Facebook Reality

I love when giant tech companies give keynotes. If they are streaming I tend
to watch them and soak in the presentation. Facebook's developer conference
kicked off today and I watched with excitement to see all of the new
announcements start to trickle in.I was mostly interested in anything that
they are doing with VR. Having Oculus in the portfolio there was bound to be a
number of announcements. They announced "Facebook Spaces" spaces are there
social VR app that allows you to do certain things with friends and you can
interact with an avatar. But, there was a component of having people video
call into these experiences with the messenger. In the demo, there was a panel
with a person calling in from a phone and interacting with this avatar in this
Virtual space.Facebook being the advertising juggernaut watching this demo I
couldn't help but think of where the revenue would come in. The room could
have sponsored panels or the room could be sponsored by "Mountain Dew" or a
movie trailer could start to auto-play on a panel in the corner and be muted
of course.A number of people owning an oculus are going to be on the small
side. But, this allows people with heads to bring people in to experience
these new worlds. It is going to make people showcase the brand and the
experiences. From, what I have seen with VR. I had to see it and use it and
interact with it before I was completely bought in.AR demos were shown off in
some pieces. I think these are just going to be really just demos until we get
their wearables. Being able to position data and manipulate the world with a
wearable. Now, that is something I would want to play with.