The world is in the middle of the fifth major technology cycle of this past half century.
- The 50s and 60s were the mainframe era.
- The 70s were the mini-computer era.
- The 80s were the desktop Internet era.
- The current cycle we’re in is the mobile Internet era.
Mary Meeker of Morgan Stanley said this about mobile computing:
Within the next five years, more users will connect to the Internet over mobile devices than desktop PCs.