Many people with normal vision take seeing and recognizing the world around us for granted, without thinking how difficult it is for people with impared vision or the legally blind to receive that same information.

OrCam's goal was to "harness the power of artificial vision" and help those who are suffering from a significant loss of vision not only to 'see', but to become independent again. They developed a tiny device with a camera that you can mount on any eyeglasses. The device is capable of recognizing text. The wearer only needs to attach the device to their eyeglasses, point at the text they wish to read and the device will - through a bone-conduction earpiece - speak the words subtly into the wearer's ear.

The device is also capable of memorizing not only objects, but also people's faces. The wearer has to stand in front of a person, push a button and speak the person's name. The device will store this information and the next time this person appears in front of the wearer, the device will recognize him/her and speak their name.

The OrCam MyEye set comes complete with two pieces — a base unit (that works as a computer) and a head unit that includes a mini camera and a bone-conduction speaker. The device costs between $2,500 and $3,500 per set.

OrCam will also be offering another product called the OrCam MyMe, the first wearable AI that monitors all the activities that make up your day-to-day routine and communicates with the wearer via smartphone or smart watch. More as we get it.