Meta has spent at least $50bn on VR and AR so far, but we’re still in the VR winter: the devices aren’t good enough or cheap enough and the user base is flat. But no matter how good the devices get, how many people will care?

When we started Mosaic in 2014, we did not expect to be investing in planes, trains and automobiles

Human fallibility (accidents, alcohol and so forth) is the root cause of massive loss of life on the roads, despite continuous improvements in auto safety technology