I've been in AR for almost a decade now and I have always been in the "we really need Magic Leap to work" camp, as well as recognizing just how hard it really is to do AR right. I'm also not a VR fan, but appreciate how its moved the needle on these technologies broadly. That said, Palmer makes his best points with these quotes:<p><i>sucked all the air out of the room in the AR space...allowed them to monopolize funding in the AR investment community</i><p>That is unquestionably what happened, as, if you talked with any major VC in the last 5 years they would admit that they were waiting on Magic Leap to make a move before they would really think about seriously funding anything else. So in that sense, it's been a constant frustration.<p>I'm still hopeful that Apple, Microsoft, FB or Google can make something compelling, and I think ML has been generally positively received - however it's always caveated as "these are the early days." Which is true, but the hype for ML has been unfortunate.<p>Again, consumer AR - especially HMD AR - is exceptionally hard to do right, so my hat is off to ML and the amazing people they have. However even Rony Abovitz (ML CEO) agrees that they were arrogant in their approach, and I think the end result is that it's hurt the AR industry in the larger sense.