Google unveils first-gen universal translator.
Right now, it only works for English input. And machine translation is still, ah... less than ideal. But given a bit more development, we'll be looking at auto-translating smart phones, automatic subtitling of movies... Frankly, the end of bilinguality for most common purposes.
Now get me a working phaser and a Makerbot that can print Earl Grey, and we'll have all the things I want most from Star Trek.