Shervin Pishevar let loose a Twitter storm that had some serious, and at times dire, predictions in it. In addition to the predictions, the Twitter storm held some analysis of current situations, particularly in the market, as well as of nations. While some of his predictions may not come true, simply due to the rather unpredictable nature of the market itself, some assertions that Pishevar made might actually hit the mark. Below are some of these assertions made by Pishevar.
Globalization of Talent
In his tweets, Pishevar deals with the tech industry for quite some time. Part of his assertions about the state of the tech industry, particularly dealing with Silicon Valley, is that there is a major shift occurring. Part of that shift, in Pishevar’s mind, is that Silicon Valley is no longer a physical location but an idea.
As an idea, the ethos of Silicon Valley can be transplanted and developed anywhere in the world, not just in the USA. Shervin Pishevar also makes the point that since Silicon Valley is more of an idea now, talented people no longer have to come to the USA, as this idea is without borders.
This analysis of the tech/entrepreneur space is an interesting one and may prove to be true, if not proven already. Markets around the world are becoming enormous and may not slow down. There are certain countries that pose a significant challenge to the USA, particularly in Asia. Only time will tell how these competing market forces will move forward in the future.
Institutions Becoming Irrelevant
This is perhaps one of the boldest and far reaching assertions that Shervin Pishevar makes throughout his entire tweet storm, simply due to the enormity of it. That being said, Pishevar’s logic may not be that far off. The idea is that institutions, both government and financial, are in danger of irrelevance due to digital currencies that are not associated with any state. The idea is that with this type of currency, middle-men can be cut out and there can be a more frictionless economy.
While this may be quite a claim, Shervin Pishevar may not be far off, as the power and potential of the Internet expands more and more. As with the previous claim, however, only time will tell.