first_imgIn my last blog post, Exponential Technology to Reshape Financial Industry, I took a closer look at artificial intelligence and quantum computing, a couple of the exponential technologies I discussed during my 2015 TMG Executive Summit opening remarks.Like artificial intelligence and quantum computing, virtual and augmented reality have great potential to drive innovation within the financial sector. With virtual reality, specifically, we are seeing the technology move from the gaming universe into other industries. Designed to give people deep, visceral, real-life experiences, virtual reality will soon be used to trigger certain behaviors.It’s a fascinating concept, and one my family and I got to experience at the Iowa State Fair just a few weeks ago. My alma mater, Iowa State University, had an Oculus Rift headset at the fair and allowed visitors to try it on. What an experience for both the wearer and the watcher! When you saw from the outside what people were experiencing inside the headset, you got a very clear picture of the immersive qualities of virtual reality. Many people had to be physically held in place as they experienced the thrill of riding a roller coaster in virtual reality – while in true reality, they were simply standing in a tradeshow display booth. continue reading » 20SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img