Oculus CEO Steps Down... Is Gaming VR OVER?

Tech and Science News: Oculus CEO Steps Down... Is Gaming VR OVER?

First the projections for VR revenue dropped. Then they dropped again. Then they dropped again. Then it turns out it's tough for developers to make money with VR games. Now Oculus is restructuring and its CEO is stepping down. Is the gaming era of VR ending before it really got started?

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Comments (10)

  • Kidd_Gibson FIRST Member Star(s) Indication of membership status - One star is a FIRST member, two stars is Double Gold

    4 months ago

    Great to see Elyse on here, she did great!

  • RiverRunning

    4 months ago

    Glad to see Elyse on The Know - she makes a very good pairing with Ashley :)

  • EricHVela FIRST Member Star(s) Indication of membership status - One star is a FIRST member, two stars is Double Gold 7-4 M-F CDT

    4 months ago

    How many different VR games can developers make that won't cause a player to throw up? There's that pesky inner-ear thing that requires a player to move in the real world parallel to the virtual world or they risk experiencing motion sickness. Yet, there are thousands of games squeezing into that limited space*, and all that does is dilute income with clones of clones upon clones.


    The next step in VR is to figure out an immersive way to get around that vestibular apparatus. Until then, VR is going to keep melting away into a sea of clones. So to the VR devs... Let's go study anatomy and fix this problem. That is what will give VR better longevity.


    (*The pun is not intended, but I'm keeping it anyway.)

  • AggravatedDamage FIRST Member Star(s) Indication of membership status - One star is a FIRST member, two stars is Double Gold Warlock of Wrath

    4 months ago

    Quishe... aka. Elyse... ftw... That is all.

  • dchild59 FIRST Member Star(s) Indication of membership status - One star is a FIRST member, two stars is Double Gold

    4 months ago

    I just see vr as something to do for maybe 30 mins and than getting bored with it and moving on to another game, I talk to a few friends that have it and they don't seem to touch it that much anymore. 

  • MartyGras2

    4 months ago

    Yay! Elyse on The Know. :) 

    Yes VR Game Development is very expensive.  

    VR needs that game that everyone wants to get.  Like Halo for the Xbox.

  • BABE_CITY

    4 months ago

    elyse

  • DavidtheWavid FIRST Member Star(s) Indication of membership status - One star is a FIRST member, two stars is Double Gold

    4 months ago

    And here I was hoping they meant Palmer Luckey, the racist bastard.

  • kroska FIRST Member Star(s) Indication of membership status - One star is a FIRST member, two stars is Double Gold

    4 months ago

    Hooray Elyse on The Know! 
    Thought HTCVive might over take profits for VR but looks like they're all in the gutter. It's probably going to take another two years for content creators and hardware creators to have something cheap enough for a mass consumer base. 

    Unless VR becomes as essential as a phone to the consumer their sales will constantly hover below 500k per year. Thankfully Oculus has a rich daddy facebook to burn money through until they succeed. 

  • DarkTempler7 FIRST Member Star(s) Indication of membership status - One star is a FIRST member, two stars is Double Gold

    4 months ago

    I really hope that this is the beginning of the end of VR being a thing. It's so annoying and it's nothing but a gimmick anyway.