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Many of the companies in the mobile location space are trying to figure out different ways to tie what they're doing to commerce.

A broad trend I'm completely obsessed with is mobile commerce. Like completely. I'm completely convinced that everybody's going to be buying from their mobile devices. Whoever can claim that space or be in that space, I'm very interested in.

The mobile business in particular is something we must take seriously. I see tremendous prospects for all those transactions that can be handled on mobile phones.

One of the really fascinating areas is marketplaces that take advantage of mobile devices. Ridesharing is the obvious example, but that's just the start of it, of selling goods and services with lightweight mobile apps.

Inexpensive phones and pay-as-you go services are already spreading mobile phone technology to many parts of that world that never had a wired infrastructure.

A factory-installed security measure - one that phone owners would have to opt out of, rather than opting in - could automatically render purloined devices inoperable on any network, anywhere in the world. No resale value, no thefts.

The mobile Web, location-based services, inexpensive and pervasive mobile apps, and new sorts of opportunities to access cars, bikes, tools, talent, and more from our neighbors and colleagues will propel peer-to-peer access services into market.

It's very possible that advertising business models will simply never do as well on mobile devices as those oriented around transactions.

Many small businesses are running entire businesses from a mobile phone.

Mobile is the perfect example of what is enabling economic growth in the technology sector.