The early Uber investor and technology expert, Shervin Pishevar has recently caused a storm because of a 21-hour Tweetstorm taking in a range of subjects. Pishevar was criticized by some for his stance on a range of subjects but has been proven correct in many of his assertations regarding the future of the U.S. One of the major subjects discussed by Shervin Pishevar was the U.S. infrastructure which the associate of President Obama believes is a sign of a declining economy.
The advances made by other nations were the subject of many of the later Tweets from Shervin Pishevar as he discussed how the U.S. had fallen behind technologically advanced nations like China. Pishevar painted a dark picture of the U.S. economy at the end of the second decade of the 21st-century with the government mainly to blame for these issues. Upon discussing the infrastructure of the U.S., Shervin Pishevar explained the Chinese had recently constructed an entire train station in just nine hours. This compares badly with the problems Pishervar and his team at Virgin Hyperloop who are struggling to get their cross-country rail link off the ground.
Shervin Pishevar believes the U.S. is lagging behind because of a lack of governmental regulation over technological issues and a large amount of short-term thinking. The short-term nature of the thinking of local and Federal agencies has been shown by the failure of all agencies to take advantage of the extensive antitrust laws in the U.S. that halt the rise of monopolies across the nation.
The failure of U.S.-based investors to see the potential in the newest technology companies has been shown in the ridicule thrown towards Pishevar’s business partner, Elon Musk. Both SpaceX and the Virgin Hyperloop project have been ridiculed by investors and the media because of the short-term thinking that has become the norm for many. Shervin Pishevar believes the tide will turn away from the current top five giants of U.S. technology towards innovators like Musk in the coming years.