People who enjoy fictional entertainment whether it’s in the form of books, plays or movies understands they enjoy the feeling of losing themselves in the story. For some years, the most popular movies are the fantasies that create entirely new worlds of fun and adventure. People forget about their own lives and their own bodies lying back in a darkened movie theater, and feel they are experiencing the movie. Books are inherently less involving for more people because they require the most active effort of imagination. It’s easy for most to experience the fantasy world by watching a movie. However, what if people could not only watch and listen, but experience another world as through their other senses as well, as though they are physically in the other environment.
In a recent blog article, investment writer Paul Mampilly says virtual reality and enhanced reality are the future of entertainment. Why read or even watch The Lord of the Rings when, someday, you’ll be able to live through the adventures of Frodo and company? He got a demonstration of the latest in VR. He helped to investigate a murder mystery, took a space walk outside and turned into a tree.
The hardware still needs improvement. Paul Mampilly says that. But companies with a lot of cash and clout are working on improving the delivery technology to make the experience feel as real as possible. According to Investor’s Business Daily, Facebook is spending $5 billion a year on its Oculus Rift VR headset. Microsoft bought Mojang, the making of the game Minecraft, for $2.5 billion to improve its VR capabilities, including its HoloLens gear. Intel makes the equipment that made Paul Mampilly feel like a tree. Google and Samsung Electronics are also making their versions of VR and AR.
A research company, IDC, says VR would generate $14 billion in sales in 2017, and this would grow to $143 billion by 2020. According to Paul Mampilly, another company is going to dominate this new area of entertainment. However, he reveals the name of that company only to readers of his Profits Unlimited newsletter from Banyan Hill. To know more, visit here.
Paul Mampilly is a Wall Street legend who stays in touch with the latest advances in technology so he can tell his readers what companies to buy next, so they can ride the new megatrends to fantastic wealth. He has managed money for big Wall Street firms, private Swiss banks and a hedge fund. But he now prefers to help ordinary people become wealthy.
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