I guess you're both right. People knew there'd be reasons computers would be nice to have, but scoffed at the idea that it would be realistic, or would become an actual necessity. People now know that there are ways VR could be cool, but many aren't yet convinced it can be done well enough/cheap enough to be worth it, nor are they imagining it being day-to-day tech yet.
It cannot be done well enough or cheap enough or in a form factor people are willing to use at scale. It's a dead end until those all change. Decades at least.
