The rise of the smartphone era has made losers of long-time winners in personal computing while making winners of new entrants.
Case in point. Here’s what the market share decline of Microsoft, once the dominant force of personal computing, looks like over the last seven years.
And here’s a visual representation of how quickly Facebook has built a $10 billion business in mobile ads.
But big changes are on the horizon in mobile and Andreessen Horowitz partner Benedict Evans laid them out in a sweeping presentation at Re/code’s Code/Mobile conference at the Ritz-Carlton in Half Moon Bay, Calif., on Wednesday afternoon.
You can see the full presentation in the video below:
Here are a few more nuggets from the presentation.
Smartphone prices are dropping, meaning a vast majority of adults in the world will own one by 2020 …
Access to smartphones has become more important in poorer parts of the world …
Which has helped spur ridiculous smartphone sales increases compared to the PC’s best days.
Follow the #CodeMobile hashtag on Twitter for more gems from the presentation and the conference over the next two days.
This article originally appeared on Recode.net.