WEBVTT 00:00:00.600 --> 00:00:05.200 Imagine a world where you look across the street and get directions 00:00:05.200 --> 00:00:09.000 or see information on your heart rate while cycling without 00:00:09.000 --> 00:00:12.800 looking down all could be possible with smart contact lenses 00:00:12.800 --> 00:00:16.900 a sci-fi movie scenario that's becoming more and more of a reality 00:00:16.900 --> 00:00:21.800 Samsung Google and Sony have experimented with smart contact 00:00:21.800 --> 00:00:26.200 lenses since 2014 with hopes of them taking photos and video 00:00:26.200 --> 00:00:29.700 with a blink of an eye or measuring your glucose levels. 00:00:29.700 --> 00:00:31.900 And today dedicated u.s. 00:00:31.900 --> 00:00:35.600 Optics companies are testing their prototypes some that could 00:00:35.600 --> 00:00:39.400 display notifications like how your smartphone would or give 00:00:39.400 --> 00:00:48.600 you timely information without interrupting your focus lens 00:00:48.600 --> 00:00:53.500 in eyes up and hands-free environment is important surgeons 00:00:53.500 --> 00:00:56.600 with real-time Biometrics of the patient if there's some retail 00:00:56.600 --> 00:00:59.500 prototypes that were looking at can someone be able to interact 00:00:59.500 --> 00:01:02.600 with a customer Just eyes up in the moment making eye contact 00:01:02.600 --> 00:01:05.800 and yet know that that thing that they're asking about they're 00:01:05.800 --> 00:01:07.500 actually two more back in the stockroom. 00:01:12.500 --> 00:01:18.100 Into our eyes why it all comes down to the Tech Medical approval 00:01:18.100 --> 00:01:18.900 and market value. 00:01:18.900 --> 00:01:22.800 Let's start with a tech which has to be really tiny. 00:01:22.800 --> 00:01:27.000 If you asked me to go I would say that's impossible for you to 00:01:27.000 --> 00:01:32.100 put the kind of electronics you need in a contact lens nanotechnology 00:01:32.100 --> 00:01:36.200 for smart contact lenses wasn't readily available until the early 00:01:36.200 --> 00:01:40.900 2000s. But even with the technology implementing it comes with 00:01:40.900 --> 00:01:43.800 challenges. This concept is straightforward. 00:01:43.800 --> 00:01:50.200 I think the most difficult part is to figure out how do you do 00:01:50.200 --> 00:01:52.300 engineering to put everything together? 00:01:52.300 --> 00:01:55.600 So companies have to carefully consider which type of contact 00:01:55.600 --> 00:01:59.000 lens to use as their base and build the technology from their 00:01:59.000 --> 00:02:02.600 Mojo Vision does a squirrel lens with all the technology 00:02:02.600 --> 00:02:06.700 embedded inside the lens and a wearable neck device as a processor. 00:02:06.700 --> 00:02:10.800 Well in a Vega uses a soft lens with a polarizer filter that 00:02:10.800 --> 00:02:12.100 pairs with glasses that 00:02:12.400 --> 00:02:16.400 The most of the technology but each type of Contact Lens comes 00:02:16.400 --> 00:02:27.300 with its own difficulties because of the rigidity of it is actually 00:02:27.300 --> 00:02:31.900 protective to your eye and improvise the stability ones is on 00:02:31.900 --> 00:02:36.200 I if not popular because it has been difficult to manufacture 00:02:36.200 --> 00:02:40.300 every last if you can consider it being how to make so it takes 00:02:40.300 --> 00:02:43.700 more time to fix the lands and takes more time to make them 00:02:43.700 --> 00:02:49.200 on. However, we say years has become more popular again because 00:02:49.200 --> 00:02:52.500 they realize that now it's easier to make now it's easier 00:02:52.500 --> 00:03:01.100 to fit meanwhile at innovega starter has a hard shell difficulty 00:03:01.100 --> 00:03:02.700 that was perceived was so great. 00:03:02.700 --> 00:03:06.500 But then we really saw the value in it needs to be a soft 00:03:06.500 --> 00:03:10.400 lips and that even took us in a different path with the polarizer. 00:03:12.400 --> 00:03:15.900 Trinket shoes and the tech behind the polarizer both companies 00:03:15.900 --> 00:03:23.900 how to make sure their contact lenses were to the next challenge 00:03:23.900 --> 00:03:28.200 medical approval since the smart contact lenses are considered 00:03:28.200 --> 00:03:29.000 a medical device. 00:03:29.000 --> 00:03:36.500 They need to be approved by the FDA. 00:03:36.500 --> 00:03:40.000 If there is anything that could be potentially harmful after 00:03:40.000 --> 00:03:44.100 verifying the physical and chemical properties of the lens material 00:03:44.100 --> 00:03:46.200 through multiple preclinical test. 00:03:46.200 --> 00:03:50.200 The companies can move on to clinical trials and then there's 00:03:50.200 --> 00:03:52.800 specific animal testing that you need to do. 00:03:52.800 --> 00:03:55.400 And those we are looking at ocular irritation. 00:03:55.400 --> 00:03:59.400 We're looking at screen sensitivity if everything's 00:03:59.400 --> 00:04:04.300 past and we can cause either for humans on eye testing currently. 00:04:04.300 --> 00:04:06.500 This is where both companies are at. 00:04:12.400 --> 00:04:16.500 And compare it to other marketed lenses so that we know where 00:04:16.500 --> 00:04:27.800 it is. Look at whether it is comfortable whether the functionality 00:04:27.800 --> 00:04:32.800 is working as intended and it has been really incredible 00:04:32.800 --> 00:04:36.500 experience. The last challenge is effectively introducing 00:04:36.500 --> 00:04:38.800 this product to the market a few reasons. 00:04:38.800 --> 00:04:42.200 Google Glass was in popular was because of his high price tag 00:04:42.200 --> 00:04:46.600 awkward display and video recording capabilities, but motovision 00:04:46.600 --> 00:04:49.600 and Anna Vega are not in a rush to appeal to the masses. 00:04:49.600 --> 00:04:53.700 They are helping a specific Market first and then growing 00:04:53.700 --> 00:05:02.600 from their customers would be in sports analytics and sports 00:05:02.600 --> 00:05:05.700 performance enhancement were people need their hands-free 00:05:05.700 --> 00:05:09.300 but yet want the information readily available Hospitality 00:05:09.300 --> 00:05:12.200 / entertainment is interested automobile tomorrow. 00:05:12.400 --> 00:05:15.200 Is interested retail is interested. 00:05:15.200 --> 00:05:18.300 I think what we need to do is demonstrate our ability to deliver 00:05:18.300 --> 00:05:22.800 and the market desire to use it even on a relatively speaking 00:05:22.800 --> 00:05:24.800 small-scale and if we can do that, 00:05:24.800 --> 00:05:28.600 we are the right to continue and if we continue to earn the right 00:05:28.600 --> 00:05:32.600 to continue, I think we've got a whole new Category 2 floor 00:05:32.600 --> 00:05:39.200 over come up with a price tag or release date yet. 00:05:39.200 --> 00:05:42.600 But in a Vegas says it's smart contact lens could receive 00:05:42.600 --> 00:05:45.300 Market clearance by the end of 2021. 00:05:45.300 --> 00:05:49.100 It's smart contact lens could cost about the same as daily 00:05:49.100 --> 00:05:53.700 disposable lenses and its glasses could be anywhere from 3,000 to 00:05:53.700 --> 00:05:57.700 $5,000. But the company expects the price to decrease 00:05:57.700 --> 00:06:01.100 over time. Once it can produce larger quantities in the Years 00:06:01.100 --> 00:06:02.300 working on this topic. 00:06:02.300 --> 00:06:06.200 I really believe this that smart contact lenses are thing. 00:06:06.200 --> 00:06:09.900 There isn't a product that you can go out and buy right now Vine 00:06:09.900 --> 00:06:10.500 play. There will be 00:06:11.400 --> 00:06:15.500 Currently both companies still need another device to pair with 00:06:15.500 --> 00:06:19.200 their smart contact lenses and Innovative even plans to keep 00:06:19.200 --> 00:06:20.600 their glasses in the long run. 00:06:20.600 --> 00:06:23.400 But this is the most progress that we've seen so far. 00:06:23.400 --> 00:06:26.700 So, what do you think would you were smart contact lenses? 00:06:26.700 --> 00:06:28.300 What are some of your concerns? 00:06:28.300 --> 00:06:31.600 Let us know in the comments and subscribe to your YouTube 00:06:31.600 --> 00:06:33.800 channel, so you don't miss the next episode.