It's more like panning. If you step left right, the parallax effect persists, like walking around an object in a box on table. But if you try to go up/down it appears to rotate with you as the display doesn't have any fields vertically.
It reminded me a lot of those "3d" pictures you can get that have a bunch of vertical sections at slightly different angles. They go back to maybe the 70s. There's a funny name for them that I can't quite remember.
My understanding is that the "box" that sits on top of the display is purely cosmetic and helps sell the effect, and that the backboard of the display provides everything.
It reminded me a lot of those "3d" pictures you can get that have a bunch of vertical sections at slightly different angles. They go back to maybe the 70s. There's a funny name for them that I can't quite remember.
My understanding is that the "box" that sits on top of the display is purely cosmetic and helps sell the effect, and that the backboard of the display provides everything.