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Mary Meeker’s eye-popping annual Internet Trends report hits the web

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Re: Mary Meeker’s eye-popping annual Internet Trends report hits the web

#3
I found the following interesting:

Lessons from Developed Mobile Markets like Japan ... Mobile Monetization Levels in USA Could Surpass Desktop Within 1-3 Years

The "Monetization Levels" are the advertising revenue. The report states that desktop internet advertising revenue grew from $55 million (estimated) in 1995 to $73 billion in 2011 (estimated). (And advertising revenue per user went from $9 to $49 in the same period.)

However, I have doubts that internet advertising will be as successful on mobile devices. Personally, I tend to avoid ad-supported apps or simply do not "click" on any ads within apps, but that's just me and I may be really off-base with the overall behavior of app users.

Re: Mary Meeker’s eye-popping annual Internet Trends report hits the web

#5
The biggest take-away for me is that we are changing the way we do... pretty much everything.

Two things I noticed:

1. There is a big shift towards convenience and broader participation.

2. An increasing proportion of our activities are conducted through smart phones and tablets instead of going somewhere or using a device specifically designed for a given purpose. Many activities are becoming "just another app" and losing their traditional context.

Finally, there's a cautionary message about US debt. The disturbing chart of US entitlement and interest spending vs. revenue. At the current rate, in 2025, the government will be spending more on entitlements and interest alone (NOT taking into account government spending on defense, education, etc.) than they have revenue.

Re: Mary Meeker’s eye-popping annual Internet Trends report hits the web

#6

The biggest take-away for me is that we are changing the way we do... pretty much everything. Two things I noticed: 1. There is a big shift towards convenience and broader participation. 2. An increasing proportion of our activities are conducted through smart phones and tablets instead of going somewhere or using a device specifically designed for a given purpose. Many activities are becoming "just another app" and…

The "cautionary" message appears to be more political than anything else. The extrapolated line for "entitlements and interest" is almost identical to that of Paul Ryan's budget and groups things like Social Security-- which those receiving it PAID for-- as "entitlements".

Re: Mary Meeker’s eye-popping annual Internet Trends report hits the web

#7
post #6

The biggest take-away for me is that we are changing the way we do... pretty much everything. Two things I noticed: 1. There is a big shift towards convenience and broader participation. 2. An increasing proportion of our activities are conducted through smart phones and tablets instead of going somewhere or using a device specifically designed for a given purpose. Many activities are becoming "just another app" and…

The "cautionary" message appears to be more political than anything else. The extrapolated line for "entitlements and interest" is almost identical to that of Paul Ryan's budget and groups things like Social Security-- which those receiving it PAID for-- as "entitlements".

It is, basically. The "entitlement" framing is a republican trope at this point; it's designed to make it sound like we're handing out cash to people who don't deserve it. If you relabel it "Medicare" and "Social Security" (concepts that are more familiar to the reader and thus make the graph easier to interpret) people tend to view it as worthwhile spending.

Likewise the revenue numbers look a little spun. They appear not to be including the near term bump due to the expiration of the 2001 tax cuts.

Re: Mary Meeker’s eye-popping annual Internet Trends report hits the web

#9

The biggest take-away for me is that we are changing the way we do... pretty much everything. Two things I noticed: 1. There is a big shift towards convenience and broader participation. 2. An increasing proportion of our activities are conducted through smart phones and tablets instead of going somewhere or using a device specifically designed for a given purpose. Many activities are becoming "just another app" and…

The flipside of this is: how much Internet in our lives is a good amount? To get a look at internet usage "from the outside", Paul Miller (on of The Verge's top editors) has quit the internet and will write about his observations for one year. The articles he's written so far are fascinating, and he's just getting started. http://www.theverge.com/label/offline I recommend reading them in chronological order, from the bottom.

Re: Mary Meeker’s eye-popping annual Internet Trends report hits the web

#10
post #6

The biggest take-away for me is that we are changing the way we do... pretty much everything. Two things I noticed: 1. There is a big shift towards convenience and broader participation. 2. An increasing proportion of our activities are conducted through smart phones and tablets instead of going somewhere or using a device specifically designed for a given purpose. Many activities are becoming "just another app" and…

The "cautionary" message appears to be more political than anything else. The extrapolated line for "entitlements and interest" is almost identical to that of Paul Ryan's budget and groups things like Social Security-- which those receiving it PAID for-- as "entitlements".

While I agree that it's hard to have a real discussion about SS or Medicare without people sensationalizing one side or the other, the math is very real and the consequences are already here.

SS is bleeding out right now with a negative annual run, and will get worse every year for at least the next 20 years. There is no SS trust that we can tap into. It's all going to come from Fed monetization.

By the time this decade is out, SS will be running a negative $100+ billion per year cash flow. We were supposed to have eight more years of surplus than what we did, that didn't happen.

http://www.factcheck.org/2011/02/democrats-deny-social-secur...

It's also worth pointing out that we're taking on over $5 trillion per year in new liabilities that we don't have the cash flow to pay for, when you count debt + entitlements that have to eventually be paid for.

http://www.usatoday.com/news/washington/story/2012-05-18/fed...

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