We've seen software and applications designed to assist visually impaired individuals in the past, but nothing's been quite what we're shown in this video. The LookTel software actually allows phones to recognize and audibly identify objects almost instantly.

The software does need to learn landmarks and objects, but after the initial setup it appears to be quick and accurate. If the real thing is as good as this demo video, then smartphones will become an incredible and—depending on the cost of the software—potentially affordable aid for blind or impaired individuals. [LookTel]