Slightly OT: Peak and decline of VR related search queries on Google Trends:
https://trends.google.com/trends/explore?q=vr,psvr,oculus,ht...
https://trends.google.com/trends/explore?q=vr,psvr,oculus,ht...
I don't think this indicates any lack of interest in the technology.
VR won't hit critical mass until movie-style "holograms" are implemented (check out the video game in Her for an interesting example [0]), just as tablets didn't catch on until they looked and functioned just like the thin slates that had been dreamed of in sci-fi.
[0; NSFW] https://www.youtube.com/watch?v=r7MgbMI5zhw Example pulled from YouTube. Very NSFW language.
And any AR headset that can pass the bar of "functional but also not looking weird"