Forbes September 26, 2024
Charlie Fink

Summing up Meta’s announcements at its Connect developer conference. On Wednesday, the company showed the world how it is spending $12 billion a year on XR headsets and research. According to observers like Magic Leap’s founder, Rony Abovitz, they are getting their money’s worth: the successor to the smartphone. “We can start to see how the future of computing and the future of human connection are going to look,” said Zuck from the stage Wednesday. “It’s happening.”

Everyone is buzzing about Orion, the prototype AR headset too expensive to build. If they actually manufactured it the headset would be two or three times the price of the Apple Vision Pro. For this reason, Orion in its present form will never...

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Topics: Investments, Metaverse/VR, Technology, Trends
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