Mark Zuckerberg: Virtual Reality is the Obvious Next Step for Facebook



Short Bytes : Mark Zuckerberg announces Virtual Reality to be the next step after video for Facebook in its Q2 earnings call. Immersive 3-D content will be the future for human communication overtaking videos and gaming.

There us no stopping to Facebook CEO and Co-Founder Mark Zuckerberg. After the recent announcement of surfacing targeted videos on the Home Page, Zuckerberg gave another one of his ambitious proposals to the investors at the company’s second-quarter earnings call on Wednesday.

Human communication in the IT era began as text messages, then it moved to photographs, currently we are streaming through videos and as Mr Zuckerberg plans then immersive 3D content is the obvious next thing after video. He has ambitious plans for the future that involve the virtual reality taking over almost all the spheres of social media, gaming, and change the human interaction like never before.

Facebook has acquired VR startup Oculus in March last year and since then have been aggressively promoting the Virtual Reality future for everyone. The Oculus Rift headsets will be available for consumers in 2016.

Zuckerberg said “There’s always a richer way that people want to share and consume thoughts and feelings”

Facebook meanwhile, continues to grow its user base worldwide with 968 million desktop users accessing the website on an average per day in June this year compared to 829 million users per day in June last year. The social media giant earned a whopping US$4.04 billion in revenue in the Q2 this year while the previous year record of Q2 revenue was US$2.91 billion.

Facebook has lately been spending a lot on its research and development wing focusing on building drones and lasers that apparently would beam down cheap Internet to about 5 billion people on the globe.

Google isn’t far behind when it comes to innovations. Just a few days back Google and the Sri Lankan govt signed a MoU for the Project Google Loon that will provide cheap 3G Internet service covering the entire island nation with 13 of Google’s balloons beaming the network from the stratosphere over the country.

Facebook is big on innovations and creativity included with shrewd business strategies. Well, the stats talk for themselves.

Source: Facebook

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Aashish Sharma

Aashish Sharma

Racing towards the dream - however, he's just a ping away - find him at Facebook or send him an email.
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