Microsoft stops betting on VR
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Among the layoffs at Microsoft are entire teams from HoloLens, AltSpaceVR, and the Mixed Reality Toolkit, leading to speculation that the company has abandoned its virtual reality and augmented reality projects.
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Current VR techniques still rely too much on tricking the senses and perception in general, I don't think its use will spread until other better techniques are developed.
However, Tony Stark's glasses would be a hit, and I think that could be done (even if Jarvis were the mobile in your pocket)