I don’t mean that VR failed entirely, just that the metaverse as a concept is basically dead. VR will live on in the niches where it makes sense.

If you’re talking about the Meta Ray Ban glasses, I wouldn’t really call that a successor. There’s no AR or VR to them that I can tell; just glasses with speakers, a mic and a camera. It’s a neat product, but not a platform in the way VR was meant to be. They also have real competition. I do actually own a pair of the Bose headphone sunglasses, which are practically the same product without a camera (which I’m sure they could add if they wanted). Unless people suddenly care about the Meta AI integration, and again; Bose or someone else could add a phone companion app.