I'm sure the translation would be a very difficult problem, but the idea of transferring an image from one person to another telepathically is ground shattering in terms of impact. Take every day tasks when working with a team right now. I spend days writing documents solely for the purpose of communicating ideas from my own head to others.

Yes, forget about those uses. Judging from history, such a technology will more likely be used by our overlords to send us commands to obey...