The product cycle for the Oculus Rift will be between the rapid six-month cycle of cell-phones and the slower seven-year cycle of consoles. It's rare to see a phone not coming out every year.

With the headset and motion tracker and all kinds of different future tracking technologies that we are R&Ding, there is just a huge amount of intelligence that has to be created. So we are looking at hiring some of the brightest minds out there to tackle some of those challenges and deliver the very best experience possible for the consumer.

Display companies, many of them that we've spoken to, are really excited about virtual reality because they're actually running out of innovation opportunities in other markets.

Ultimately, going into the consumer market, we really need outstanding content. That was the goal: if we can get the developer kit out at a low enough cost point, then hopefully a lot of developers would show up and start creating content.

True education flowers at the point when delight falls in love with responsibility.

I always remember the teachings of our ancestors: respect for God, teacher, government, and both parents. Even after I became president, I have not changed in this matter in the slightest. I hold these teachings in high esteem, and I believe in their truth.

The very rough story is this: Melbourne boy, out of both my parents' houses at a young age, lived with my grandmother, drama teacher twisted me into doing this TV thing that I thought my mates were doing, too.

I always wanted to be a teacher. I went to school to be a teacher. And I've always, you know, had this sort of romantic idea about it. But I'm worried about - I'm worried about education.