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The future IS NOW .... 'cause TMZ cameras happened to catch a woman sporting a brand new pair of the highly anticipated GOOGLE GLASS eyewear on her way into an Oscar pre-party Friday night.

The woman -- who calls herself Ann -- was on her way into the United Talent Agency's Oscar pre-party at the Beverly Hills home of UTA chairman Jim Berkus ... when we noticed the glasses.

FYI -- Google Glass is said to be a sort of "smart glasses" device ... in which users can bark orders like "record video" or "take picture" or "give me directions to ..."

A video screen then appears in the upper left hand corner of the lens ... sorta like how Arnold Schwarzenegger viewed information while functioning in normal society in "The Terminator."

It's unclear why or how Ann got her hands on a pair of the futuristic spectacles ... but she gave us a pretty cool demo right on the street ... tapping the arm of the glasses and vocally commanding the device to take a photo of our camera guy.

Ann then uttered the words. "OK Glass" ... and shared the photo with one of her friends.

We asked if the glasses were living up to the extreme hype ... to which she said, "It's pretty cool ... instead of you [having] to have a camera right now, it can just video tape you."

When asked when they would be released to the general public, Ann told us, "It's coming soon."