While it's true that VR has died a hundred deaths, I can't imagine certain parts of AI ever going away. Just because it hasn't gotten as far as we dream for it, doesn't mean it isn't already useful. It's most definitely already useful. We just have to remember it hasn't caught up to the dreams yet.

VR on the other hand, has never found its niche. It's surely out there somewhere, and so it'll die a few more deaths yet. But it is very far behind AI in terms of usefulness and/or entertainment value.

Also don't forget about 3D. While 3D movies had their moment, and still has a following, it isn't lost on anyone how bad the movies actually are when seen in 2D. There are exceptions, like the Lord of the Rings trilogy. But some 3D movies are painful to watch in 2D because those extreme-close on extreme-far tunnel shots look terrible in 2D, and just distract. Example of that? Avatar, which looks more like a bad video game in 2D.