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In an analyst note published on Wednesday, Goldman Sachs predicted that the virtual reality (VR) market will outpace the TV market in annual revenue by 2025, making VR bigger than TV.

The banking firm writes that the VR market will generate $110 billion dollars compared to TVs $99 billion in 10 years.

This will happen if VR adoption follows their “Accelerated Uptake” projection, in which virtual reality becomes more commonplace through advances in battery and cellular technologies. By eventually ditching the current wires and accompanying computers needed to power high-end VR headsets, the devices would become truly mobile; think a headset that’s more akin to a pair of sunglasses than the bulky goggles of the first generation Oculus Rift and HTC Vive.

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Just a day after a technology-heavy State of the Union comes news that the White House isn’t done pushing us into the future. Reuters believes that Transportation Secretary Anthony Foxx will head to Detroit tomorrow to talk about the administration’s efforts to accelerate the development of self-driving cars. It’s said that Google, which has been spearheading the project to build an autonomous vehicle, will also be in attendance at the event. The newswire mentions Mark Rosekind, head of the nation’s traffic safety bureau, who has asked for a “nimble, flexible” approach to writing new traffic regulations. Details are still thin on the ground, but it looks as if Obama’s “spirit of innovation” is alive and well.

[Image Credit: Kiyoshi Ota/Bloomberg/Getty]

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If true, this might mean there’s a “low hanging fruit” solution to ocean gyre garbage — a targeted effort to improve garbage collection in a small number of cities in developing nations, might dramatically reduce it. Hint, hint, Bill & Melinda Gates Foundation! Side benefit would be greatly improving the lives of people in those cities, with some obvious health benefits along the way.


Economic growth in these countries is outpacing infrastructure, and their trash is collecting in the sea.

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