Traditionally, to create 3D virtual environments, we had to “build” all of the objects in the environment by hand using traditional modeling tools. Development of photogrammetry and video photogrammetry (like 8i.com), Tango and Lytro to map 3D rooms. Importantly, this ability to manipulate objects and space in VR is going to stimulate many applications beyond gaming.ģ. My personal take on VR is that the turning point will happen when we can use our hands (not just our eyes) to manipulate the virtual world.” Rosedale explains, “Hand controllers are the devices that enable us to actually reach out and touch and manipulate the things in the virtual world. Development of hand controllers, most recently the Samsung ‘Rink’. Add this to the Samsung Gear, which is already out on the market, and we’ve got a new industry.Ģ. The companies are: Oculus (via Facebook), HTC and Sony. Three companies in particular are racing to the market - and this competition validates that VR is now a major opportunity.

We expect that many of the major tech companies will release their first batch of consumer-ready products into the market. Major companies (Oculus/Facebook, Sony, HTC) will launch consumer products this year.

Here are the breakthroughs Philip identified in VR from 2012–2015.ġ. Top 5 Recent VR/AR Breakthroughs 2013 – 2015 The implications of VR are staggering, and I asked Philip to share his top five breakthroughs from the past three years to illustrate some of them. Over the past two years, well over $5 billion has been invested in AR and VR by all of the major technology companies, from Google to Microsoft and Samsung to HTC. Imagine a digital layer reminding you of names and birth dates of colleagues, or offering how-to instructions when trying to learn a new skill. Business meetings, conferences and concerts will soon all be held in virtual environments.Ī related technology is AR, or augmented reality, which merges computer-generated graphics or video on top of the real world we see before us.īy projecting a digital layer of information on top of our personal reality, AR gives us the ability to digitally enhance what we see. VR will ultimately impact everything from real estate to retail and healthcare and education. The addition of hand controllers offers users the ability to manipulate digital objects in the virtual world. Most famously, VR is Oculus Rift, Samsung Gear and Google Cardboard. VR offers computer-generated images that appear on a headset.

Virtual Reality (VR) artificially creates sensory experiences, which can include sight, sound and touch. He’s truly an amazing thinker.īefore we dive in, here’s some context around VR. Earlier in his career, he was the creator/founder of Second Life, and more recently, he is the CEO of High Fidelity. Philip really is one of the world’s leading experts in AR and VR. Virtual Reality - ContextĪt A360 this year, my expert on VR/AR was Philip Rosedale. Then, we explored the patterns that emerged. This year at my Abundance 360 Summit I decided to explore this concept in sessions I called Convergence Catalyzers.įor each technology, I brought in an industry expert to identify their top five recent breakthroughs (2012-2015) and their top five anticipated breakthroughs (2016-2018). Where Artificial Intelligence Is Now and What’s Just Around the CornerĪn expert might be reasonably good at predicting the growth of a single exponential technology (e.g., the Internet of Things), but try to predict the future when AI, robotics, VR, synthetic biology, and computation are all doubling, morphing and recombining… You have a very exciting (read: unpredictable) future. When the World Is Wired: The Magic of the Internet of Everything

And be sure to read the first two posts if you haven’t already: Future posts will look at other tech areas. This post (the third of seven) is a look at virtual and augmented reality. Unexpected convergent consequences…this is what happens when eight different exponential technologies all explode onto the scene at once.

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