The only thing VR is going to eat in the next 5-10 years is (more) dirt. It’s still niche and I have yet to see any application to make it not niche. Including that.
VR is going to be as big as smart phones. It'll kill Hollywood, create new forms of entertainment, and entirely new economies will arise along the (Twitch, Patreon, OnlyFans)-axes.
Why do you think Zuckerberg cares so much? It might be the smartest bet he's made since Instagram.
It has the potential, but it is still so hampered by the physical constraints. You look like an idiot, you're not very comfortable, performance is meh, battery life is horrible and you need ample space to play in.
Even if all of this was fixed tomorrow, many people have been burnt by previous generations, and don't have much hype left for VR. I've mothballed my Go, my friends sold their Rifts. Fun as a gimmick but as a main gaming/media platform unthinkable.
While I agree that it's probably inevitable that it will become a staple device like a smartphone is today, I wouldn't hold my breath.
Why do you think Zuckerberg cares so much? It might be the smartest bet he's made since Instagram.
Just watch.