I see, well I can see some sort of VR or AR mixed reality taking over everything not so far down the line, but VR as we think of it now certainly won't.
It will be interesting to see if there's a battle between AR and VR for this space, it does seem like AR has a bit of an advantage at the moment.
Tech wise VR is a lot better. AR is about adding images on top of the real world, but it can only add them "on top." It can't remove light coming in from the world. Could only be solved by fully redesigning AR optics.
VR with camera passthrough however has full control over the image. Not only can it display dark objects over bright backgrounds, but it can photoshop the world. A negative for VR is that other people can't see your eyes/face, but it'd eventually be possible to have VR headsets photoshop other VR headsets out of the image.
Software wise, AR games are not that great. Using the real world as a play space is gimmicky and doesn't have a big future imo. AR will be popular only for passive experiences like putting a virtual display on a wall or translating text. VR games are the way to go, even if it's just stationary with a controller.