Meta's Uncontested AR Position

Shaan Puri believes Meta (Facebook) has a strong, uncontested position in the AR/VR space, particularly with their Ray-Ban smart glasses, which he considers to be an excellent product with practical everyday applications.

• Meta's Ray-Ban glasses are a standout product:

  • They function as "airpods for your face" with great audio quality
  • Include a hands-free camera that's perfect for capturing spontaneous moments
  • Particularly valuable for parents who want to capture fleeting moments with their children
  • High-quality video recording with simple tap activation

• Meta has a currently uncontested market position:

  • Competitors have fallen behind or failed entirely
  • "Snapchat seems to have fallen out"
  • Magic Leap "died or are dying"
  • "The humane pin died"
  • Apple might enter the game but hasn't yet

• Meta is making strategic acquisitions in the space:

  • Purchased Leap Motion (gesture control technology)
  • Investing heavily in the technology
  • Mark Zuckerberg "has a really good ratio of getting things right" and is betting on this technology

• The glasses represent the future of wearable tech:

  • "These are the future"
  • Solves real problems (hands-free recording, not missing moments)
  • Integrates technology naturally into how people already look at the world
  • Avoids the problem of "looking through your phone at life"