(2-minute read) VR is quickly emerging as a key technology in the New American Economy, and its potential is becoming hard to ignore.

May 11, 2021 3 Uses for Virtual Reality You Might Not Expect By Steve Fernandez, Research Analyst, Strategic Fortunes Dear Smart Investor, Computing power is expanding far beyond our smartphones and computers. Wearable technologies are enabling humans to interact with computers and each other in new ways. The most notable wearable technologies are smartwatches, which saw 85 million shipments globally in 2020. But smartwatches are old news. The future of wearable technology lies in virtual reality (VR) glasses. Virtual reality is a computer-generated environment that simulates an experience as if it is real life. VR technology has historically been related to video gaming. But the video game use case is just the tip of the iceberg From Our Friends at Laissez Faire. Warning: Financial Extinction Event Imminent On July 14, 2021, a seismic event is expected to send our financial system into a devastating tailspin. At this point, there's nothing the Federal Reserve, the government or even the president can do to stop it… If you're not prepared for what's coming, you should do so now. Click here to see how some extremely powerful strategies could mean protecting yourself from the carnage that's coming… Virtual Reality Isn't Just for Video Games Facebook CEO Mark Zuckerberg recently made a bold statement: The company’s VR glasses would allow users to “teleport” to areas around the world. As crazy as this sounds, there may be some value here. People have been flocking out of cities at an alarming rate, and remote work is becoming a staple of the New American Economy. Integrating VR into remote work meetings could make the experience more human while furthering society’s shift to working from anywhere. Granted, the workplace idea may be a little early. But the use of VR in other areas is already coming to fruition. For example, VR has become a critical part of training for military, law enforcement and medical professionals. Integrating VR into training can build muscle memory and confidence while exposing users to real-life, high-pressure scenarios. Because VR is computer generated, many scenarios can be created to diversify user training. So, VR is bridging the gap between the classroom and reality in a big way. Marketing is another industry that is embracing VR. Businesses are looking beyond traditional pop-up and autoplay advertising to methods that will better engage the consumer. VR enables businesses to transform an advertisement into an immersive experience, which may make an ad more memorable for consumers. A Key Technology of the New American Economy The potential of VR is massive, and the market is growing fast. The International Data Corporation (IDC) forecasts that global spending on VR and its cousin, augmented reality (AR), is expected to grow over 500%, from $12 billion in 2020 to $73 billion in 2024.    (Source: International Data Corporation) VR is quickly emerging as a key technology of the New American Economy, and its potential is becoming hard to ignore. But the adoption of VR is in its early stages, meaning there is still time for investors to get in on the ground floor. Regards, Steve Fernandez Research Analyst, Strategic Fortunes Why You Shouldn't Buy Dogecoin Can You Spot the Revolution in This Photo? Bitcoin Banking for the Masses Is Here WATCH: Trillion-Dollar Secret Tech Revolution     Privacy Policy Smart Profits Daily, P.O. Box 8378, Delray Beach, FL 33482. To unsubscribe from Smart Profits Daily emails, click here. To ensure that you receive future issues of Smart Profits Daily, please add info@mb.banyanhill.com to your address book or whitelist within your spam settings. For customer service questions or issues, please contact us for assistance. The mailbox associated with this email address is not monitored, so please do not reply. Your feedback is very important to us so if you would like to contact us with a question or comment, please click here: http://banyanhill.com/contact-us Legal Notice: This work is based on what we've learned as financial journalists. It may contain errors and you should not base investment decisions solely on what you read here. It's your money and your responsibility. Nothing herein should be considered personalized investment advice. Although our employees may answer general customer service questions, they are not licensed to address your particular investment situation. Our track record is based on hypothetical results and may not reflect the same results as actual trades. Likewise, past performance is no guarantee of future returns. Certain investments carry large potential rewards but also large potential risk. Don't trade in these markets with money you can't afford to lose. Banyan Hill Publishing expressly forbids its writers from having a financial interest in their own securities or commodities recommendations to readers. Such recommendations may be traded, however, by other editors, Banyan Hill Publishing, its affiliated entities, employees, and agents, but only after waiting 24 hours after an internet broadcast or 72 hours after a publication only circulated through the mail. (c) 2021 Banyan Hill Publishing. All Rights Reserved. Protected by copyright laws of the United States and treaties. This Newsletter may only be used pursuant to the subscription agreement. Any reproduction, copying, or redistribution, (electronic or otherwise) in whole or in part, is strictly prohibited without the express written permission of Banyan Hill Publishing. P.O. Box 8378, Delray Beach, FL 33482. (TEL: 866-584-4096)