This document discusses how virtual and augmented reality, along with the Internet of Things, are transforming human experiences and opportunities for businesses. It defines virtual reality, augmented reality, and the Internet of Things. It describes how sensors embedded in everyday objects are collecting vast amounts of data and how this data can be used to create new digitally enhanced experiences across many industries like education, commerce, travel, and more. It suggests that entrepreneurs should embrace these exponential technologies to transform and grow their businesses.