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VR has not failed, it just can't live up to the hype that it had 2 years ago. It was indeed a fad since you don't see people marketing it as much, but that doesn't mean the technology isn't the future, it is and it's amazing. It's still in its early stages but this isn't like the 90s VR fad that came and went, this time we actually have the technology and it's progressing at a steady pace.
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