John Underkoffler, the co-founder of a 25 person Los Angeles-based startup actually imagined a gesture-based computer interface for Minority Report. The movie producers and Spielberg offered Underkoffler, who was at the time working at the MIT Media Lab, to serve as a science consultant for the movie.

This past Friday, Underkoffler has finally demoed a working prototype of that user interface at the TED Conference in Long Beach, California. Dubbed the g-speak Spatial Operating Environment, the system lets you zoom in and out, push objects aside and bring them to the foreground, rotate objects, etc.

Well I guess this means we are one step away from flying cars and brain implants ;)

This video gave me the chills. Truly fascinating technology. This explains why companies like AOL (that desire to become as innovative as Google) are sponsoring/investing in the MIT Media Lab.