I’ve seen other videos on what’s happening with augmented reality, a live direct or indirect view of a physical real-world environment whose elements are merged with (or augmented by) virtual computer-generated imagery – creating a mixed reality.

But after seeing this video in a great post by Jeremiah Owyang, I had to pass it on.  Besides, the video was shot on the Pearl Street Mall in Boulder, highlighting part of what I love about living here.

Other videos I’ve seen show pointing an iPhone at a neighborhood, seeing which houses are for sale, the sale prices and then watching video tours of the houses you like.  Brightkite has a new Layar app for phones using Android and for iPhone 3GS phones.

Eventually you’ll probably be able to scan any environment and as people walk by you’ll see their bios, social networks and other information identifying them. It’s a little spooky, but I’m guessing that there will be ways to choose whether or if you’re information will be accessible.  The future is now.

Click here to view the embedded video.

Click here to view the embedded video.

Technology has rocked our world repeatedly in profound ways. This will happen many more times and is about to happen again with Google Wave.  It’s going to be a tidal wave!

Imagine email, instant messaging, document sharing and much more integrated into a real time platform.  Or don’t imagine it and just wait a few months because that’s when you’ll be using Google Wave. TechCrunch has a great overview explaining why this is a game-changing product.

With Google Wave being announced it seems like a good time to shine a spotlight on how our world has changed from the release of disruptive technologies.  Some of my favorites have been:

• Smart Phones – before them we actually used a phone for making calls.  Now we use our phones as watches, computers, Rolodexes, calendars, cameras, alarm clocks, jukeboxes, photo albums, yellow page directories, news resources, email clients, video game consoles and a hundred other devices-in-one.
• Pagers – First drug dealers used them with pay phones (remember those?  …pay phones, not drug dealers) and parents used them to get their kids to call home.   With their arrival we began to move into a world where we could be found at any moment aside from being in the shower.
• Mobile Phones - Remember when phones were used connect with a specific location?  Now they are used to connect to a person in any location.  This created a major shift in how we communicate.
• Satellites – Before 1957 there were no satellites.  Fifty-two years later we use them for many purposes across industries as varied as radio, television, telecommunications, navigation, meteorology, land mapping, business & finance, climate & environmental monitoring, space science to name a few.  When is the last time you used a paper map instead of Google Maps on your phone or computer?
• Cable news – I don’t watch it, think it’s moronic and a tabloid distraction, but when it first debuted it was a positive revolution to have 24 hour news.  It killed the habit of tuning into the evening news and broadened possibilities before imploding into itself and beginning to be killed by my favorite disruptive technology so far…
• The Interwebs – Also know as the intertubes or the internet.  Since you’re reading this on the internet you probably know how transformational the internet and personal computers have been.  Pause for a moment and try to remember what your life was like before owning a personal computer, much less a laptop or smart phone.

Some technologies that were revolutionary and became extinct include the betamax, laser discs, vinyl albums, Polaroid pictures, PDAs, 8 Track tapes, cassette tapes and floppy discs.  The thing is, they were all necessary bridges to our modern world of digital convenience.  Much like how email and verbal voice mail may be out of use in 10 years, but they are necessary and interesting to us today.

The key to new innovative disruptive technologies is to look for the opportunities rather than being afraid because the old ways are passing away.  Dinosaur industries like music, TV and newspapers could have done much better than they have in the last 10 years.

They are still blowing it by blaming the world for changing rather than blaming their antiquated hierarchical business models.  The old models had large overheads and made a ton of money for few people while taking advantage of many others.  The new models value human, social, financial and environmental capital equally while collaborating to benefit many through innovation with low costs of entry.

There are tons of great examples like Amazon that have changed our personal and professional lives in deeply profound ways by unleashing innovative products, services and distribution models to an unsuspecting public.  Google Wave is just the next best thing, but lets welcome the changes it will bring to help us to do life in better and more collaborative ways.