All sorts of questions arise with Google Glass:
How will Google Glass bans be enforced? What will happen when people walk into a gym, cafe, restaurant or Las Vegas casino?
What will happen in future product revisions, once Google glasses aren't easily detected?
What will happen in the interaction with police and other people?
These kinds of glasses are small computers, so they are expensive -- $1,500 for the first round of them this quarter. Will there be a lot of thefts?
How will police subpoena the audio and video recordings people will likely constantly be making?
In all my years of covering technology, I have never seen such a swift shift into uncharted territory as this one. The cloud services are there; the wireless networks are there -- in other words, the surrounding elements are in place for Google Glass to take off like a rocket.
This situation is spring-loaded for very dramatic societal behavior shift, unlike any new technology to date. It can ricochet in all sorts of unpredictable directions.
There is much we don't know about Google Glass. What will be the killer apps? Kleiner Perkins and Andreessen Horowitz are helping Google with venture capital financing to identify new ideas for Google Glass. This mimics what Kleiner Perkins did after the iPhone's 2007 introduction, financing the iPhone app ecosystem. That was a winner, to say the least.
All the uncertainty notwithstanding, the only certain winner I see is Google and the numerous cloud storage plays. The first year or two of Google Glass may be bumpy both on the streets and in the stock market, but there is more upside than downside for Google here.
At the time of publication the author was long GOOG, AAPL and short MSFT.
This article was written by an independent contributor, separate from TheStreet's regular news coverage.