Jeri Ellsworth talking about founding a low cost augmented reality headset

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This is a case where they got screwed over by magic leap and the money dried up fast. Magic Leap is struggling now as the first product is very expensive still lacks a decent FOV, the issue it has with having to much filtering of the outside world. The filtering issue many complain about because it causes distortions an really bad god rays around the areas that have some lighting.

CastAR got drowned out because the Magic Leap people did a really great job hyping the produce early on with a very expensive and extremely large head unit but it did have a decent light field effect that caused many to make big investments into the technology. People poured over 1.5 billion dollars into the technology. It pretty much dried up investment for other promising technology such as CastAR. Where Magic Leap used a large head unit and tons of big optics people still saw it as showing potential. Magic Leap convinced them that they would be able to shrink the size of the headset to a far more usable size.

No doubt Magic Leap still has the best overall experience but costs around 2,500 dollars per headset meaning a very limited market right now and they are seeking another 1/2 billion dollars of investment to move to larger manufacturing and closer to a consumer friendly price. During this time people like CastAR where left without major investment and continues to develop their technology but one would wonder how far they could have come with billion or more investment. The key to this was a sub 300 or 400 dollar price point while offering better then 100 degree FOV and better then HD resolution in each eye.

They wanted to use the projection technology to project on a panel that would give people AR capability.
 
This is what people who invested in Magic Leap first saw and where impressed by the potential.
ff_magic_leap-eric_browy.jpg


http://palmerluckey.com/magic-leap-is-a-tragic-heap/
 
Who cares?

The high-cost VR headsets still don't have enough juice powering them to really pop. It's going to be another half decade or more before the market really tries to push this again.
 
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