That's not what's happening here. It's just streaming data.
I think Apple can feel fairly safe that the experience will always be so hacky and low quality that it's not going to be a threat to Vision Pro. In the meantime it helps developers get a head start developing for Vision Pro which is only good for Apple.
Of course, that is still miles away from where this is now. But it seems tantalising that it could possibly go there.
Longer term, we will see...
Only Apple can charge a high premium and still have others pay
Some immediately jump to Harvard MBA teachings that caused this, or capitalism, whatever. In my opinion a deep focus on quality is rare in any business. It is very hard to scale and keep in your DNA. One reason small businesses continue to be formed and attract customers (beyond “buy local” pandering) is that solid small businesses are run by dictators that create an entity that is an extension of themselves, sacrificing nothing. Therefore they can charge a premium.
I patronize businesses that maintain their quality and I pay for it. Life is too short and I have too much spare cash not to. Apple achieves such standards. You may have to upgrade hardware every few years but that’s part of the price.
I find this questionable given the reviews people have given Vision Pro. I have used quest pro, and it is pretty good as a high end gaming style headset but nowhere near the experience people describe from Vision Pro.
I think this is awesome, as the Quest Pro is almost on par with the features of the Vision Pro, e.g. hand & eye tracking + color passthrough. This allows people to verify their experiences/concepts for the Vision Pro before they actually get their hands on one.
I don't think that Meta, nor Apple will have a problem with this tbh. Maybe because of the assets/icons used in the HUD, but then those can easily be replaced.