The document summarizes statistics about internet usage globally as of 2014, including the number of mobile devices, smartphones, internet hosts, and users. It then outlines some of the technical evolutions of the internet over time, such as the increasing usage of IPv6 and internationalized domain names. It discusses implications of the internet in 2014, including the rise of mobile access, image and data sharing, augmented reality, location tracking, and social networking, as well as challenges around privacy, political issues, cybersecurity and more. Finally, it raises examples of internet policy challenges and the potential role of organizations like the World Bank in supporting internet infrastructure development and policy.