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Goldman Sachs: VR and AR "Will Be The Next Generation Computing Platform" Worth $80 Billion By 2025 (roadtovr.com)

Posted by BeauHD on from the next-generation-computing dept.

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."

7 of 133 comments (clear)

  1. "Prestigious investment bank Goldman Sachs" by Anonymous Coward · · Score: 5, Insightful

    who calls scambags "prestigious" after 2008?

  2. I believe it. by some+old+guy · · Score: 3, Insightful

    By then real life will suck so much for the commoners that VR/AR will be the state-sanctioned escape and control mode.

    --
    Scruting the inscrutable for over 50 years.
  3. Translation by GrumpySteen · · Score: 4, Insightful

    "We invested in this technology before we realized it was the technological equivalent of putting retirement funds into Beanie Babies. Let's talk it up so that we can sell it all off to our technology-illiterate investor and let them take the loss when it all collapses."

  4. Translation by Anonymous Coward · · Score: 2, Insightful

    "We've made our investment, now pump up the bubble for us. We'll let you know when we got out."

  5. Re:Why? by Dunbal · · Score: 3, Insightful

    Because he's going to want to sell you a ridiculously priced stock in an IPO.

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    Seven puppies were harmed during the making of this post.
  6. WTF by wardrich86 · · Score: 4, Insightful

    What the fuck does a bank know about VR, AR, and tech trends? They're eons behind on tech.. probably still running COBOL servers.

  7. Re:nope by ranton · · Score: 3, Insightful

    I don't think everyone's reasons are as shallow as fashion. I used to wear glasses but stopped because it was just a plain hassle for not much benefit.

    Augmented reality will certainly fix the "not much benefit" part of your problem. I may not be able to see all of the benefits augmented reality will bring, but then again I thought smartphones were a silly luxury item in 2007. Augmented reality will just be this decades version of the smartphone when it comes to enhancing peoples' interface with technology.

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    -- All that is necessary for the triumph of evil is that good men do nothing. -- Edmund Burke