epa04511017 New Zealand film director, Sir Peter Jackson arrives on the red carpet for the world premiere of 'The Hobbit: The Battle of the Five Armies', at Leicester Square in London, Britain, 01 December 2014. The movie opens in British theaters on 12 December. EPA/ANDY RAIN
LOS ANGELES: Famed Lord of the Rings director Peter Jackson believes that the mobile phone has found its match: Jackson recently told Wired magazine that augmented reality technologies like the ones developed by Florida-based Magic Leap will be used "as much as, if not more" than smartphones in ten years.
Magic Leap is one of a number of companies working on augmented reality technology capable of combining images of the real world with virtual objects. The startup has been highly secretive about its technology, but that hasn't stopped high-profile investors like Google, Alibaba and Warner Bros from pouring more than US$1.4 billion in financing in the company.
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