If you create a system that allows two people who are in different geographic locations to feel as though they’re in the same location, everybody is very impressed. “Wow,” they say, “you’ve given us the Jedi Council.”
But if you create a system that tells people that if they put on some special eyewear they will have an enhanced face-to-face conversation, the bar is much higher. They might well ask “Why do I need to put on some stupid headset when my buddy is right here three feet away from me?”
It’s a very good question, and it deserves a very good answer. I think the challenge of successful co-located XR will essentially come down to providing very good answers to that question.