VR: Bigger than reality, eventually (part 1)

The day their son took his first steps, Mark Zuckerberg’s parents did what most anyone would do in 1985: they wrote it down. Fast forward to when Zuckerberg’s sister documented the first steps of her sons: she used a mobile phone. And later this year when Zuckerberg’s daughter takes her first steps, Facebook’s founder says he will be ready with a 360-degree, virtual reality-capable camera.

Baby steps and virtual reality – it’s the best way to describe the market today. Despite the hype – nearly two million news articles and counting – we’re in the early days. The writer and investor Yuri Papadin put it well in a recent blog post: “We are in the Introduction stage of the technology life cycle, where the primary customers are innovators.”