This document discusses the evolution of the web and mobile technologies from the 1970s to the present. It predicts that by 2014 there will be 1 billion smartphones connected to an "open mobile" system. The next phase will focus on local, mobile and social (#LoMoSo) technologies which could have a 10x impact at 1/10th the cost and 10x faster speed. Opportunities exist in mobile data, biometric sensors, location services, and mobile applications.