What is Augmented Reality

Augmented reality is the blending of virtual reality and real life, as developers can create images within applications that blend in with contents in the real world. With AR, users are able to interact with virtual contents in the real world, and are able to distinguish between the two.

An example is Microsoft’s Hololens

What is Virtual Reality

Virtual reality is all about the creation of a virtual world that users can interact with. This virtual world should be designed in such a way that users would find it difficult to tell the difference from what is real and what is not. Furthermore, Virtual Reality (VR) is usually achieved by the wearing of a VR helmet or goggles similar to the Oculus Rift.

Difference and similarities

Both virtual reality and augmented reality are similar in the goal of immersing the user, though both systems to this in different ways. With AR, users continue to be in touch with the real world while interacting with virtual objects around them. With VR, the user is isolated from the real world while immersed in a world that is completely fabricated. As it stands, VR might work better for video games and social networking in a virtual environment, such as Second Life, or even PlayStation Home.

Source:
TechTimes.com – Augmented Reality vs. Virtual Reality: What are the differences and similarities?
http://www.techtimes.com/articles/5078/20140406/augmented-reality-vs-virtual-reality-what-are-the-differences-and-similarities.htm

Spoiler Alert:  Virtual Reality Could Be The Next Big Thing After Mobile

“When you put on the goggles, it’s different from anything I have ever experienced in my life!” Zuckerberg described his first time using the VR headset as revelatory

Facebook’s founder and CEO Mark Zuckerberg reportedly instigated the deal. “Strategically we want to start building the next major computing platform that will come after mobile.”

Zuckerberg sees the acquisition as part of Facebook’s mission to build the so-called knowledge economy. “There are not many things that are candidates to be the next major computing platform,” he said. “[This acquisition is a] long-term bet on the future of computing.”

Facebook moved quickly to acquire the Pacific Northwest Company: Oculus VR—creator of the forthcoming Oculus Rift virtual reality headset—for approximately $2 billion.

Facebook views the technology as more than a peripheral for video games. “Immersive virtual and augmented reality will become a part of people’s everyday life,” Zuckerberg said. “History suggests there will be more platforms to come, and whoever builds and defines these,” he said, will shape the future and reap the benefits.

Read the entire story in Technology Review: What Zuckerberg Sees In Oculus Rift

See My Videos of Us Playing With Oculus Rift in 2013: