This podcast episode explores the potential applications of virtual reality (VR) and augmented reality (AR) in various contexts, including enterprise settings, consumer behavior, training and learning, and future advancements. The conversation highlights the value and use cases of VR and AR in industries where physical interactions are necessary, such as training individuals in potentially dangerous environments. The speakers discuss the challenges and limitations in the adoption of these technologies, such as cost, technical implementation, and talent availability. The episode also emphasizes the need for continuous iteration and feedback in building VR projects, as well as the importance of experimentation and innovation in developing an ecosystem and finding killer apps. Lastly, the section imagines future advancements in AR and VR, including holographic interactions and sensory integration.