Technology content trusted in North America and globally since 1999
8,589 Reviews & Articles | 67,094 News Posts

Oculus founder says there will be 'a lot of failures' in VR

Palmer Luckey says there will be 'a lot of failures' in VR, and that's the truth

By Anthony Garreffa on Mar 17, 2016 04:46 pm CDT - 1 min, 23 secs reading time

GDC 2016 - With the enormous success of Facebook's $2 billion acquisition of Oculus, everyone expects VR to be a money-making experience. Oculus founder Palmer Luckey pulled people out of a virtual world and back to reality by saying that there will be a lot of failures in VR, too.


During a chat at the Game Developers Conference, Luckey said: "I wish I could come up on this stage and tell you that virtual reality is going to change everything, it's all going to be for the better, nobody is going to fail and you're going to make so much money if you get involved in virtual reality".

He continued: "The actual truth is that we don't know how things are going to play out. We know there are going to be a lot of successes, but the likelihood is that there are also going to be a lot of failures, it's really the same of anyone else in the games industry. There's a lot of optimism, but the rubber hasn't really hit the road yet".

And you know what? He's right. There will be many small, and some very large failures for VR - in both software, and hardware. We have no idea who is going to succeed, and who is going to fail - and this won't be known until VR is here and in our hands and on our heads - starting later this month with the release of the Oculus Rift, and next month with the release of the HTC Vive.

Anthony Garreffa

ABOUT THE AUTHOR - Anthony Garreffa

Anthony is a long time PC enthusiast with a passion of hate for games to be built around consoles. With FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with high-end, custom-built PCs. His addiction to GPU technology is unwavering, and with next-gen NVIDIA GPUs about to launch alongside 4K 144Hz HDR G-Sync gaming monitors and BFGDs (65-inch 4K 120Hz HDR G-Sync TVs) there has never been a time to be more excited about technology.


Related Tags