Mark Zuckerberg: VR isnt a 2020 thing, but hopefully isnt a 2030 thing
Summary
Five years since acquiring Oculus and Facebook CEO Mark Zuckerberg still lacks clarity on when virtual reality will become a mainstream technology. In an interview with CNETs Scott Stein, Zuckerberg was asked about mainstream adoption and said: I dont think its a 2020 thing. That price is chump change relative to unicorn valuations that dont hold up under public market scrutiny. Oculus did highlight a Farmers Insurance demo and those use cases typically pop up with the likes of HP, Lenovo, Microsoft and HTC. And then he takes a thinly veiled dig at rivals Apple, Google, Microsoft and maybe even Magic Leap.
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