Shervin Pishevar says Big Five tech monopolies are now more powerful than Ma Bell

When Ma Bell was finally broken up, the company had attained such a level of power that it had become the new metaphor for corporate monopoly and abuse of power. But today, many are comparing some of the Big Five tech monopolies to Ma Bell at its peak. And some analysts are stating that some of those modern tech monopolies not only have more monopolistic power than Ma Bell ever did but that they completely dwarf the power of the former telephone monopoly.

One of those people is Shervin Pishevar. Shervin Pishevar is one of the most successful venture capitalists in Silicon Valley today. He is the CEO and founder of Sherpa Capital and has been active in the formation of various tech companies throughout the last 20 years. Some of the companies that Shervin Pishevar has helped to form include Virgin Hyperloop, Social Gaming Network and Uber. He was also a founding principal in Airbnb, one of the most popular room-booking and home rental services in the world.

But Shervin Pishevar has garnered perhaps more attention from his often-controversial but always insightful analyses that he shares with the world through his Twitter feed. With more than 100,000 followers, Shervin Pishevar is one of the most influential thinkers in the world of tech.

Pishevar has repeatedly warned of the dire threat to competitive viability that having such large and powerful tech monopolies poses. But in a recent tweet storm, he went even further. Pishevar stated that the power that companies like Google and Facebook have acquired is utterly unprecedented in human history. He points to the massive stores of data that both of those companies have collected on the habits of every individual that has ever used them. Pishevar says that the data and the analytic capabilities that those companies have make them truly dangerous to the privacy of every citizen. But he worries even more about the potential for serious abuse of that power in the future.

Pishevar says that breaking up these information-technology companies has now become an important step in ensuring the continuation of a functioning democracy. With a monopoly on information, including personal information, these companies could seriously undermine civic functioning.

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The epic tweet storm from Shervin Pishevar

The economy has boomed in the last 10 years. The great recession brought millions of investors down to earth, but most people have forgotten about it. The market has more than doubled and has grown even more since the 2016 election. This may seem like brilliant news, but many investors are waiting on the imminent collapse. Investors throughout the globe have started paying attention to every expert they can hoping to save themselves from millions in losses. One expert worth keeping an eye on is Shervin Pishevar.

Shervin Pishevar is a brilliant man. He founded Investment company several years ago and led the company to incredible success. He has since left the company, but recently he posted fifty brilliant tweets that have left investors reeling.

Twitter has become an incredible tool for investors to share their thoughts. Pishevar wanted to warn people of a coming “financial storm. During his tweet storm, he projected a 6,000 point drop in the stock market in the coming months. This alone should prepare investors for the worst, but the market sector he sees as weakest is especially foreboding.

Shervin Pishevar sees every part of the market taking a hit, but he feels the bond market will be weakened the most by this. Bonds have often been used to fuel growth in a recession, but he believes bonds will crash. This will weaken major currencies throughout the globe causing unemployment and inflation. Additionally, this will cause people to flee to stores of value. Gold will rise in response to inflation, and while Bitcoin should drop in the short term in the long term it will rise as well. People will be looking for any way to successfully store their money.

In addition to a stock market drop, Shervin Pishevar foresees major changes to Silicon Valley. The tech sector is beginning to decentralize and countries around the globe should compete for these innovators. San Fransisco and the United States, in general, could be in trouble if they aren’t ready to compete.

People should be ready for a major shift in the market. Smart people should pay attention to Shervin Pishevar’s words.

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