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I could see this reinventing the living room.

Imagine in 5-10 years when this tech is perfected. It's a Saturday night. You, your spouse, and 3 kids each have one of these strapped to their face.

Why watch a movie on the couch facing a wall with a traditional flat TV format?

Certainly Disney or whoever will invent 3D interactive plays/games with stadium type immersive entertainment.

Living rooms will become circles like when people playing a board game.

I think what's much more likely:

Parent 1: watching a drama Parent 2: playing a video game Kid 3: zoned out watching a movie/cartoon/playing videogames

See this already with kids that mindlessly consume television while parents just drone out doomscrolling on facebook on their devices.

"It's a Saturday night. You, your spouse, and 3 kids each have one of these strapped to their face."

That sound's like a futuristic hellscape to me. I sure I'm not buying 1 never mind 5.