Andreessen: 5 to 7 billion people will own smartphones by 2020
Marc Andreessen · a16z Podcast | Ben and Marc Explain (Practically) Everything – Part 1 · Jan 2, 2019 · at 1:36
Marc Andreessen, co-founder of Andreessen Horowitz, discusses global tech expansion and the arrival of low-cost smartphones around 2014.
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“And this is the thing I've been talking a lot about that people occasionally get angry about, because they think it won't Can't possibly come true, but I'm convinced it's going to come true, which is I think everybody on the planet by the end of the decade is going to have a smartphone. Effectively everybody, almost everybody including in places where it's still hard to get electricity or water. People are going to have smartphones. In fact, the big thing this year is the rise of the 35 dollar smartphone in countries like India and Pakistan that are just exploding in just giant volume. So I think we're going to live in a world by the end of the decade in which there's five, six, seven billion smartphones In people's hands, which means five, six, seven billion people in the world connected to the internet with kind of what we would consider modern tools and technologies and access.”
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