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Welcome to Day 1433 of our Wisdom-Trek, and thank you for joining me.This is Guthrie Chamberlain, Your Guide to WisdomAugmented Reality - How Will It Impact Our World \u2013 Ask GrampsWisdom - the final frontier to true knowledge.\xa0Welcome to Wisdom-Trek! Where our mission is to create a legacy of wisdom, to seek out discernment and insights, to boldly grow where few have chosen to grow before. Hello, my friend, I am Guthrie Chamberlain, your captain on our journey to increase Wisdom and Create a Living Legacy.\xa0Thank you for joining us today as we explore wisdom on our 2nd millennium of podcasts. Today is Day 1433 of our Trek, and our focus on Fridays is the future technological and societal advances, so we call it Futuristic Fridays.\xa0My personality is one that has always been very future-oriented.\xa0Since my childhood, I have yearned for the exploration and discovery of new technologies and advancements for the future.\xa0I grew up with the original Star Trek series, and even today, while I am on my 64th revolution around the sun, I still dream of traveling in space. Each week we will explore rapidly converging technologies and advancements, which will radically change our lives.\xa0At times, the topics may sound like something out of a science fiction novel, but each area that we explore is already well on its way of becoming a reality over the next couple of decades.


To keep with our theme of \u201cAsk Gramps,\u201d I will put our weekly topics in the form of a question to get us on track.\xa0So this week\u2019s question is:\xa0Hey Gramps, what is Augmented Reality, and how will it impact our world in the future?


Augmented Reality \u2013 How It Will Impact Our World


Last week on Futuristic Friday, we explored how Sensors and the Internet of Things (referred to as IoT) will track and measure all types of information in every aspect of our lives.\xa0Augmented Reality (or AR) will be one of the connections or sensors which will provide information to and from our world. Our world is in a disruptive mode, which will speed up the exponential technology that is changing our world today. I am using some of the information mentioned in Peter Diamandis\u2019s blogs and book \u201cThe Future is Faster Than You Think.\u201d


Augmented Reality is about to add a digital intelligence layer to our every surrounding, transforming retail, manufacturing, education, tourism, real estate, and almost every major industry that holds up our economy today.


Apple\u2019s Tim Cook has remarked, \u201cI regard [AR] as a big idea like the smartphone. The smartphone is for everyone. We don\u2019t have to think the iPhone is about a certain demographic, or country, or vertical market. It\u2019s for everyone. I think AR is that big; it\u2019s huge.\u201d


Apple, Microsoft, Google Alphabet, Amazon, and numerous other players are entering this AR market, so we are on the cusp of witnessing a newly augmented world.


In one of the most significant technological revolutions of this century, smartphones have dematerialized cameras, stereos, video game consoles, TVs, GPS systems, calculators, paper, and even matchmaking as we knew it.


AR glasses will soon perpetuate this, ultimately dematerializing the smartphone itself. We will no longer gaze into tiny, two-dimensional screens but rather see\xa0through a fully immersive, 3D interface.


\xb7\xa0\xa0\xa0\xa0\xa0\xa0Introducing the Augmented WorldWhile already beginning to permeate mobile applications, AR will soon migrate to headsets, and eventually reach us through contact lenses \u2014 replacing over\xa03 billion\xa0smartphones in use today.


AR superimposes digital worlds onto physical environments (by contrast to VR, which completely immerses users in digital realities). In this way, AR allows users to remain engaged with their physical surroundings, serving as a visual\xa0enhancement\xa0rather than replacement.


As AR hardware costs continue to plummet \u2014 and advancements in connectivity begin...