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The main problem with virtual reality? It's almost as humdrum as real life

imageVirtual horse racing, at a real racecourse? Zero points for imagination.Rachel Grey/AAP Image

Just a few years ago, virtual reality (VR) was being showered with very real money. The industry raised an estimated US$900 million in venture capital in 2016, but by 2018 that figure had plummeted to US$280 million.

Oculus - the Facebook-owned company...

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