The NY Times blog, Bits, spoke with Google employees who asked not to be named. “These people said they are expected ‘to cost around the price of current smartphones,’ or $250 to $600. The people familiar with the Google glasses said they would be Android-based, and will include a small screen that will sit a few inches from someone’s eye. They will also have a 3G or 4G data connection and a number of sensors including motion and GPS.”

“The glasses will have a low-resolution built-in camera that will be able to monitor the world in real time and overlay information about locations, surrounding buildings and friends who might be nearby, according to the Google employees. The glasses are not designed to be worn constantly — although Google expects some of the nerdiest users will wear them a lot — but will be more like smartphones, used when needed,” writes the NY Times.

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How will we reinvent news for Google’s new augmented-reality eyeglasses?

For the news industry, this eventually will become yet another device like smartphones or tablets that demands we rethink news products, delivery methods and business models based on its unique capabilities and uses. It’s never too early to start thinking.