Forbes:

Neither a VR game nor Pokémon Go can do what Magic Leap’s “mixed reality” does. VR takes you to another place. AR can make a Pikachu appear in your living room. Mixed reality keeps you where you are–and makes that Pikachu come to life.

How does it do it? The centerpiece of Magic Leap’s technology is a head-mounted display, but the final product should fit into a pair of spectacles. When you’re wearing the device, it doesn’t block your view of the world; the hardware projects an image directly onto your retina through an optics system built into a piece of semitransparent glass (the product won’t fry your eyeballs; it’s replicating the way we naturally observe the world instead of forcing you to stare at a screen). The hardware also constantly gathers information, scanning the room for obstacles, listening for voices, tracking eye movements and watching hands.

As a result, mixed-reality objects are aware of their environment and have the ability to interact with the real world. On Magic Leap’s hardware a Pokémon might escape capture by ducking behind your couch or, assuming you live in a “smart” home, turning off your lights and hiding in the dark.

If they pull this off, and it’s a huge if, it will be remarkable.