Each year Kleiner Perkins partner Mary Meeker summarizes the most important digital trends and the state of the web.

In this year’s presentation she goes the extra mile including a fascinating section on the Re-Imagination of Nearly Everything (starts at slide 29) which illustrates how technology has disrupted the media and how we communicate.

The main takeaway is the dramatic shift to mobile and how media companies like Google, Facebook and other still haven’t found a meaningful way to monetize the mobile experience.