Mary Meeker, partner at Kleiner Perkins Caufield Byers, has delivered her influential, annual presentation on internet trends to the Code conference in California.
http://www.kpcb.com/internet-trends
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.