Your image of the future of VR is a coal-powered rocket to the Moon.
"Space travel would soon be banned because the amount of smoke generated would poison the humanity"
I believe total VR immersion with only scarce "outside tourism" and few "hermits" living out of VR is the inevitable future of the humanity.
Socializing, "white-collar jobs", education, entertainment, this all would benefit from moving to VR. And for blue-collar, it will be easier and more efficient to operate telepresence machinery than working in person on "real jobs". The only purpose of leaving the VR will remain in tourism - wanting to "see the world for real" and "be there in person". Everything is easier in VR and people are lazy by nature; as soon as kinks are straightened out, the new "lazy" way always takes over.
Along with growth of the VR technology, including neural connectors, associated technology of "accessories" will grow as well. At first it will be "long-immersion seats" fulfilling basic biological needs. At time they will be replaced by ones that prevent atrophy, and finally they will become fully-featured life-support systems that provide full medical care, all biological needs, and can even carry sperm between a pair of people who never met but live in a relationship in the VR, then pick the infant and place in the net from moment one. All teaching and training, including muscle memories, would be performed in VR.
Edit: What happens to the society that has moved to VR?
First, since your body needs a couple grams of soylent-style preparate and one VR pod, about a cubic meter of volume, plus some electricity, demand for material goods drops vastly. Hardly anyone needs land, physical wealth and such.
Humanity lives in huge underground "farms" of VR pods; the surface is a mix of solar power plants, automated farmland, research facilities and relatively few mining and industrial operations; many places of the world are focused on tourism, providing anything from dangerous challenges, through ancient art and impressive nature, plus the best "RL" has to offer in terms of cuisine etc. Still, most of Earth is uninhabited and turned to natural wilderness.
Since physical property is in so little demand, life in the VR revolves around "creative goods" and "intellectual property". Art, entertainment and clever design combining aesthetics and functionality are valuable. Knowledge - science, engineering, research - are quite valuable too. Since costs of living are so low, work is entirely optional - something for the benefit of these, who want more than "standard" - say, custom-made "virtual goods" like designer avatars, or specially tailored "virtual appliances", user interfaces to all kinds of functionalities. But everyone has free access to everything "standard" and there's a plenty of free content - since you don't need money to stay warm, safe and full, you can sacrifice your time to creating, demanding only appreciation in return if such is your wish.
Blue-collar jobs are nearly gone; about anything of that kind can be done better by computers. The few that remain are well paid - because few people want to do them (and demand for cash isn't all that high either).
Essentially, the society - seemingly - approaches utopia where nobody goes hungry, ill or homeless, you can shape your world with your mind, and you are fit and healthy physically at all times too. Possibly even immortal?
Then imagine the crime world. Illicit downloads? d'oh, baby play. Think of illegal "mind-altering" software that can either act as super-drugs giving bliss one never wants to escape, or as a weapon. There would still be conflicts, jealousy, hate, wars of doctrines - and as result, demand for means of forcing the others to comply. Maybe physical, through security against that would be tight. But more commonly virtual. Force mind-wrecking fear, or just dictate the brain to stop sending pulses to the heart, or implant some idea, even idea of endless obedience. Or hack the security systems and bomb a block of a million pods.
The move to VR would resolve most of current problems of the humanity, but it would only escalate these problems that humans cause to other humans.