The Magic Leap site says that Magic Leap is “an idea based in the belief that people should not have to choose between technology or safety, technology or privacy, the virtual world or the real world.”
The above video gives a little more information, but there’s evidently not much else to know yet. Could this Magic-Leap technology be obtrusive? Possibly. Could it be fantastically awesome and world-changing in the best way? I’m thinking yes. We’ll know more soon enough.