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The simple fact is that VR is a solution to a problem, and if you don't have that problem using VR can become a problem of its own. To understand that, you have to understand how VR works. In the Nikon system, VR is essentially a element group in the lens that is moved to compensate for any detected camera motion.
What is the real difference? Think scuba diving vs. going to the aquarium. With virtual reality, you can swim with sharks. And with augmented reality, you can watch a shark pop out of your business card. While VR is more immersive, AR provides more freedom for the user, and more possibilities for marketers because it does not need to be a head-mounted display.