Shervin Pishevar is well known for identifying trends early on, which is why he is an early investor of a large number of tech companies. He recently took to Twitter with a total of 50 tweets, spanning 21 hours. This was later identified as a tweet storm.
He had a lot to say about monopolies and what they are doing to the United States.
In tweet number 42, Shervin Pishevar identified that there are five US monopolies that have been significantly empowered. These include Facebook, Microsoft, Amazon, Apple, and Alphabet. These have stemmed out of Silicon Valley and have too much power. Shervin even goes as far as identifying that they are similar to Ma Bell in terms of the power that they wield. In some instances, they are even more powerful because of the access to data that they have.
What the Monopolies are Doing
Shervin Pishevar warns that the monopolies have significant power. They have the ability to destroy vulnerable startups before they even have a chance to get started. Further, there are cities around the United States that are begging for Amazon to be within their areas.
The various monopolies will have the ability to destroy startups, making it more difficult for new businesses to enter the marketplace.
While Shervin Pishevar does not provide a solution as to how to remove the power from the 80s monopoly is, he references Ma Bell once again in tweet 44. Once Ma Bell was broken up, it unleashed a number of companies which ended up being what was best for consumers. The same can be said about all of the other monopolies currently taking place across the United States. See This Page for additional information.
It should come as no surprise that Shervin Pishevar had opinions on the monopolies in the U.S. With over 90,000 followers, his comments were heard loud and clear, too.