Mary Meeker, partner at Kleiner Perkins Caufield Byers, has delivered her influential, annual presentation on internet trends to the Code conference in California.
Here are some of the highlights from her talk:

• Internet user growth has slowed below 10%, smartphone growth is still strong but slowing. 

• But mobile data traffic is accelerating—up 81% year-over-year—thanks to video, where mobile is now 22% of consumption. 
• Only 30% of the world’s 5.2 billion mobile users have smartphones—still room for growth. 
• There are still more global TV users (5.5 billion) than mobile phone (5.2 billion). 
• 97% of smartphone share OS “made in USA” vs. 5% in pre-iPhone era. 
• Mobile advertising is still underperforming vs. time spent on mobile devices, whereas print is still significantly over performing. 
• About 5 million Bitcoin wallets exist, up 8 times year-over-year. 
• Tinder users “swipe” 800 million times per day, up 21 times year-over-year. 
• 66% of U.S. tablet owners are surfing the web while watching TV. 44% are shopping. 
• 52% of ESPN’s digital user’s access only on smart phones and tablets, representing 48% of time spent.
• China’s mobile Internet users now ~80% of total China Internet users. More critical mass for mobile web than anywhere, and leading mobile commerce revolution. 
• Six of top 10 Internet properties “made in USA”—down from 9 of top 10 last year—with more than 86% of their users outside America. “China rising fast.” 
• Finger print technology on handsets and tablets will do away with passwords. 
• Smartphone subscriptions fastest growth in China, India, Brazil and Indonesia. 
• Tablet penetration still much lower than desktop and lap top, set to grow. 
• Global Internet advertising in 2013 was US$116b up 16% on previous year 
• Tech companies were 35% of S&P 500 value in 2000 now 19%.
• 1.8 billion Photos uploaded and shared each day. 
• BBC iplayer requests up 21% yoy, 46% of requests from mobile/tablet 
The Internet and technology in general have created efficiencies in the way we work. It is easier to gamble online than to visit a casino or betting shop. Cars are more efficient now because fewer people make them and Internet shopping gives more choice at affordable prices.
Such progress, however, comes at a price. Many jobs are now redundant and as wages adjust to meet demand large segments of work have no value. Hence the growth in inequality.