Microsoft Research has introduced new technology called "first-person hyperlapse videos" which turns your shaky recordings into smooth time-lapse videos. This technology is especially useful if you own a GoPro camera and find yourself recording lots of shaky videos.
"We present a method for converting first-person videos, for example, captured with a helmet camera during activities such as rock climbing or bicycling, into hyperlapse videos: time-lapse videos with a smoothly moving camera," Microsoft Research stated.
The way it works is simple. Microsoft's technology first reconstructs the 3D input camera path and the dense, per-frame proxy geometries. A camera path is then optimized for the output of video that is smooth and passes near the input cameras while ensuring the virtual camera looks in directions that can be rendered well from the input. In other words, the 3D camera path takes a different, smoother route resulting in each frame being rendered from the new viewpoint.
At the moment, the researchers working on this technology are looking to create a Windows app, but no availability timeframe was given. If you are someone who enjoys the outdoors and happens to own a GoPro (or similar) camera, check out the technology in action below.