I was at a business function earlier this week and Second Life came up in our conversation. We all were shaking our heads and questioning in our time-starved lives, do we really have time to live multiple lives?
A co-worker changed the direction of the dialogue quickly by bringing up how virtual reality can actually save time. She was talking about augmented reality. And, Mark Logan has an excellent post highlighting it's relevance and giving a few examples to boot:
Simply put, Augmented Reality is the blending of computer data or images with real, physical spaces. Think of the heads-up display in a military jet, where computer data is projected onto a view of real-world images in real time.Mark Logan, Mostly Marketing, Sep 2008
You should read the whole article.