Reminds me of these projects:
http://en.wikipedia.org/wiki/MyLifeBits
http://en.wikipedia.org/wiki/Microsoft_SenseCam
Maybe a V1 of this could have Google Glass take a photo every minute. You could upload it automatically to Evernote or your private G+ photo feed. Then, you could occasionally review and "star" the important moments of your life (and maybe even delete/summarize chunks that are less important).