The project is designed to raise awareness of what is possible with this technology.
This has nothing to do with smart glasses, and everything to do with surveillance capitalism. You could do the same thing with a smartphone, or any camera + computer. All this does is highlight how everyones most sensitive data has been aggregated by numerous corporations and is available to anyone who will pay for it. There was a time when Capitalism used to equate itself as the "free" and privacy preserving antithesis to Soviet style communist surveillance, yet no KGB agent ever had access to a system with 1/100th the surveillance capabilities that 21st century capitalism now sells freely for profit. If you need proof, a couple of college students were able to create every stalking victims worst nightmare.