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Mary Meeker's 2017 Internet Trends Report (recode.net) 40

Kleiner Perkins Caufield & Byers partner Mary Meeker delivered her annual rapid-fire internet trends report at Code Conference. Here's the summary: 1. Global smartphone growth is slowing: Smartphone shipments grew 3 percent year over year last year, versus 10 percent the year before.
2. Voice is beginning to replace typing in online queries. Twenty percent of mobile queries were made via voice in 2016, while accuracy is now about 95 percent.
3. In 10 years, Netflix went from 0 to more than 30 percent of home entertainment revenue in the U.S. This is happening while TV viewership continues to decline.
4. Entrepreneurs are often fans of gaming, Meeker said, quoting Elon Musk, Reid Hoffman and Mark Zuckerberg. Global interactive gaming is becoming mainstream, with 2.6 billion gamers in 2017 versus 100 million in 1995.
5. China remains a fascinating market, with huge growth in mobile services and payments and services like on-demand bike sharing.
6. While internet growth is slowing globally, that's not the case in India, the fastest growing large economy. The number of internet users in India grew more than 28 percent in 2016.
7. In the U.S. in 2016, 60 percent of the most highly valued tech companies were founded by first- or second-generation Americans and are responsible for 1.5 million employees. Those companies include tech titans Apple, Alphabet, Amazon and Facebook.
8. Healthcare: Wearables are gaining adoption with about 25 percent of Americans owning one, up 12 percent from 2016.

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Mary Meeker's 2017 Internet Trends Report

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  • Immigrant pandering (Score:2, Interesting)

    by Anonymous Coward

    I'd love to see the data she derived that statistic from.

  • by TimothyHollins ( 4720957 ) on Wednesday May 31, 2017 @01:31PM (#54519215)

    7. In the U.S. in 2016, 60 percent of the most highly valued tech companies were founded by first- or second-generation Americans and are responsible for 1.5 million employees. Those companies include tech titans Apple, Alphabet, Amazon and Facebook.

    It sounds like this bulletpoint had to be massaged multiple times before it gave the "right" answer.

    • by Anonymous Coward

      indeed, and still not good...

      Aren't those tech companies responsible for a HUGE amount of the economy and valuations?

      But 1.5 million jobs is a VERY small portion of the jobs market, as in 1% !

      Now if we go back to the job automation post, we have a problem if this is where all those people are supposed to go :O
      Even if we DOUBLE the jobs there, they can't even absorb displaced truckers can they?

    • That's interesting, I had skimmed right over that. Does seem like one heck of a contrived data point!

      Apple: (116k employees) Steve Jobs' biological father was Syrian (adoptive father was American). Wozniak maybe had one grandparent who was Canadian?

      Alphabet: (~60k employees?) Larry Page, American. Sergey Brin and his family immigrated from the former USSR.

      Amazon: (341k employees! wow) Jeff Bezos's adoptive / step-father is from Cuba (opposite of Jobs!), so I guess this counts?

      Facebook: (8k employees) Zuckbe

      • by Anonymous Coward

        My grandfather was thrown out of a communist country and my mother was born outside the US, so does that make me first generation or 1.5 or some crap like that?

        I'm sure a bunch of venture capitalists wouldn't push a narrative of need for mass immigration so they can bring in cheap workers from abroad. Investors have never done anything unethical like that.

        • by Anonymous Coward

          My forefathers were forced to flee many times. Not from commies, exactly, but from people who where willing to take all that they had. Sort of like socialism, I guess, to hear some people talk.

          - anonymous Choctaw

      • Contrived or not it doesn't change the fact that this article is pretty much pointless.
      • My feeling is that immigrants tend to have some self-selected traits, or else they probably wouldn't be immigrants. For starters, they're inherent risk-takers, looking for opportunities to better themselves. Starting a business is a huge risk, but comes with a large potential payoff, just like starting over in a new country. Additionally, many immigrants are even more appreciative of the opportunities available in the US, having lived in areas without, and try to avail themselves of those opportunities.

        Y

    • Roughly 25% of Americans are first or second generation [pewsocialtrends.org]. Tech companies seem to average 2.21 founders [ycombinator.com].

      So on average you'd expect 1 - 0.75^2.21 = 47% of tech companies to have a founder who is first or second generation (for various definitions of "founder").

      TFA says the "most highly valued" tech companies have 1.5 million employees, and an even 60% of them fit the statistic. Based on some googling of number of employees, they are probably looking at just 10 companies. With a sample size of 10, the
  • [...] gaming is becoming mainstream, with 2.6 billion gamers in 2017 versus 100 million in 1995.

    I thought that took place back in 2000 when video game companies (~2B gamers) were converging with the movie studios (~2B movie goers) to become multimedia empires. I worked at Accolade/Infogrames/Atari (same company, different owners, multiple personality disorders) when "Enter The Matrix" came into testing. Security for that game was nuts. A half-dozen testers got fired when discs went missing. The game failed to deliver and flopped. The dot com bust put an end to building multimedia empires.

  • ... with recent reports (that make sense) that data captured by those wearables and presented by whatever s/w often is not all that useful for getting/being healthy.

  • I missed the memo (Score:4, Insightful)

    by 93 Escort Wagon ( 326346 ) on Wednesday May 31, 2017 @02:05PM (#54519545)

    Who is Mary Meeker, other than a partner at some random legal, accounting, or advertising firm?

    Oh, Wikipedia says it's a venture capital firm. So what?

  • With only about 2% of Americans actually wearing one. So much more adoption figures.
  • 8. Healthcare: Wearables are gaining adoption with about 25 percent of Americans owning one, up 12 percent from 2016.

    I might believe 2.5%...

  • ML Firstpost - Every such deep thought post is supposed to be laced with machine learning and artificial intelligence. Mary needs to keep up with the times.

  • by sexconker ( 1179573 ) on Wednesday May 31, 2017 @03:55PM (#54520355)

    The #1 trend in 2017 is #covfefe.

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