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Mark Zuckerberg thinks virtual reality needs at least 10 years to take off like smartphones

Posted: , by Luis D.

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Mark Zuckerberg thinks virtual reality needs at least 10 years to take off like smartphones

Virtual reality made a significant breakthrough at this year's MWC. Surely you must remember how Samsung orchestrated Facebook chief Mark Zuckerberg's appearance at the Galaxy S7 & S7 edge announcement. Zuck blew the Gear VR-donning audience's minds when he appeared in the flesh after presenting himself in a VR short, projected in the Gear headsets as he walked towards the stage.

A week later, the man sat down for an interview with Axel Springer CEO Mathias Döpfner for the German newspaper "Die Welt am Sonntag" in Berlin. VR entertainment is about to gain more awareness among consumers, especially as the high-profile HTC Vive and Oculus Rift headsets are about to launch this year, and Golden Sachs analysts predict that VR will be an 80 billion dollar business.

Virtual Reality is going to be an important technology.

Being the CEO whose company bought Oculus for $2 billion, Zuckerberg naturally gave an interesting and informed perspective on VR's future development for the newspaper. "We are betting that Virtual Reality is going to be an important technology. I am pretty confident about this." - he said, adding that there have already been one million hours of 360-degree video consumed with the Samsung Gear VR, which is developed in partnership with Facebook-owned Oculus.

Confident as he is in VR, the social network boss thinks it will take at least ten years before the technology reaches the mass market like smartphones have. "It took 10 years to go from building the initial smartphone to reaching the mass market. BlackBerry came out in 2003 and it didn’t get to about a billion units until 2013." - explained Zuckerberg, adding that he "can’t imagine it would be much faster for VR."

The CEO also admitted that the Samsung Gear VR, which uses Facebook-owned technology, "will probably ship many more units than the Oculus Rift." Still, Zuckerberg acknowledged that this will help establish VR globally, and he's not worried of interest conflicts, because the headsets are of "different price points and quality." The Gear VR is already on sale for $100, compatible only with select flagship handsets by Samsung. The PC-based Oculus Rift is up for pre-order at $600 and will ship later this year.

He also offered a glimpse at the future path for VR content. "A lot of it is going to be videos, getting richer and richer. In the future, I think you are going to want to capture a whole scene, a room, to be able to transport to that. To be able to stream what you are doing live and have people be able to interact in that space." Also, Zuckerberg "absolutely" thinks that VR will be the most frequent type of chat conversation one day.

source: Business Insider

14 Comments
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posted on 01 Mar 2016, 08:23 1

1. hexa-core. (banned) (Posts: 58; Member since: 28 Feb 2016)


In 10 years?! No way. More like 5.
VR FTW!

posted on 01 Mar 2016, 10:23

5. Unordinary (Posts: 1285; Member since: 04 Nov 2015)


One year if Apple releases it.

posted on 01 Mar 2016, 11:24

8. S.R.K. (banned) (Posts: 678; Member since: 11 Feb 2016)


There are plenty of conspiracies regarding Apple’s secretive ways and the extent to which the company actually manufactures products designed to lock people out of expansion that would increase the lifespan of their devices, and here take a look at the reasons why many think Apple is being devious, if not slightly evil, in regards to their consumer products.

posted on 01 Mar 2016, 13:50

9. Unordinary (Posts: 1285; Member since: 04 Nov 2015)


Are you stupid or something?

Sorry...that was a stupid question. I already know the answer. Re-read the title, the relation of the title in comment #1, and relation to both in comment #5. Please, do not bread off-spring.

posted on 01 Mar 2016, 18:35 1

11. canner (Posts: 68; Member since: 29 Feb 2016)


I dont think hes gonna bread his off spring. he may be a conspircy theorist but i dont think hes a cannibal

posted on 01 Mar 2016, 08:44

2. jas0n (Posts: 54; Member since: 01 Mar 2016)


"Golden Sachs"?? are they big?

Im wondering why you'd buy Oculus for $2B when you think VR is 10 years away from being popular.

posted on 01 Mar 2016, 09:27

3. Shocky (unregistered)


Thing's will start moving much faster over the next year or so, I doubt it will take 10 years with the current pace of technology.

posted on 01 Mar 2016, 09:48 2

4. cdgoin (Posts: 512; Member since: 28 Jul 2010)


It will never catch on in its current form. Any doubts I give you 3D TVs.. how many of them and the 3D Channels still exist ? Exactly. 3D doesn't work well for many people.. its gimicky. Even 3D movies have never taken over as they said they would. Sure some movies come out in 3D but it was supposed to be a revolution.

posted on 01 Mar 2016, 10:42

6. yoosufmuneer (Posts: 1498; Member since: 14 Feb 2015)


VR has to be invented by Apple

posted on 01 Mar 2016, 10:48

7. TMHKR (Posts: 51; Member since: 08 Dec 2012)


Goldman Sachs, Zuckerberg, and VR as "important technology" - am I the only one who thinks this would be a disastrous combination?

posted on 01 Mar 2016, 16:28 1

10. Totse2k15 (Posts: 451; Member since: 11 Feb 2014)


[F]uck VR (I will prob get dizzy quick). I want hologram like in the movies/video games.

posted on 01 Mar 2016, 21:29 1

12. darealist (Posts: 105; Member since: 25 Feb 2015)


It's a gimmick right now. He's right about this. It'll probably be another forgotten tech few years from now. At least Facebook got money to waste. Ain't nobody gonna pay $800 to wear a stupid heavy google just to have a screen in your face. Save $$$ for a big screen tv brah.

posted on 02 Mar 2016, 09:56

13. BlackhawkFlys (Posts: 210; Member since: 07 May 2014)


Have you used one?

posted on 03 Mar 2016, 06:22

14. HonestRealist (Posts: 196; Member since: 25 Jan 2016)


Less than 10 I'd say.

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