The internet is buzzing about Mary Meeker’s just-published 340-page report, Trends—Artificial Intelligence (PDF). If you’re not familiar with Meeker’s work, you should be. She’s VC royalty, having led the IPOs of Netscape and Google. Her annual Internet Trends Report (last published in 2019) was required reading for tech investors for decades.
The 2025 Meeker report is mostly data and charts about AI: user growth, GPU CapEx, inference costs, model convergence—you name it. Because the report is so huge, the internet is full of summaries and hot takes, but unfortunately they’re all pretty generic. (“Hey ChatGPT, summarize this PDF.”) I read the report through the lens of what this means for the future of knowledge work and the workspace, e.g. the topics I’ve been exploring in this blog: the messy, real-world knowledge work done in desktops, browsers, and SaaS apps, mostly by humans, but increasingly with AI help.