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Goldman Sachs: VR and AR "Will Be The Next Generation Computing Platform" Worth $80 Billion By 2025 (roadtovr.com)
An anonymous reader writes: As consumer VR headsets from major players like Facebook, Sony, HTC and Valve head to the market this year, the mainstream consumer market is beginning to catch sight of the technology's potential. Prestigious investment bank Goldman Sachs calls augmented reality and virtual reality "the next generation computing platform" and forecasts an $80 billion market by 2025. "We think this technology has the potential to transform how we interact with almost every industry today, and we think it will be equally transformative both from a consumer and an enterprise perspective," says Heather Bellini, Business Unit Leader in Telecommunications, Media and Technology at Goldman Sachs. "At the end of the day we think VR and AR will be as transformation as the smartphone market."
You're fucking stupid - 100 years ago the majority (like 80%) of the Western population were farmers busting their asses making barely enough to survive. Now you can get fat for pocket change, while easily affording luxuries even the weathiest couldn't even dream of back then, all because of capitalism. Of course no westerner is going to do the labor to manufacture those goods - we expect much better wages and cheaper goods. Using foreign labor harms nobody and is a testament to how amazing capitalism is since it has the effect of driving up the standard of living in these foreign countries. The economic growth in these countries over the past 20 years has been astounding - all because they are able to attract foreign investment by undercutting the price of labor. There's plenty of evidence that shows capitalism totally crushes any other economic system, and socialism is a complete failure - get over it, to suggest otherwise just shows you're an ignorant fool who lacks even the most basic understanding of economics and world history. Capitalism has wiped out the gross majority of poverty in just a little over 100 years, the world is better than ever before, there's less violence, more food, and overall better quality of life for more people than ever before.