Looks like Augmented Reality is the hot new technology of the moment. A great article from Fast Company came out last month touting a the new technology as the “Fad of the Moment” highlighting a few start ups expanding into the space and a good implementation on the Yelp iphone app.

Apparently Augment Reality also makes money. Venture Beat reported that self funded start up AccrossAir is profitable from it’s suite of iPhone apps including a subway finder (Nearest Tube) and a bar finder (as seen above).

Now if my phone could help me find my remote (as long as i can find my phone)…