Today in Mobile

Google kicked off its much-anticipated I/O event in San Francisco today, and much of what it discussed had been more or less expected: the upcoming release of Android 4.1 (Jelly Bean), an Android-powered social media streamer and a Nexus tablet that will compete directly with Amazon’s Kindle, among other things. But what everyone is talking about is the demo for its Google Glass project that included four skydivers and two people rappelling down the side of the Moscone Center. Google Glass will capture the imagination of consumers, to be sure, but it isn’t likely to catch fire when it comes to market early next year with the hefty price of $1,500. Augmented reality may be the future, but the future is still pretty far away. UPDATE: The $1,500 price tag is for the developers’ product, not consumers’. My apologies.