Virtual reality can be economies' way out of productivity slump: Deutsche Bank

Singapore

THOSE clunky goggles that, when worn, immerse the user in an alternate, digital reality?

The technology behind them, called virtual reality, together with other upcoming "disruptive" innovations, might just be what slowing economies need to lift themselves out of a productivity slump, said Deutsche Bank.

And Asia can benefit greatly from manufacturing for, and adopting these technologies, as economies in the region face challenges to economic potential and their workforces, it adds.

"Just as Asia played an important role in that first wave of innovation in the 1990s by providing cheaper ways to make the computers and mobile phones that the r…