At a fashionable dinner party in Hong Kong a naval officer is coaxed into revealing details of a dream in which eight persons take off from Bangkok in a Dakota bound for Tokyo and crash in the Japanese mountains. Amongst those listening is Air Marshal Hardie who is due to fly to Tokyo the next day. Hardie initially dismisses the dream because he is scheduled to fly out in a Liberator, but as Hardie arrives at the airport he discovers that the Liberator has developed mechanical problems and has been replaced by a Dakota. When, just before the flight is due to depart, two soldiers board the plane making a complement of eight, Hardie fears that the Dream may be coming true and he is destined to die.

Ethan is a young, shy and rather reserved designer who has suffered from insomnia for many years due to his terrible nightmares. Believing he has a personality disorder he decides to see a therapist to solve his problem, but it will be thanks to the help of his best friend and a medium that he will face a long journey, a journey that will lead him to discover that his nightmares hide a shocking truth, something darker and more sinister than he ever imagined.

隶属于美国军方的某神秘机构，正在进行着一项隐形技术的研究。科学家塞巴斯蒂安·凯恩（凯文·培根 Kevin Bacon 饰）是这支小组的主要负责人，经过多年的努力，他们的研究在动物身上已经初见成效。急功近利的塞巴斯蒂安无视药物的不稳定性，执意在自己身上尝试。该药物的隐形效果非常出色，但是塞巴斯蒂安却无法恢复正常。为此，他的搭档琳达·福斯特（伊莉莎白·舒尔 Elisabeth Shue 饰）和马特·肯辛顿（乔希·布鲁林 Josh Brolin饰）抓紧解药的开发，而塞巴斯蒂安却越来越喜欢隐形的感觉，透明的状态让他可以为所欲为。为了保持现有状态，他变得丧心病狂……　　本片荣获2001年美国科幻恐怖电影学院最佳特效奖、2000年洛迦诺国际电影节观众奖。