What are optocouplers? What is optical isolation?

Optocouplers are a form of optical isolation that employs light to transmit information across an isolation barrier. Typically, a light emitting diode (LED) transmits information to a light sensitive receiver (e.g., a transistor). Optical isolation's primary benefit is that it is widely used and accepted as a low-cost isolation solution for transmission of slower digital signals; high-speed, digital optocouplers tend to be expensive. Optocoupler-based methods are commonly used in applications in which the DC state of a signal is important. Because LEDs may wear out over time, optical isolation typically requires compensation and guardbanding to guarantee application operability over life.