Earlier quoted context omitted.
It's more that the industry is bearish on long bets in a tight financial climate. The tech for VR/AR is too clunky to seamlessly integrate into peoples' daily lives like mobile phones and smart phones did. There will need to be an iPhone-like leap in affordable and portable vision tech before VR/AR becomes a feasible marketplace.
There was Google Glass but it got laughed out of town for being made for dorks. Seemed like perfectly good tech.
Microsoft has laid off entire teams behind Virtual, Mixed Reality, and HoloLens
91–100 of 252 posts
Re: Microsoft has laid off entire teams behind Virtual, Mixed Reality, and HoloLens
#92I mean, these were cute and demos were a bit "wow" but the practicality seemed reduced, especially when most of the use cases they demonstrated would be covered by a phone call. The big industrial use case I saw was to receive teleguidance to repair equipment, the ground reality is that most of the time if you don't know how to fix it... You're not allowed to try to fix it.
Re: Microsoft has laid off entire teams behind Virtual, Mixed Reality, and HoloLens
#93Earlier quoted context omitted.
I don't think this is responsive to my comment.
Your comment implicitly asserts the faulty premise that downside is purely loss of income, which I implicitly contradicted.
Re: Microsoft has laid off entire teams behind Virtual, Mixed Reality, and HoloLens
#94Re: Microsoft has laid off entire teams behind Virtual, Mixed Reality, and HoloLens
#95Shutting down AltSpace should be a loud warning bell for Meta’s Horizon Worlds. Horizon is basically a badly executed AltSpace. AltSpace was super niche, but some artists and marginalized people seemed to find a home there. It was like an odd cross between a digital Burning Man and a BIPOC LGTBQ+ neurodivergent support group. I had a memorable conversation during the height of the pandemic with an older gay man whose…
Re: Microsoft has laid off entire teams behind Virtual, Mixed Reality, and HoloLens
#96It's funny I keep thinking about how the same people might work on the same thing but with different terms. As a W2 employee you make great money, but your upside is capped. Your downside is never capped, of course. As a founder you make okay money, you have better upside. But the same corp that fired you will invest that money with the VC that funded you. So, either way, the capital flows through the corp to you, an…
What?
Unless your work literally drives you to suicide, the cap on the downside is 'You go out and interview until you find another job.'
You aren't risking your own money - you're an employee. You get paid for your work.
Re: Microsoft has laid off entire teams behind Virtual, Mixed Reality, and HoloLens
#97It's funny I keep thinking about how the same people might work on the same thing but with different terms. As a W2 employee you make great money, but your upside is capped. Your downside is never capped, of course. As a founder you make okay money, you have better upside. But the same corp that fired you will invest that money with the VC that funded you. So, either way, the capital flows through the corp to you, an…
> Your downside is never capped, of course. Surely your downside is capped at zero?
Re: Microsoft has laid off entire teams behind Virtual, Mixed Reality, and HoloLens
#98How does that effect the crazy fat DND contract MS has for HoloLens?
https://www.theregister.com/2023/01/12/congress_hololens_mic...
Re: Microsoft has laid off entire teams behind Virtual, Mixed Reality, and HoloLens
#99It's funny I keep thinking about how the same people might work on the same thing but with different terms. As a W2 employee you make great money, but your upside is capped. Your downside is never capped, of course. As a founder you make okay money, you have better upside. But the same corp that fired you will invest that money with the VC that funded you. So, either way, the capital flows through the corp to you, an…
I agree. I think the next 5-10 years will see a massive wave of new companies come out of this. There's been so much talent locked up in bigtech for so long. The amount of talent in these companies that have had golden handcuffs forever due to the continual rise of their stock grants is staggering. Now suddenly bigtech stock is down 50%+, and they can't issue enough RSUs to cover the compensation gap. Moreover, there…
I want this to be true, but I don't see how.
Good talent is still locked up in BigTech.
Talent that got freed up was working on things BigTech had no way of make money off of, even long term.
On the other hand, SmallTech offers now have a better chance, and seem attractive, to said talent. That must count for something.
This round of layoffs is proof that BigTech safety net is a lie. But not enough to push people with dependents to take on the pain and uncertainty that starting up ensues.
Re: Microsoft has laid off entire teams behind Virtual, Mixed Reality, and HoloLens
#100Shutting down AltSpace should be a loud warning bell for Meta’s Horizon Worlds. Horizon is basically a badly executed AltSpace. AltSpace was super niche, but some artists and marginalized people seemed to find a home there. It was like an odd cross between a digital Burning Man and a BIPOC LGTBQ+ neurodivergent support group. I had a memorable conversation during the height of the pandemic with an older gay man whose…