The whole VR format is busted. I've been a believer since before Oculus existed, and the dream vision is pretty great.
But even after using VR for 10 years, it's still mildly uncomfortable, 1% of the games are actually worth the hassle, and it's not better and more efficient as a productivity tool than just a smartphone and laptop.
We need elemental changes in how the headset works (it'll take 8 years+), then we need to understand that walking around in VR will never, ever work, and it's not supposed to. Sure, a percentage of people don't mind, but the masses can't handle that. I love gaming and most of the time not even I can handle that. It's a fact, "VR legs" aren't real.
I don't believe VR has any future in the short term. Meta will absolutely focus on AR glasses (some just with notifications on the glass, some with full-blown 3D experiences) and that's it for now. That has a future. That's useful.
VR will still be niche for the time being. We need two more generational leaps in technology to make it really comfortable and useful. And when VR gets there, we might already have really strong AR adoption.