The new phones and that software to support them were designed as a platform for augmented reality (AR) and therefore reflect a far bigger vision than the usual annual iPhone update.
In 2016, Pokemon Go had a relatively crude Augmented Reality but it captured 20 million users in the US within days of its launch, provided some indication of the appetite among consumers for the technology, which enables the overlay of virtual images and sounds on the real world location of the user.
Estimates of the potential revenue AR could generate over the next decade push close to $US200 billion, with GE’s Jeff Immelt estimating that it could be worth $US50bn a year to industrial companies alone through improved productivity. The potential of AR for the health and education systems could be at least as significant.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.