Environmental collapse is actually one reason why I think it will start to become more common, especially in the corporate world. It would basically be an easy way for companies to start or expand with minimal resource use. The vast majority of desk jobs could be transplanted to virtual work spaces, which would mean no need for commutes, physical offices, work visas, etc., which would be a boost to a specific company's profits in the midst of a squeeze on global resource use. A depressing future, but one that I think is somewhat realistic as capital attempts to adjust to issues posed by climate change.
That's where the economic crash comes into play. Most of Silicon Valley is financed by a massive venture-capital bubble, companies are pumping up their numbers with reverse factoring, and The Line has been so divorced from reality you wouldn't know we're in a recession from looking at it. VR is a resource intensive luxury good that barely has a market share as is. I'd be surprised if it's not one of the first tech industries to go bottom up.
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Don't worry, the environment and economy will collapse before it gets the chance.
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Environmental collapse is actually one reason why I think it will start to become more common, especially in the corporate world. It would basically be an easy way for companies to start or expand with minimal resource use. The vast majority of desk jobs could be transplanted to virtual work spaces, which would mean no need for commutes, physical offices, work visas, etc., which would be a boost to a specific company's profits in the midst of a squeeze on global resource use. A depressing future, but one that I think is somewhat realistic as capital attempts to adjust to issues posed by climate change.
That's where the economic crash comes into play. Most of Silicon Valley is financed by a massive venture-capital bubble, companies are pumping up their numbers with reverse factoring, and The Line has been so divorced from reality you wouldn't know we're in a recession from looking at it. VR is a resource intensive luxury good that barely has a market share as is. I'd be surprised if it's not one of the first tech industries to go bottom up.