If you don’t take our word for it, listen to the MD of Morgan Stanley. Meeker gave a presentation at the Web 2.0 Summit in SF and outlined her view of the world. TC summaries it nicely;

• Location-based services are the “secret sauce” of what makes the mobile web interesting.
• The iPhone/iPod touch is the fastest growing piece of hardware the world has ever seen.
• And usage share versus market share of the iPhone is incredible, meaning it will only grow.
• Facebook is becoming the multimedia repository, and it will allow you to do so much.
• Companies absolutely need to be on board with the mobile web. They have some time, but they need to act.

The slide pack is available here.