CCP: Virtual reality won’t take off until next year

It will take longer than some people think for VR to hit the big time, the CEO of CCP has said.

While excited by the technology, Venture Beat reports that Hilmar Veigar Pétursson told the SlushPlay conference in Reykjavik that disruptive technologies always take longer to bed in than most people anticipate.

“People tend to overestimate what we will accomplish in five years. But they tend to underestimate where we’ll be in 10 years,” he said. “3D [graphics] cards took six years to catch on, and phones took 10 years. I used to go to GDC and they would say that mobile phones are the future, and it was nothing. Ringtones were a bigger business than games back then.

“And we sit here and say VR is going to be big next year. And it’s not going to be big.”

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