Remember when cellphones were brand new? When they were big and expensive and seemed like a cool thing that you'd like to have... one day?
That's what virtual reality is like right now.
While it may seem like a novelty in 2016, VR is growing fast. In fact, consumer spending on VR hardware and software could reach $21.8 billion by 2020, according to one report. "It's a major new emerging content type," says AOL CTO Bill Pence. "It has the potential to be the next big thing in content and engagement for our users, and will be an attractive environment for advertisers as well."
To showcase the innovative work that AOL and Verizon are doing to prepare for this virtual future, AOL will host a Virtual Reality Day in our New York City headquarters on Thursday, March 3rd. The invite-only portion of the day will feature internal and external speakers discussing content creation, content distribution and technology.
Virtual Reality Day will open to the public from 4:30PM - 7:00PM, as AOL will be hosting a VR startup Demo Fair. Enthusiastic entrepreneurs will show off their technology and allow visitors to try the products out for themselves.
Starting at 5PM EST, Bill Pence will moderate a BUILD_tech panel on the future of virtual reality. Bill will be joined by:
- James Pallot, Co-founder of Emblematic Group
- Juan Santillan, CEO of Vantage.tv
- Nicholas Longano of Brilliant VR
- Bryn Mooser , Co-founder of Ryot
- Endri Tolka, COO and Co-founder of YouVisit
- Tony Mugavero, CEO and Founder of LittlStar
- Dave Eisenberg, CEO of Floored
This panel will be live-streamed on aol.com/build beginning at 5PM EST on Thursday, March 3, 2016.
If you're in New York and would like to attend, register here. If you can't join us in person, you can still see pictures from the event by following @AOL_Inc on Twitter and Instagram, and looking for the hashtag #VirtuAOL.
And if you're interested in joining our team as we innovate for the future, visit our Engineering Careers page.