastlane!
Read Unscripted!
Speedway Pass
User Power
Value/Post Ratio
435%
Jul 31, 2015
34
148
Sweden
I have a friend who started a business doing VR exposure therapy to cure things like fear of spiders,heights, social anxiety. It's going well so far - they've received funding in excess of $100,000 (Which is nothing for a company like this, but still) and are currently doing trials with patients to see how effective it is as therapy.

I think VR is here to stay. The vertigo, headaches etc are all issues that can be solved - or endured. For entertainment purposes you already have browsers like JanusVR with a couple of thousand users worldwide.

I have no idea how far along military developments have come... but it feels like something that could be used in that industry. Maybe development will be escalated on that front to, and be commercially available later.
 

luniac

Platinum Contributor
Read Fastlane!
Read Unscripted!
Speedway Pass
User Power
Value/Post Ratio
158%
Dec 7, 2012
1,781
2,811
33
brooklyn
have a pick up artist VR training course, walking around approaching girls and stuff, trick your brain that you're really doing it and cure your real life approach anxiety in the process!!! hahaaaa
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

Mineralogic

Bronze Contributor
Read Fastlane!
Read Unscripted!
User Power
Value/Post Ratio
61%
Jul 28, 2014
357
218
I have a friend who started a business doing VR exposure therapy to cure things like fear of spiders,heights, social anxiety. It's going well so far - they've received funding in excess of $100,000 (Which is nothing for a company like this, but still) and are currently doing trials with patients to see how effective it is as therapy.

I think VR is here to stay. The vertigo, headaches etc are all issues that can be solved - or endured. For entertainment purposes you already have browsers like JanusVR with a couple of thousand users worldwide.

I have no idea how far along military developments have come... but it feels like something that could be used in that industry. Maybe development will be escalated on that front to, and be commercially available later.

I'm not sure they can be solved and not sure why people would waste trillions just to get 5,10,50% improvement if the technology is good enough to do basic things like you say help with medical issues in fear, etc. There is also a conditioning/immersion backlash than can occur. We are already living in Virtual Reality in a meat suit and likely took billions of years of evolution to get here and people still dizzy, sick, etc
 

mws87

talk less, listen more.
Read Fastlane!
Read Unscripted!
Speedway Pass
User Power
Value/Post Ratio
198%
May 5, 2015
493
978
California
I have a friend who started a business doing VR exposure therapy to cure things like fear of spiders,heights, social anxiety.
That's actually (in my opinion) an incredible idea. Sounds way better than forcing someone to have a bucket of spiders dumped on them or being stuffed onto an extreme roller coaster.
 
G

Guest3722A

Guest
Here's another crazy idea, mind you, I have no idea how VR works or what it is exactly nor do I care. But if it's what I think it is, imagine one day a group of musicians being able to practice with anyone in the world while staying in their own home. And even their instruments could be virtual.

"I'll take the Neil Peart drum kit please."

And if so, they could then also book gigs and perform in more than one place at the same time. A solid group could book multiple places simultaneously for one nights performance all over the world and have one heck of a payday seeing that nobody makes enough off of physically playing just one place. I would think this would have positive effects on stage fright too and I'd also think celebrities would welcome sitting in at times seeing they wouldn't have to actually meet anyone. Heck bringing a celeb in would probably sell out bars.

Bar/venue owners would love this because it would be more of a crowd fund payment that they would contribute to and then perhaps they could even make a copy of the event to play on other nights.

I can go on and on with this stuff. I think it's an interesting idea
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.
G

Guest3722A

Guest
@topherea

If you can imagine it, someone has probably built a prototype of it.

So then what comes to mind is if this is a new and emerging trend, and if the concern is that many prototypes have already been designed around the various uses and the entrepreneur doesn't think he'll be able to compete at the top level, where at can s/he compete within a use?

What specialized knowledge could contribute to advancements?

What are the picks and shovels
 

ilrein

Silver Contributor
Read Fastlane!
Speedway Pass
User Power
Value/Post Ratio
153%
Oct 1, 2012
390
597
32
@topherea

Software is eating the world. Every single aspect of life will be digitalized.

Differentiation will come down to the same things that worked in a physical market:
  • Quality and execution
  • Emotional appeal
In the case of the above example, the shovel is LeapMotion product, a physical hand sensor. The software could be seen as the gold. But truthfully, I don't think the same exact rules apply. The gold can plug into other shovels. Developers will target technologies that are as cross platform (and cross sensor) as much as possible.

Prototypes spawning just means the demand is there. Just like competition.

Oh, and platforms for hosting software is another shovel. Honestly, it's a better analogy that shovels spawn shovels here. Successful "gold" can allow third party access via APIs to turn their "gold" into "golden shovels".

Exciting times, no?
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.
G

Guest3722A

Guest
Exciting times, no?
For me, not so much. For you, it sounds like you have a decent level of knowledge and understanding with it and some enjoyment. So where do you see the holes that will need to be patched? Or have they all been thought out already?
 

luniac

Platinum Contributor
Read Fastlane!
Read Unscripted!
Speedway Pass
User Power
Value/Post Ratio
158%
Dec 7, 2012
1,781
2,811
33
brooklyn
For me, not so much. For you, it sounds like you have a decent level of knowledge and understanding with it and some enjoyment. So where do you see the holes that will need to be patched? Or have they all been thought out already?

The hole is that it still makes you look like a geek in your mom's basement:
iu
 

ilrein

Silver Contributor
Read Fastlane!
Speedway Pass
User Power
Value/Post Ratio
153%
Oct 1, 2012
390
597
32
VR is still a long time from being relevant. I wouldn't even concern myself with it, unless you are specifically in the programming space. Otherwise, who cares? It won't have any direct impact to you other than being a potential consumer product.

For fun, I recommend getting a hold of this fictional book.
 
G

Guest3722A

Guest
For fun, I recommend getting a hold of this fictional book.
Why?


In reading many of your posts just now my thought is you're a pretty smart person who's about at the point of trying to find your way. What I was trying to get at here was an attempt to build on some creativity.

Seeing that you have a strong liking to the forum here, I kinda get the feeling that entrepreneurship is something that could possibly be with you for life. Creativity is a very hard thing for many people to grasp I think maybe because they haven't been held down in it long enough. There is almost always something new and unseen that can help people out, even in saturated industries. There are almost always tricks and ways to figure out how to get the impossible possible. I know nothing about the topic here but willing to bet I can find several things that could possibly make it better. Things not thought of by others just yet seeing that it is new and apparently emerging.

This is what I was trying to get you to try
 
Last edited by a moderator:

jazb

Silver Contributor
Read Fastlane!
Speedway Pass
User Power
Value/Post Ratio
233%
Nov 24, 2013
361
840
The U.K
I disagree

VR will be the next platform.

What we really should be worrying about is the lack of productivity. because of all the guys using VR in the basement....
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

AgainstAllOdds

Legendary Contributor
EPIC CONTRIBUTOR
Read Fastlane!
Speedway Pass
User Power
Value/Post Ratio
647%
Dec 26, 2014
2,274
14,724
32
Chicago, IL
100% disagree.

VR's the future.

There's hundreds of geniuses right now in Silicon Valley and Shenzhen China creating the future of VR.

Is VR good as of now? No. But were video games good in the 80's? Same answer.

To put things into perspective, here's a product that will hit the market soon: http://www.teslasuit.com. That product is just step 1 of the hundreds to come.

QhaiOVu.png
 

JamesSJ

Bronze Contributor
Speedway Pass
User Power
Value/Post Ratio
112%
Apr 25, 2012
200
224
Here's another crazy idea, mind you, I have no idea how VR works or what it is exactly nor do I care. But if it's what I think it is, imagine one day a group of musicians being able to practice with anyone in the world while staying in their own home. And even their instruments could be virtual.

"I'll take the Neil Peart drum kit please."

And if so, they could then also book gigs and perform in more than one place at the same time. A solid group could book multiple places simultaneously for one nights performance all over the world and have one heck of a payday seeing that nobody makes enough off of physically playing just one place. I would think this would have positive effects on stage fright too and I'd also think celebrities would welcome sitting in at times seeing they wouldn't have to actually meet anyone. Heck bringing a celeb in would probably sell out bars.

Bar/venue owners would love this because it would be more of a crowd fund payment that they would contribute to and then perhaps they could even make a copy of the event to play on other nights.

I can go on and on with this stuff. I think it's an interesting idea


http://www.adsrsounds.com/news/air-drumming-with-aerodrums/
 

Post New Topic

Please SEARCH before posting.
Please select the BEST category.

Post new topic

Guest post submissions offered HERE.

Latest Posts

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Ideas needing execution, more!

Join Fastlane Insiders.

Top