The document distinguishes between virtual reality (VR) and augmented reality (AR), with VR creating immersive, simulated environments and AR overlaying digital information onto the real world. It traces the history and applications of both technologies, noting VR's roots in the 1950s and AR's commercial debut in the late 1990s. The document concludes that while VR is more mature, AR holds potential for future interactions with both real and virtual environments.