The Vive has a camera to let you see real life, but it's more like a window, doesn't work with the game view, moreso just to let you see the desk/room etc without taking off the goggles.
Needs to become a mix of VR and augmented reality (eg Google Glass, Microsoft Hololens) to get to that level.
edit: Sony is ready to release one for the PS4 too. HTC Vive has the backing of Steam, Occulus has Facebook backing them. Some games will be "exclusive" to the certain "store"
edit2: plus..... pronhub has just released their VR pron channel