Magic Leap is a Tragic Heap, Says Oculus Cofounder (palmerluckey.com)
Palmer Luckey, the co-founder of Oculus, has something to say about the competing Magic Leap gear. He writes: The title of this review was carefully chosen, not glibly. I want what is best for VR and all other technologies on the Reality-Virtuality Continuum, Magic Leap included. Unfortunately, their current offering is a tragedy in the classical sense, even more so when you consider how their massive funding and carefully crafted hype sucked all the air out of the room in the AR space. It is less of a functional developer kit and more of a flashy hype vehicle that almost nobody can actually use in a meaningful way, and many of their design decisions seem to be driven by that reality. It does not deliver on almost any of the promises that allowed them to monopolize funding in the AR investment community.
IIRC Oculus didn't have that much trouble getting funded, for both their initial product and subsequent developments. The article reads as a fair rundown of what Magic Leap is about and how it stacks up to the hype. Conclusion: it doesn't. Magic Leap had all the hallmarks of a classic Silicon Valley scam: incredibly impressive mock-ups coupled with impenetrable secrecy and no details on their actual product whatsoever, landing a few big fish in VC funding and dropping their names to convince other investors to attend their privileged, exclusive dog&pony shows. They promised a world-shaking game changer in AR technology, and turned out to be a mediocre also-ran with pretty much no new tech to offer. If I were one of the investors, I'd be cranky too.
So yeah, I'd rather have seen all that funding go to Oculus instead... except that they're now owned by Satan.
If construction was anything like programming, an incorrectly fitted lock would bring down the entire building...