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Virtual Reality's Future Is Unclear, but Dollars Are Pouring Into It

By Rex Moore and Dylan Lewis - Mar 31, 2016 at 6:42PM

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At SXSW 2016, VR took center stage. In this video, we explain some of the major trends we're seeing in the space.

Virtual reality was the overwhelming trend to watch in consumer tech this year at South by Southwest in Austin, Texas. 

The technology is fairly new, and some of the most anticipated devices, like the Rift from Facebook's (META 4.79%) Oculus, aren't even in consumers' hands yet, but that hasn't prevented the space from exploding in the past year. 

In this video, The Motley Fool's Dylan Lewis and Rex Moore discuss:

  • How some companies are building out immersive VR hardware.
  • How content providers like Discovery (DISC.A) are thinking about VR content.
  • Why so many booths at SXSW were giving away the Cardboard VR sets made by Alphabet (GOOG 4.29%) (GOOGL 4.06%).

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Stocks Mentioned

Alphabet Inc. Stock Quote
Alphabet Inc.
GOOGL
$2,262.99 (4.06%) $88.24
Meta Platforms, Inc. Stock Quote
Meta Platforms, Inc.
META
$167.69 (4.79%) $7.66
Warner Bros. Discovery, Inc. Stock Quote
Warner Bros. Discovery, Inc.
DISC.A
Alphabet Inc. Stock Quote
Alphabet Inc.
GOOG
$2,275.18 (4.29%) $93.56

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