This was a very interesting BUZZ that I found today and wanted to share with you.
Originally posted on: https://www.forbes.com/sites/moorinsights/2018/10/03/the-long-road-ahead-for-magic-leap-and-ar/#4d889ad82619
I want to start off this brief by saying that I’m a huge proponent of AR and VR and I don’t want to come across as a naysayer. It’s important to note that mistakes have been made by all players on the scene at some point or another, and what really matters is whether or not a company learns from its mistakes and bounces back. Today I want to talk about the Magic Leap One, Magic Leap’s much-awaited and over-hyped augmented reality (AR) headset. I got a chance to try out the headset for a couple of days, and I’ve formed some opinions of the company, platform, and hardware that I would like to share. Ecosystem development problems To date, Magic Leap has raised by far the most money of any startup in the immersive computing space. However, Magic Leap’s approach to developing its headset and platform is both time and capital intensive, since it seeks to do almost everything in-house. This fundamentally puts limitations on what Magic Leap can accomplish with its capital and resources. Sure, it’s got over $1 billion, but it also has a lot more expenses than other companies.
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