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With the invention of digital cameras the world wide web would soon become bloated with pictures of drunken fools and a million pictures of each of your friends children. But now why settle for just 2D pictures when with Make3D, a online application developed by Ashutosh Saxena, a PHD candidate for Standford University that will allow you to take your photos and not only bore people in 2D but also in 3D! Ashuton says 3DMake is a program that explores "Learning algorithms to predict depth and infer 3-d models, given just a single still image."

The application examines the image and using what is call Markov Random Field (MRF), the application determines the dept of the image and objects in the image to try and extrapolate a 3D model.
Ashuton has written several papers on the subject and has also worked on other projects dealing with robotics and Navigation. So if you are into this sort of think the project is worth checking out.
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