Virtual Reality & Augmented Reality
Posted: August 12, 2016
As I mentioned in last week's editorial, the next big thing in personal technology is virtual reality. According to the July 8, 2016 The Kiplinger Letter, the head-mounted displays that let users navigate a lifelike virtual 3-D world will see a blockbuster 2016, hitting $1 billion in sales.
There is also something called augmented reality, which is closed related tech that shows digital information within lenses worn by users. By 2025, global sales of both will soar past $100 billion. Eventually, Virtual Reality and Augmented Reality will grow as big as today's market for smartphones and personal computers.
Among the biggest users of business that use that virtual reality and augmented reality will be training workers in safety precautions at nuclear plants, coal mines, oil rigs and elsewhere. It will also be used by physicians to provide vitals while they perform open-heart and other surgeries. Companies that hold meetings via conference calls will be able to have the meetings in 3-D, in which some of the participants appear as holograms.
The good part is more and more companies will adopt the technology as costs come down. Some gear that once cost as much as $50,000 can now be bought for about $4,000. Frankly, I don't understand much of this, but it is intriguing that more than $1 billion in sales is foreseen for 2016.
RANDOM THOUGHT #1: I have watched the Olympics every night since it's been televised. Maybe it's my age, but I am intrigued by how much work athletes put into their training. I especially like the women's gymnastics and the swimming relays. I spent last Friday night watching the opening ceremonies of the Olympics in Rio de Janiero, Brazil. Unfortunately, I thought the opening ceremonies were kind of lame, maybe because I don't speak Portgagese, which is the native language in Brazil. I kind of felt like I was watching a parade.
I've spent countless hours watching events that I never thought I would watch. For instance, I actually watched the two-man kayaking. I watched ladies' beach volleyball and mens' volleyball. I also watched the table tennis, which was very interesting.
RANDOM THOUGHT #2: So you know how the Sunday Leader Telegram has those two folded sections in the first two sections of the paper? Well, I don't like them and most people agree. However, later this month, I will be promoting Festival in the Pines in one of those folds, which are called Spadia. Go figure.