AR and VR Are Cool Tech Ideas, but They Are Not Hot Investments
Another effort to make virtual reality a mainstream form of entertainment just bit the dust.
Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) breadwinner Google confirmed this week that its newly debuted Pixel 4 smartphone won't support its VR platform, Daydream. In fact, the company is discontinuing its Daydream View virtual reality headset, deciding a smartphone wasn't the right means through which to cultivate virtual reality users.
Were it just Google's Daydream View falling off the landscape, it might not mean much to the broader industry. But it's not just Google's tech having issues. Apple (NASDAQ: AAPL) opted to hold off on adding virtual reality and augmented reality to its product mix earlier this year. And Samsung (OTC: SSNLF) appears increasingly disinterested in seeing its smartphones used as VR vehicles, according to Oculus' John Carmack.
Source Fool.com
