I'm coming to the unfortunate conclusion that no matter how advanced your tech, if you can't market it, you're toast.
I feel like this is something most tech business founders eventually grasp, but it's not something you can be told.
Those "revolutionary" companies we hear about are mostly mundane tech with overexcited marketing department. It's probably fine if you measure success of society by how much money those founders make, but I prefer to measure it by the actual advancements in technology.
AR companies that are working on bleeding edge tech have started later and gotten a lot further than Meta:
- Microsoft Hololens - released in 2017. Incredible inside out tracking and mapping of stationary objects, decent resolution, limited FOV.
- Google Tango - released in 2014. First mobile device with a depth sensor and AR games.
- Avegant - founded in 2012. Developing commercial light field technology.
Meta's lawsuit seems like a desperate attempt to stay relevant without having a moat.