The document discusses how the technology industry is undergoing a major shift towards a "third platform" of innovation built on mobile devices, cloud services, big data analytics, and social technologies. This shift represents an "inflection point" where the old model becomes obsolete and a new model of innovation emerges. The convergence of trends like declining experimentation costs, social networks, crowd-sourcing, big data, and artificial intelligence are enabling more people to collaborate and innovate in new ways, representing a major opportunity for nonlinear growth at the start of this inflection point.