He also expects advances in virtual reality technology.

Rick Yang, a general partner at venture capital firm New Enterprise Associates, shared a few of his predictions for 2016 with CNBC. One of his expectations is that e-commerce companies will continue a trend of opening physical locations, pointing to Warby Parker as one example who could lead the way.

Yang also expects more growth for virtual reality, calling 2016 a “tipping point” for the technology. “Time will tell, of course, but Yang believes real growth in VR will come from adoption of the more lightweight mobile VR headsets like the Samsung Gear VR — which is powered by Oculus — and Google's Cardboard,” Harriet Taylor of CNBC writes.

Read more at CNBC

 
SPONSORED VIDEO: OPTOMETRY WORTH SHARING

HOW TO AVOID AUDIT HELL

You may think you’re ready for a Medicare Audit. But are you? Little things count—but they can mean the difference between a great outcome and one that leaves you out in the cold. Don’t get swallowed up by the audit machine. Get this free guide to preparing for — and surviving — a Medicare Audit. Simply fill out the form to the right to access the information. Because you can survive “Audit Hell” if you’re prepared. Download Audit Kit ➡

Promoted Headlines