The technology has grown and improved in leaps and bounds over the past decade, with the best VR headsets featuring super high-resolution displays, ever-more nuanced motion controls, and even the ability to use them wirelessly. Looking over a prototype created from a virtual design is the logical next step before the implementation process. VR inserts itself into the design process by providing engineers with a way to examine a model in a life-like scenario before having to spend any money on producing the object in the real world. Similar to how virtual reality can let you take real-life risks without its repercussions, it can also be used to “buy” things without wasting money on them.
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and behavioral finance. Adam received his master’s in economics from The New School for Social Research and his Ph.D. from the University of Wisconsin-Madison in sociology. He is a CFA charterholder as well as holding FINRA Series 7, 55 & 63 licenses. He currently researches and teaches economic sociology and the social studies of finance … Read More
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