The meshing of haute couture and technology is a combination that can make your imagination work overtime, but it’s been done and is still being brainstormed. Both Apple and Google are working on the development of mobile peripherals in the form of accessories that, when attached to your body or clothing, will relay information to your phone.

In celebration of the high-tech Microsoft dress, albeit in a much more diminutive, less haute couture form, Apple is channeling wearable technology into the shape of an iPod with a curved glass display that can be worn around the wrist. One could use Apple’s virtual personal assistant Siri to communicate with the accessory. Apple’s iPod Nano already comes with clock faces that essentially gives it the likeness of something that may be worn as a watch. Apple just may be successful in their effort to make wearable devices a legitimate market owing to the concept of preserving the form of a regular watch while amping it up with functions that go beyond the eye’s initial expectation.

Google X is in the process of blowing our minds with, that’s right, Google spectacles. The spectacles are in late prototype stages and are constructed to resemble your average pair of thick-rimmed glasses. These warped spectacles can use a phone’s Internet connection through Wi-Fi or a Blueooth 4.0. Tapping into Google’s cloud-based location services, these specs will be able to reveal details about one’s surroundings.  Looks like Google X is giving Terminator a run for his money. According to the speculations of 9to5Google, the display technology will employ a transparent AMOLED or LCD screen. To top these whimsical glasses off they will most likely come equipped with built-in GPS.

Let’s see what the new year brings forth in terms of wearable technology. While the notion of wearable technology seems uber cool and nifty, how well will Apple and Google X do with actually making these products aesthetically desirable while also cost effective, and thus marketable?