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Shervin Pishevar Anticipates Dark Future for US Economy and Institutions

In early February 2018, some dark predictions were made for the US economy, government, big businesses, and other institutions. Shervin Pishevar voiced his concerns on Twitter, sending out 50 separate points that mostly focused on the reasons why there are unstable conditions in the United States and why conditions will get worse before they will get better.

 

Shervin Pishevar said that in order for everyone to enjoy a global economy that is frictionless and more efficient, middlemen need to become irrelevant. He has often talked about having a more transparent society without bottlenecks on innovation.

 

Shervin Pishevar is an entrepreneur and super angel investor. One of the companies he is most well-known for is his startup Hyperloop One. The idea for this company came from Elon Musk. Its focus is creating a transportation system that can travel at high speeds and will not create pollution. He is also a member of a committee that has the responsibility of deciding who will receive Fulbrights every year. It seems like he has a knack for predicting the future, especially when looking at how he predicted the crisis Facebook would go through.

 

Part of the 21 hour Twitter storm unleashed by Shervin Pishevar focused on institutions, both governmental and financial, that he feels are facing a reckoning of irrelevance. He feels that this irrelevance is going to come as a result of a revolution in digital currencies. Nowadays, startup companies have a variety of digital currencies and methods of fundraising to choose from. He feels that this is something that will spur the economy onward.

 

Shervin Pishevar anticipated negative things for big companies in the United States, particularly Google, Amazon, and Microsoft. At best, he feels like they will lose their influence. At worst, he feels like these big companies may completely fall. Their ability to buy out the competition gives them the power of nation-states. However, Shervin Pishevar feels that this is something that can cause the entire system to fail. He explains that it is just the way evolution works. A forest fire burns old trees and makes way for new ones.
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