In later stages of a business, if used correctly, financial statements can reduce a complex reality into elegant simplicity, so you can separate noise from what really matters, enabling a large battleship of a company to be turned away from danger.
Even Warren Buffett had to bend to this reality, and he created aseparate share class to not only make ownership and disposition of shares easier, but also to preempt other investors from buying Berkshire stock and creating trusts (similar to how ETFs allow investors to buy gold at prices well below the per-ounce price).
The reason for such confidence in augmented reality derives not from major leaps in the technology itself, but from aseparate revolution: the emergence of the smartphone.