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Speaker 1: You're listening to the Saturday Morning with Jack team podcast

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Speaker 1: from Newstalk SEDB.

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Speaker 2: Twenty three to eleven on news Talk said be maybe

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Speaker 2: virtual reality isn't quite as appetizing as the tech companies

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Speaker 2: want it to be. Meta has announced this week it's

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Speaker 2: going to be calling it quits on making a really

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Speaker 2: fancy virtual reality or mixed reality headset. This would be

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Speaker 2: Meta or Facebook's answer to the Apple Vision pro, which

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Speaker 2: is the product that Apple sells. A text at Paul

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Speaker 2: Steinhouse is here with the details.

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Speaker 3: Gilder Paul, Good morning, Jack.

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Speaker 4: Yeah, I watched the Democratic National Convention too, and the

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Speaker 4: thing that I took away from it was how much

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Speaker 4: fun people were having together in celebrating.

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Speaker 3: And then I see this headline.

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Speaker 4: It's like, yeah, well that makes sense, doesn't it, because

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Speaker 4: you know we had that time in COVID we were

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Speaker 4: by ourselves and it wasn't fun.

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Speaker 2: It's a very good I'd never thought about that. That's

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Speaker 2: a very astute piece of analysis. So you reckon that

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Speaker 2: actually instead of having virtual reality, No I shouldn't sound

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Speaker 2: so surprised, but instead of having instead of having a

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Speaker 2: virtual world, actually maybe people want to hang out in

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Speaker 2: the flesh. You know, like we always have, you know, like.

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Speaker 4: Experience things together and have you know, tens of thousands

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Speaker 4: of balloons fall on you and turn an arena into

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Speaker 4: what looked like a ballpit.

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Speaker 2: Yeah, no, I mean like it is.

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Speaker 3: People like getting together.

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Speaker 4: And Look, this technology is also really hard because it

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Speaker 4: not only needs to feel great for the user and

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Speaker 4: feel because some of the problems at the moment is

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Speaker 4: it feels.

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Speaker 3: Quite heavy, it can feel quite hot.

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Speaker 4: Yeah, it's and it uses quite expensive technology, and so

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Speaker 4: you also need the content to go with it. It's

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Speaker 4: like a chicken and egg scenario, right, Like people don't

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Speaker 4: want to do virtual reality until there's something fun to

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Speaker 4: do in virtual reality, but they don't want to make.

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Speaker 3: It until people have head set.

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Speaker 4: So Meta was trying, and they've been trying since November

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Speaker 4: to do this headset that was going to try to

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Speaker 4: compete with Apples three and a half thousand US dollar

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Speaker 4: Vision Pro.

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Speaker 3: Yeah, they were going to try to keep it undred

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Speaker 3: one thousand dollars.

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Speaker 4: Apparently it was becoming harder and harder, so they've just

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Speaker 4: called it quits. Right, But there's another interesting piece there

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Speaker 4: that Apple's Vision Pro has also really struggled to get

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Speaker 4: interest from.

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Speaker 3: Buyers and also developers.

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Speaker 4: And some of the estimates actually suggest that Apple probably

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Speaker 4: won't sell more than half.

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Speaker 3: A million of them this year, which I know.

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Speaker 4: If you take the word Apple away, you'd be like

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Speaker 4: half a million dollars is actually pretty decent. But this

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Speaker 4: is Apple, right, This is something Tim Cook was kind

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Speaker 4: of like, this is the next frontier of computing and

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Speaker 4: really has kind of put his name to it, and

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Speaker 4: so the fact that it hasn't been very successful in

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Speaker 4: Apple's eyes is also maybe probably signaling some alarm back.

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Speaker 2: Okay, so can I just ask a really simple question here,

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Speaker 2: just you know, I'm sure I'm not the only one.

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Speaker 2: What do people actually do with these Apple Vision pro headsets?

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Speaker 2: Can you do game with them?

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Speaker 4: Yeah, there's a lot of gaming, right, so you can

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Speaker 4: really put yourself into that world if you're seen on

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Speaker 4: TikTok and reels and things. There's some funny videos of

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Speaker 4: people trying to run and virtual reality.

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Speaker 3: And end up running into walls and things like that.

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Speaker 4: But they're also trying to really promote it meta, especially

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Speaker 4: in the workplace, so to really take the idea of

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Speaker 4: instead of just video conferencing to kind of like avatar conference.

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Speaker 4: If you will and be able to instead of having

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Speaker 4: a twenty seven inch screen at your desk, you can

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Speaker 4: put your headset on and have a one hundred inch

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Speaker 4: screen and make your spreadsheets really big.

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Speaker 3: But I think people want to be together.

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Speaker 2: Yeah, I think so too. Yeah, it's interesting, Like you say,

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Speaker 2: this might be a bit of a sign of the times. Hey,

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Speaker 2: it's funny. In the AI race, as various companies compete

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Speaker 2: to have the right component tree that can make really

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Speaker 2: supercharged AI systems, there have been some potentially unlikely winners.

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Speaker 2: And Video is probably top of the list, right, and

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Speaker 2: that's the company that was predominantly a gaming company but

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Speaker 2: was making these chips that can be used for AI

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Speaker 2: and is now worth gazillions of dollars. But there is

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Speaker 2: another surprising winner.

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Speaker 3: Midst of this year.

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Speaker 4: Electric Can you believe the people who usually make heat

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Speaker 4: pumps and air conditioning, they also make the optical components

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Speaker 4: used in the data centers to enable the really high

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Speaker 4: speed connections between the servers.

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Speaker 3: That's required for AI.

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Speaker 4: And they these optical components jack are in mega demand,

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Speaker 4: so they are about to ramp up their production capacity

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Speaker 4: to basically fifty percent more than what it was last

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Speaker 4: year and they think that even when they do that,

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Speaker 4: it still won't be enough and they're probably going to

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Speaker 4: have to double that new figure.

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Speaker 3: Wow, I'm not great at.

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Speaker 4: Math, but that's kind of like three hundred percent or so, right,

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Speaker 4: Like that's a yig number and they still don't even

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Speaker 4: know if that's going to be able to do it.

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Speaker 4: Because they're such a unique provider in this space and

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Speaker 4: if you want to do a data center, you kind

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Speaker 4: of need them.

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Speaker 3: And look, the.

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Speaker 4: Heat pump and air conditioning business is probably not doing

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Speaker 4: too bad either, because think of all the different things

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Speaker 4: that need to go into a data center, security, heat,

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Speaker 4: and cooling, you know, the people staffing it, of course,

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Speaker 4: but there must be so many players in there who

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Speaker 4: are just seeing their businesses take off thanks to this

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Speaker 4: AI tech.

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Speaker 2: Yeah, that's amazing. Hey, thanks Paul let Us Paul stine Us.

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Speaker 2: He is our texpert on Saturday Mornings.

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Speaker 1: For more from Saturday Morning with Jack Tame, listen live

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Speaker 1: to News Talks ed B from nine am Saturday, or

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