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But wait, shouldn’t we fear that the same old big, bad corporate behemoths will dominate the mobile Internet marketplace? The second slide down below explains why such pessimism is unwarranted. True, every generation has its share of large operators in each sector, but Meeker and Murphy’s depiction of “Technology Wealth Creation / Destruction Cycles” over time illustrates why high-tech markets are far more dynamic than critics suggest.

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I hope those folks are still willing to listen to facts, becuase those facts tell a very different story. Specifically, I invite critics to flip through the latest presentation by Internet market watchers and Matt Murphy of Kleiner Perkins Caufield & Byers on “” and then explain to me how we can label this marketplace anything other than what it really is: One of the greatest capitalist success stories of modern times. Just about every metric illustrates the explosive growth of technological innovation in the U.S. mobile arena. I’ve embedded the entire slideshow down below, but two particular slides deserve to be showcased.

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