I suspect several billion more dollars will be lost down the latest iteration of this rathole before we all move on to the Next Cool Thing That Delivers No Lasting Utility.
In the meantime, Michael Abrash thinks the future of VR -- no, really, we've got it right this time, honest -- is "virtual humans."
Even I found Abrash's article mildly interesting reading -- though probably not for the same reason as a fan of VR.

(Note: It's hard to hear "tone of voice," so let me add that I'm not mocking anyone here who does believe there's something about this latest investment in and promotion of VR that will make it as ubiquitous a household device as the TV or microwave oven. It's your money. All I'm saying is that I see no hard evidence that the result must be different this time. But I could be wrong. So I'm not offended if you think VR has real value. I hope you likewise won't be offended that I have a different opinion about that.)