As always, awesome deck from Meeker on the latest technology trends.
Interesting mobile tidbits:
China has more smartphone subscribers than the US – 24% total subscriptions vs. US 48%, but still interesting.
29% of US adults have a tablet / eReader. This is up from 2% less than 3 years ago. 48% of US kids want an iPad for Christmas, 36% want a Mini.
In India, mobile internet traffic surpassed desktop internet usage in May 2012.
24% of shopping on Black Friday 2012 was done on mobiles and tablets vs. 6% 2 years ago. IOS was 4x more used than Android.
The reimagination of everything:
- Computing methods (mobile)
- User interfaces (touch/voice)
- Knowledge sharing (live online e.g. Wikipedia vs. encyclopedia)
- Photography / photosharing (Instagram etc.)
- News (Twitter)
- File storage (cloud services)
- Cash registers (Square)
- Funding (Kickstarter)
- Product design / production (crowdsourced 3D printing)
- Education (MOOCs)
“From learning by listening to learning by doing…Education and learning will become as much fun as videogames. We call it full body learning.” – Bing Gordon, KPCB partner
The “asset light” generation: From hand to cloud and back. Rise of sharing in this model. Freeing up space, time and money e.g. not needing to buy CDs or DVDs to store locally and consume content. Chegg / Amazon textbook rentals, workforce as a service (WaaS) – that term was new to me.
Areas of Opportunity:
- Ear + Body: Better devices / services = better products
- Cars: 52 minutes per day by 144MM Americans spent in cars, largely untapped
- TV: 3+ hours a day in front of TVs, better devices / interfaces coming rapidly
- Wallets: Credit cards, loyalty cards
- Education: $1.1 trillion in annual spending on education in USA, $460 billion in post secondary, cost of college up 2x inflation adjusted over 30 years, $914 billion in student loans, $25K per graduating student = bigger debt than credit card ($672 billion) and auto loans ($750 billion), up 8x over 10 years
- Health Care: $2.6 trillion annual spend on healthcare in USA, 18% GDP in 2010, up 5% 50 years ago, 2x OECD average