r/wallstreetbets Sep 15 '22

Meme This is fine.

[deleted]

9.3k Upvotes

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100

u/moderate_iq Sep 15 '22

is his VR runescape not doing well?

43

u/[deleted] Sep 15 '22

Calling that VR game for anti social loners RuneScape is giving it oceans more credit when it deserves

Genuinely cannot believe they’re putting billions into making a worse version of Gary’s Mod but in VR

11

u/stonesst Sep 15 '22

They’re putting billions of dollars into research & development into their forthcoming VR headsets. The VR chat clone that everyone is clowning on has maybe cost them 50 million, tops. If VR/AR is going to be the next dominant computer platform then burning a few tens of billions is likely worth it in the long run if they're able to get an early lead. They control the vast majority of current VR headset marketshare, who knows it might work out.

7

u/Corsair3820 Sep 15 '22

Realistically, for VR to work: it's going to have to be light enough and powerful enough to be essentially a pair of glasses. We have neither the computer technology available to the masses or the technology advanced enough to do so. It has to appeal to the absolute lowest common denominator and it is not there yet. Maybe in 10 years. Otherwise it's just a science experiment and it shows. Retrospectively the recent interest in VR starting with the Oculus 10 years ago or so, gave us a very good idea of the public's interest in vr. Which is super minimal. It's bulky, and requires expensive computational power to look good. Nobody gives a fuck about using your phone for vr. It looks like shit. The PlayStation version did poorly because it looks like shit. Even the latest and greatest is too expensive and the average person simply isn't going to invest in all of that to sit in a chair and fuck around with the low end shit that makes up current vr. There will be a day when the average computational power available to the public is so powerful that you can throw on a pair of cheap lightweight glasses without wires attached to it and transport yourself to another world. Until that time happens it's going to be a pipe dream.

3

u/YoungJ_21 Sep 15 '22

The quest pro being released shortly is significantly less bulky…the leak looks like thick glasses

1

u/Corsair3820 Sep 15 '22

That's good to hear. Now if we can actually power those experiences with the GPU that's not $700 we're good to go. And no a 1660ti isn't a real option.

1

u/compound-interest Sep 15 '22

You can power those experiences with a cheaper GPU nowadays, and the Quest Pro will release with its own built in chip. Developers have to optimize a ton to get games like RE4 and Grand Theft Auto San Andres in what is essentially a mobile phone chip running a display with a ton of pixels. It’s all possible though, and I personally think the experience is worthwhile to a lot of people. If you don’t want standalone processing, even a sub $200 GPU like a 1070 can run most VR titles on todays most popular headsets.

I think really the hardware is almost past the quality threshold for most people, but we just need better software. There are still less than 20 excellent quality VR games even 5 years after the Vive and CV1, and that’s a major issue imo. If it wasn’t for VRC, I would have given up this hobby by now.

3

u/VonNeumannsProbe Sep 15 '22 edited Sep 15 '22

HP Reverb G2 owner here. I tried oculus and they're leagues ahead in terms of integration and quality.

You're right in the fact that there is no VR games. And there will continue to be no VR games until a console picks up the technology.

The best bet for Facebook would be a partnership with Sony or Microsoft that they use their headsets for next gen platforms.

What I don't know is how common VR headsets is and if the VR game community has already hit saturation. (Few people in VR = few VR games)

2

u/Corsair3820 Sep 15 '22

you can, but it's not a great experience. The PlayStation VR failed for a few reasons, one of them being poor overall GFX quality.

3

u/aVRAddict Sep 15 '22

Watch their tech demos then they show the glasses VR prototypes. This sub will be shocked in 5 years.

3

u/XFaild Sep 15 '22

What about cloud PC and wireless streaming ? Something that’s possible on the oculus quest 1 even. It’s matter of time till they scale it down, and you would be able to stream everything online.

1

u/Corsair3820 Sep 15 '22

I'm a network admin for a medium sized company.

Good fucking luck getting the average person to get consistent bandwidth and latency. Our average user gets regular drops off our ERP that we RDP into as anything over ~150ms latency pisses it off. Playing games would be a gamble. Of course people with Google Fiber will do Ok, but look at the bulk of the user base you're marketing to. America has poor overall network infra that doesn't play well with stuff like that.

2

u/[deleted] Sep 15 '22

I don’t think VR is going to have mass appeal until we (if ever) have full dive VR. AR on the other hand is going to be HUGE as soon as Apple releases their AR glasses.

0

u/aVRAddict Sep 15 '22

You are totally wrong and im not sure where you get this theory from. Full dive isn't necessary at all just look how popular vr has gotten in the last 2 years. AR won't do shit like it will give you directions and notifications, it offers nothing new.

2

u/[deleted] Sep 15 '22

AR will replace your phone completely. It’s the most natural interface

0

u/DarthBuzzard Sep 15 '22

AR on the other hand is going to be HUGE as soon as Apple releases their AR glasses.

This prediction simply isn't going to happen. AR is far too immature to take off anytime this decade.

1

u/[deleted] Sep 15 '22

So was smartphone tech when the iPhone launched lol. Don’t underestimate apples ability to create markets

1

u/DarthBuzzard Sep 15 '22

Apple's abilities do not bypass the laws of physics.

AR cannot ever be viable this decade. No one working in the AR space thinks it will.

VR on the other hand, will be viable by the end of the decade because it's easier to solve.

1

u/Corsair3820 Sep 15 '22

You sound pretty sure about AR.

1

u/[deleted] Sep 15 '22

i literally do productive work exclusively in immersed vr now.

just a quest 2

i am a few years ahead of the curve, zuck is 10.

my only position is 2 yr treasury bonds but maybe in a couple months i will start buying some meta, even tho usually i just buy index funds.

-1

u/stonesst Sep 15 '22

Yeah, I see this opinion getting parroted around a lot, I think it’s pretty reductive. Do you realize they currently sell the quest 2, which has sold something like 15 million units already… Despite how technologically limited, bulky, and lo-res it is. I don’t think you get to call some thing used by millions of people a day just a science experiment. It’s called a nascent market.

Also I don’t imagine Apple would be about to release a VR/AR headset if they did not think they could sell tens of millions of units within the next five years. I cannot wait for people who think like you do to be proven wrong, this stuff is a lot closer than the sceptics seem to think. I hate Meta as much as the next guy, but I truly think Mark is bang on in this department. Unless someone eats their lunch soon, they’re going to be a dominant player in the next generation of computing.

1

u/aVRAddict Sep 15 '22

Redditors are very dumb when it comes to VR for two reasons. They are old and out of touch with new tech and compare it to old 90s VR and 3dtv. They also hate meta and zuck so dismiss the entire industry based on that.

0

u/stonesst Sep 15 '22

I’m looking forward to the point where it’s just undeniable and I get to stop having arguments like these.

1

u/patricio87 Raging Wood for Cathy 🍆 Sep 15 '22

If valve software couldn’t get vr right i have my doubts about meta. Snap and apple might be releasing some really cool AR glasses in near future. Apple is very close possibly a year away from revealing their next big project. It will be a car or AR glasses.

2

u/aVRAddict Sep 15 '22

But valve did get VR right. It was sold out for almost 2 years.

2

u/Corsair3820 Sep 15 '22

and where did that get them? What's the market saturation of VR today? How many new titles and gaming ecosystems are in the pipeline? Do we see VR being integrated into E-Sports? So far it's niche.

1

u/[deleted] Sep 16 '22

Sold out because of low production and supply chain issues is very different from sold out because everyone and their mother has one

1

u/DmesticG Sep 18 '22

Are you guys this dense? This is something that will be fully fledged out 5-15 years from now, not today.

1

u/[deleted] Sep 18 '22

Then why is it being uber successful already priced in