Based on a research report issued by Huatai Securities, the AI sector is shifting its focus from contending over model capabilities to the phase of terminal deployment and practical application. The advancement of multimodal functionalities in large-scale models has empowered AI to perceive, comprehend, and interact with the real world. Among an array of terminal devices, AI glasses, with their first-person viewpoint, cost-effective operation, minimal intrusiveness, and suitability for all-day wear, are poised to emerge as a frequently-used conduit for AI Agents to venture into the physical world. Huatai Securities posits that AI glasses not only signify a leap in hardware innovation but also mark a pivotal move in integrating AI productivity into real-life situations. This integration has the potential to propel a transformation in human-computer interaction, transitioning from 'active inquiry' to passive intelligent services that offer instant, tangible results—epitomizing the principle of 'what you see is what you get.'