Matt Wolfe asks how metaverse and XR tech can reach 8 billion people when many developing countries lack power and infrastructure. The respondent points to cell phones: luxury items in the 1990s, now everywhere. XR hardware like Vision Pro is expensive today but will get cheaper as manufacturing scales up.
What is the path to this being like a global technology? How do we get to a point where 8 billion people have this if in third world countries, they don't have access to the power, the technology? How does everybody get their hands on something like this?
Just like you say, 20 years ago, very few people had cell phones. I remember 1994, I had my first cell phone. I was in China. It was like $10,000 for this phone. And it was, you know, the status symbol. You go to dinner with your boss, friends, and you put it on the table and it's like, oh, my phone's nicer than yours. That was a big thing. Now everybody's got a phone, right? I mean, it took a couple decades, but the reality is that technology flows down. Once you get economy of scale, we're going to get there. Devices like this are $1,000. The Vision Pro is 3,000. It's kind of unreasonably expensive for what it delivers.
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