Isn&#39;t it lovely that Mr. Collins  isn&#39;t in the garden today?

Virtual reality is a rich, visual,  multi-sensory,

For some time now, it&#39;s been possible

to construct super realistic 3D models  for us to fly around in,

don head-mounted displays, and haptic gloves,

even walk around rooms, life-sized rooms, in projection spaces.

they&#39;ve shown us how  virtual reality may play out.

Academics like Janet Murray, who  wrote the book &quot;Hamlet on the Holodeck&quot;,

to help us design virtual reality experiences.

who first invented the head-mounted display in 1968 in MIT,

and Jaron Lanier,  who founded VPL research

and indeed popularized  the term &quot;virtual reality&quot;,

have created the building blocks for the virtual reality industry.

the technology for many years  just wasn&#39;t there yet.

It was &quot;unwieldy,&quot; to say the least,

and it was expensive  for mass consumption.

invented a head-mounted display  that solves the problem of lag.

and raises over $2 million, way above  the $250,000 that was his goal.

was then, two years later,  bought by Facebook for ...

Same time this year, you&#39;re going  to be able to buy an Occulus Rift headset

for a price point that&#39;s a little less  than the iPhone 6.

So many people in  the interactive story-telling community

have been waiting for this for a very long time,

When Norman Jewison invited me  to create the new media laboratory

at the Canadian Film Center  some twenty years ago,

a skunk works for the creation  of visual forms of storytelling,

I was already dreaming about starring in my own &quot;Pride and Prejudice.&quot;

Thank you, TEDx, for letting me make one.

that we&#39;ve started to explore  forms in the virtual space,

like Google Glass applications or augmented reality applications,

And most recently,  we&#39;ve actually developed

where we took our award-winning  interactive storytelling project

called &quot;Body Mind Change,&quot;  starring David Cronenberg,

and stuck it  in this virtual reality space.

It&#39;s decidedly creepy, and  it makes you feel like

So, I know that we&#39;re poised  along this trajectory

of creating virtual reality applications, tools, and experiences.

But, as I was planning  our future strategies

and how we would help develop the virtual reality industry,

I had this feeling that it was like 1994  when Netscape,

the first commercial web browser, .was launched.

And this feeling made me  pause and take stock.

the lessons of the internet experience of the past twenty years,

because I think these lessons  will help guide us in the creation

of the commercial virtual reality  industry in the next twenty years.

and it&#39;s a bit of a thought experiment,

look at the stage,  look at what&#39;s in front of you.

Now imagine you&#39;re  in a transparent bubble.

Everything looks the same as  when I asked you to observe this space.

Now imagine that instead  of being able to see

is being projected onto  the surface of the bubble.

It&#39;s virtual reality. And this image that you&#39;re seeing displayed on the surface

And we rely on the person  who&#39;s doing that displaying

Now it&#39;s clear that in this situation,

we have absolutely no idea if what we&#39;re seeing,

this virtual reality that we&#39;re experiencing,

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