This post Tapping a Trillion-Dollar Trend appeared first on Daily Reckoning.
His rags-to-riches story had Forbes magazine dubbing him “the most interesting man in the world.”
Now James Altucher is back, unveiling new information about a potential trillion-dollar trend that could be bigger than the internet boom of the ’90s.
And today he’s sharing his insights exclusively with you.
Read on below for all the details.
Regards,
Amanda Stiltner
for The Daily Reckoning
The Next Trillion-Dollar Tech Business
By James Altucher
“Everyone’s going to want to use it for porn,” I said.
I was talking with my friend Steven Kotler, author of several of my favorite books, like Bold and Tomorrowland and one of the foremost thought leaders on the state of the future. We were talking about virtual reality.
I wasn’t right about the porn. Well, maybe I was. I’ll guess we’ll find out.
But the truth is virtual reality has the power to impact our culture like no innovation before. We will literally be living in a new world.
One thing Steven mentioned is that, for reasons too complicated to dive into, VR will be able to release the five most potent pleasure chemicals in our brain: norepinephrine, dopamine, serotonin, anandamide and endorphins. These chemicals make VR really fun and addictive. Like a video game on crack.
Sign me up.
Your World Revolutionized
This has big implications even outside of the porn industry. For instance, in education. That cocktail of happy hormones is really good at improving brain function and memory. This could be revolutionary for our education system in terms of customized learning and equal access for all kids.
Or jobs. Think about it. A virtual world opens up literally endless possibilities in terms of a brand-new marketplace. Why go to a store to buy a shirt when you can try on and purchase a customized fit without leaving your house?
Hell, you could climb Mount Everest if you wanted to or go to the polar ice caps to study global warming.
VR has the capacity to launch the largest migration in human history. As in we could basically be living entirely in a virtual world. Working, making friends, having meaningful experiences.
I have to admit this to you: I’m a little scared. I don’t know exactly what this world will look like. What will this mean for the nonvirtual world? Will any of us ever leave our couches again?
But the truth is it doesn’t matter if you’re scared. People are already buying VR headsets. The future is here, and it’s virtual reality. And we have to pay attention.
So here’s some good news.
Technology is constantly accelerating. Every year, it’s getting faster and faster, developing and expanding exponentially. And when it does this, it creates huge opportunity. VR is going to create an opportunity like we’ve only seen twice before.
First there was the internet. This was a trillion-dollar opportunity. It’s still ongoing, but the internet is the present — not the future.
The app store was the second trillion-dollar opportunity. The entire ecosystem of smartphones and tablets and the cloud and applications moved computing …read more
Source:: Daily Reckoning feed
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