Microsoft HoloLens is a holographic computer running exclusively on Windows 10 that uses augmented reality technology to overlay holograms onto the physical environment. It has lenses, sensors, and a computer that allow it to map holograms without wires by tracking eye movement and hand gestures. Some advantages are its untethered design that does not disconnect the user from the real world, and potential applications for training. However, it also has disadvantages like high cost, potential safety issues if used while driving, and short battery life.