Since the aftermath of World War II, the United States has enjoyed a comfortable position atop the world economy, often acting as a leader in all things tech and innovation oriented. This innate innovation has been regarded as the American way, but in Shervin Pishevar’s estimation, this school of thought has exited the halls of Silicon Valley and made its way to the forefront of global culture. Countries such as China are now hotbeds of competitive innovation, as American entrepreneurship has penetrated world society. Innovative companies around the world no longer need to have a physical location in the United States in order to flourish, and many important entrepreneurial minds are staying put in their countries of origin. This is just one of the topics that Shervin Pishevar waxed poetic on in his return to social media, which saw him break a two-month hiatus from the public sphere. Taking to Twitter, Shervin Pishevar unleashed a succession of noteworthy posts aimed at a number of issues that, should they come to fruition, will have crucial implications for the future of the United States.
In his 50-tweet tirade, his views regarding the future of the American financial system took many by surprise. In his opinion, stateless digital currencies will eventually render our traditional banking and governing institutions obsolete, and with the rise of cryptocurrencies such as Bitcoin, this seems wholly possible. While the fluctuating nature of Bitcoin and its price has left many investors on the fence regarding its role in the future of the world economy, Shervin Pishevar is of the belief that the leading crypto will eventually correct itself, seeing its value once again rise over the next two years. If he is correct, this will prove to be an instrumental turning point in the life of the average American, and he is describing this movement as a “tectonic shift.” Much of America’s slack can be attributed to the government’s short-term thinking, according to Mr. Pishevar, which has led to a number of major issues facing the US, including the decaying status of our infrastructure, to go uncorrected for decades at this point.
One of the most amazing startups of modern times is Uber. It became a seemingly overnight success. The journey was not easy. It needed to contend with centralized economic practices that were opposed to its business model. Success was achieved amidst a modern business environment that tends to create monopolies. There have been bad times amongst the good, but the team at Uber remained determined. They succeeding because of their unique approach to providing transportation at a premium. It is no surprise that Shervin Pishevar highlights their achievements when discussing the issues facing the economy today.
Of the small business startups that US monopolies have stifled, Shervin Pishevar believes only Uber survived with an edge on the competition. This is a profound statement because of the immense influence technology monopolies have on the global economy. Uber grew beyond expectations. Today, it challenges an established taxi system that permeates cultures throughout the world. It was not an excessively funded enterprise. Rather, it steadily grew to become a dominant influence upon the transportation industry.
Not all the news has been good. As Uber grew, it began to invest in innovation. One of these was self driving cars. This is an eagerly awaited innovation that expects to become more common in the near future. Unfortunately, an Uber self driving car killed a pedestrian. This negative press will haunt the company for some time.
Uber valuation has taken a major hit. Its competition is formidable. Yet, the Uber team, who persevered from the beginning, remain confident. It would not be surprising if the company shows significant expansion within a few months. Uber has made a practice of beating the odds. Maybe it is part determination and part foresight. In any regard, Uber, like Shervin Pishevar, believes in enterprise over conformity. This is how to survive in life and business.
The team at Uber demonstrates the impact of a good idea. Its business model is so simple, and yet, so effective. Shervin Pishevar recognizes how Uber followed their inspiration while skillfully navigating around centralized business models like the taxi medallion system of New York City.