15 Ways Virtual Reality Will Shape The World

by | Jul 13, 2020

In this article, you’ll find 15 industries that Virtual Reality will shape the world.

I trust you’ll find this article will open your mind to new possibilities and eventualities for our new normal. 

 

Also before we start, I have included a Recommended FREE VR social app which you can start whether you have the headset or a standard computer… 

Maybe, we’ll bump into each other and we can talk shop. 

What is Virtual Reality?

Virtual Reality or VR is a computer-generated environment where you’re immersed in a virtual world.  

VR is an experience that blends out our reality and takes us into a computer-generated world either through specially made headsets, goggles, glasses or even contact lenses. 

VR is about to disrupt the ways we live, work, invest and collaborate with each other. 

Here are 15 industries Virtual Reality is about to shape our world 

#1:
Medical

Doctors, students and patients are all going to be able to benefit from the uses of VR when it comes to medical and healthcare including:

SURGERY & PROCEDURES –
Doctors will navigate inside the human body to operate. E.g. Searching for polyps, tumours, removing and replacing organs, opening valves etc…

THERAPY & REHABILITATION –
To provide a safe 3D world for medical therapies i.e. PTSD, suicide, smoking, drinking, anxiety, pain & stress management, depression, fears and neuro recovery. 

PHYSICAL REHABILITATION –
This will bring a new line of therapy where a patient will be able to visualise and retrain hand-to-eye coordination to rebuild brain functions and regain control of limbs that have been paralysed. 

TRAINING –
For lecturers and doctors to train their students and other doctors via interactive workshops, seminars and procedures.

CONSULTATION –
To allow doctors to consult with their patients globally when either the doctors are not physically available, or when the patients contracts any contagious virus or disease or are unable to move. 

#2:
Tourism

Instead of viewing 2D photos of your next holiday destination, hotel or attraction – you’ll be able to experience it before making a booking. 

There are a number of ways Virtual Reality will help tourism including:

360 DEGREE VIDEOS
You’ll be able to explore hotels, countries and attractions without moving from your couch. 

VIRTUAL TOURS –
You may have an agent or a robo-advisor to take you on a tour of any tourist location you’d like to go. 

PLANNING –
You might even be able to customise your agenda and organise your travel schedules in VR. 

MEETUPS & ESCAPISM –
If the tourist destination is too expensive or you don’t have time to travel, VR might give you the opportunity to travel where you want with your friends and family without leaving your house

#3:
Space

Researchers at NASA are working on top VR tech to help them control robots as far away as Mars. 

There are a number of ways Virtual Reality
will help regarding space including:

TRAVEL –
Astrophysicists, astronomers, students and every day people will be able to explore and make findings in space, black holes and galaxies.

FIX & CONTROL –
Humans will be able to control robots, fix equipment and move around in space.

DESTRESS & ESCAPE –
Soon VR will help astronauts escape and destress from the harsh space environment. They’ll meet up with their loved ones on earth and travel to parts of the world to enjoy or meditate. 

TRAINING –
VR also allows the opportunities for students to learn, train and experience a 3D virtual simulation of being in a rocket, on a planet, moon, asteroid or floating in space.

#4:
Manufacturing & Design

Whether you’re an engineer, designer or student, VR will help in many ways including:

PROTOTYPES –
You’ll be able to create, view and display virtual prototypes and high-tech machinery e.g. Automobiles, buildings, and simulations.

CHEAPER –
There’ll be less costs for building and creating prototypes in the virtual world than before… 

TRAINING –
To be able to give instructions, tutorials and train workers, employees and students through 3D virtual simulations. 

#5:
Journalism & Media

NEWS and media will be taken to the next level with Virtual Reality as it will help with:

360-DEGREE VIDEOS –
View all sides of the story seeing where the events took place as if you were there. 

INTERVIEWS –
Having more accessible and safer ways to interview victims, attackers, terrorists and assailants. 

#6:
Recruitment

I’m sure VR will also help with the HR department and recruitment agencies including:

CONDUCTING INTERVIEWS –
Rather than just hearing their voices over the phone, candidates will be interviewed live in a simulated environment from any part of the world.

AI TESTS –
This will also allow AI robots to perform a number of first level tests which are required to qualify for a job. 

#7:
Sex

Any new technological advancement will find a way for pornographic purposes including:

360-DEGREE PORN VIEWING –
You’ll be able to enjoy any live or pre-recorded porn show as if you’re there 

REAL-TIME SEXUAL EXPERIENCES –
The porn industry will most likely head right to private sessions. This is where you’ll be able to choose your setting, mood and enjoy a full on sex session with either a real person or an AI robot. 

STRIP CLUBS –
Another possibility in the future is being able to attend a real-time strip club with real people attending. 

SEX SHOPS –
The industry might even lead to retail where you’ll be able to view any sex toy, movie or product and have it delivered to you. 

#8:
Prison

There is even a place for VR in jails including:

THERAPY –
Helping inmates deal with their psychological issues. 

RELEASE-PROGRAMMES –
This will provide programmes to help prepare inmates for when they’re released into the real world. 

COMMUNICATION –
This will allow inmates to connect with their loved ones and with the outside world. 

#9:
Drugs & Alcohol

If you’re a drug addict or an alcoholic, VR just might be the solution as it can help with:

 

HALLUCINOGENIC TRIP
Artists and researchers will create effects in VR to get you into a psychedelic state – the kind that drugs does. This could ease them off the drugs in the future.

ONLINE SUPPORT GROUPS –
To be able to join professional VR meetups to help with the patient’s problems and addictions. 

REHABILITATION CENTRES –
Eventually, there’ll be entire rehabilitation centres in a 3D simulated world to help those who suffer from drug and alcohol addictions. 

#10:
Education

Boring education may just be a thing in the past. With VR it is an exciting development which can help in a couple of ways including:

ONLINE LECTURES –
To have lectures in simulated environments may help improve with memory retention e.g. Virtual tours inside a body, cell, electronic chip and so on… 

OVERSEAS COURSES –
Imagine having a Monday lecture in Harvard and then a Wednesday lecture in Cambridge… Yes, VR may open online courses throughout the world with different universities. 

EXCURSIONS –
To be able to visit, learn from and enjoy different museums, galleries, attractions and laboratories all around the world. 

360-DEGREE TOURS –
Going on tours in different countries to learn about culture, language, art, traditions and history. The opportunities are endless with education. 

MEETUPS –
This is also where teachers and lecturers can meet up to discuss what’s new, different trends and updates with the syllabus. 

#11:
Retail & Banking

So far we have mobile banking and ecommerce. Some day we’ll be introduced to a new level of banking and shopping with VR which can help with:

LIVE CONSULTATIONS –
Instead of going to the bank and waiting in queues, you’ll be able to do your banking through VR. E.g. Making deposits, paying beneficiaries and activities.

ROBO-ADVISORS –
Another VR element that will reduce costs is having a robo-advisor to help you. They’ll be able to answer your questions with a visual tutorial and tour if you need. 

FINANCIAL ADVISORS –
Meet up with your personal financial advisor to help create a portfolio, reduce costs and taxes and allocate your assets according to your risk assessment. 

E-COMMERCE IN 3D –
This will give us the ability to enter a store in VR, view goods and services with exact dimensions as if you were there and read up on all the information before making a purchase. 

ECOMMERCE DESIGNS IN VR –
Maybe you’ll even be able to design and customise your own room, furniture, clothing and then have the factory make it and have it delivered to you. 

#12:
Entertainment

Whether you’re an adult or a kid, entertainment is very important in anyone’s lives. VR will bring on a whole new level of fun including:

LIVE CONCERTS OR EVENTS –
Tickets sold out? No problem, you can attend and enjoy any concert, gig and live show of your choice.

CINEMA –
A new movie has just come out and is not available anywhere… Instead of paying high prices to go to an actual cinema and eat popcorn – You can enjoy the latest movie at home in VR and eat whatever you want. 

SPEED DATING –
The future of meeting your partners for life, might just be at a VR speed dating event. Imagine being able to choose your preferences first and then meeting a whole bunch of potential mates?

LIVE DISCUSSIONS –
This is already available in places like AltSpaceVR. You can join live discussions and interact on any topic you choose to attend. 

SOCIAL MEDIA –
The next Facebook or TikTok might just be available via VR with a 360-degree view videos, images and posts. It will be as if you were actually there. 

GAMING & E-SPORTS –
Whether you’re a spectator or a gamer you’ll take your enjoyment and skills to a whole new level with different people in a 3D virtual 360 degree view. 

DREAM LOCATION –
Imagine getting married, celebrating a birthday or just meeting up with friends and family in any place including Mars. With VR, it will be possible to be anywhere and with anyone… 

#13:
Fitness

More and more people are adapting to better lifestyles and fitness programmes. VR might just bring on a new level of time being immersed in the fitness world including: 

PERSONAL TRAINING –
Imagine having a personal trainer from another country, train you while you’re at your house. Gyms might be a thing of the past one day. 

GROUP SESSIONS –
Many people find training as a social activity. Well with VR you’ll be able to attend group fitness, dance and training sessions with other users. 

NUTRITION & FITNESS PROGRAMMES –
Whether you’re training to be a coach, specialist or just a fanatic – you’ll be able to enjoy live courses, training and simulations on nutrition and fitness. 

CARDIO ANYWHERE –
Imagine being able to run, cycle or even swim in any destination while you’re in a controlled VR simulated environment… The time you’ll spend on a daily basis could double or even triple based on the curiosity factor on where it will take you. 

#14:
Real Estate & Property

Choosing your next property might be easier with VR, as it will help with:

360-DEGREE VIRTUAL TOURS –
You’ll be able to view the entire property to help make your decision easier. 

DESIGN YOUR PROPERTY –
Imagine being able to create, design and visualise your dream house to its entirety before having it built. This could help not only you but it will also help designers and builders with a VR real-world simulation. 

CONSULTATIONS –
Real-estate agents will be able to meet you and ask you questions and give you and others a tour of the property. This will help, if you’re in another location or can’t make it to the viewing. 

#15:
Trading & Investing

I’ve saved the best for last. And as I mentioned, I’ll go into an illustrated version in the next article on how VR will help with the trading and investing world. 

In the meantime, here are the main points including:

ONLINE SEMINARS & WORKSHOPS –
Trading is a universal activity. With VR we’ll be able to attend and host online trading seminars and workshops with 360 degree videos and slide shows. 

FINANCIAL ADVISOR CONSULTATIONS –
You’ll be able to meet with advisors to help choose your portfolio models, strategies and asset allocation.
 
ATTEND AGMs –
You’ll be able to attend shareholder, crypto and other investing related meetings anywhere in the world. 

CUSTOMISE YOUR SCREENS –
In the VR world you’ll be able to place as many screens as you want without buying a physical screen e.g. one for Bloomberg, one for a trading platform, one for your charting platform, one for your depth, one for your portfolio and one for your trading data.
 
HELLO Z-AXIS –
In VR we’ll be able to analyse data on a new level apart from the normal 2D world. We’ll be able to bring data and charts alive and immerse in the chart patterns and indicators with a new vision and depth. 

SECURE TRADING –
Eventually there’ll be a more secure customer biometric and voice recognition system with VR where we’ll be able to execute trades, withdraw and deposit money all in one virtual world. 

FINAL THOUGHTS!

Right now, billions of people are stuck at home and looking at where the future is going. 

COVID-19 has been a real-life changer, but also has boosted the technology for VR. 

In fact, I’ve been immersed with my favourite VR social application where I’ve visited family members, gone to and participated at live events and customised my own places…

If you’d like to join me and become a part of this new world and normal, I highly recommend you download this FREE application software via your VR device or with your standard computer…

It’s called AltSpaceVR – IT’S AWESOME

All details are in my new MATI Trader VR Social App Letter… 

Click here to download the one-page PDF to get you started…

http://timonandmati.com/wp-content/uploads/2020/07/MATITraderRecommendedAltspaceVRLetter-.pdf

Trade well and look after yourself,

 

 

Timon Rossolimos

Founder, MATI Trader

Can you think of any other ways –

Virtual Reality will shape our world?

 

Let me know by sending me a quick email at Info@TimonAndMATI.com and you’ll stand a chance to be featured in my new book “The Future Of Trading”.