Shervin Pishevar is an Iranian-American entrepreneur, venture capitalist, and super angel investor. He is the co-founder and former executive chairman of Hyperloop One and a co-founder and managing director of Sherpa Capital, a venture capital fund which has invested in companies including Airbnb, Uber, and Munchery.He took to twitter to call for an open and transparent society. Shervin discussed the problems with the way human beings are innovating. Unnecessary volatility is part of the issue. It compounds the current paradigm. At the heart of Shervin Pishevar’s critique is a lack of competition. This can be seen in the differences between an economy that has a small business backbone opposed to one driven by lobbying forces by way of political arenas.
Open information allows all individuals the ability to innovate. Transparency, as cryptocurrencies are showing, help sustain trust. Both aspects are necessary for any life changing innovation. The alternative would be hasty business solutions that go viral. This does not sustain human life. It may allow people to continue breathing, but it does not satisfy humanity’s soul.
Benefits of fad business solutions are also unlikely to reach all areas of the globe. A popular fad will likely die out before those most in need receive their share. Rushing to catch up with popular consensus may also lead to a lot of unnecessary conflict that destroys resources. This is the type of volatility that Shervin Pishevar warned against.
Societies that embrace innovation are preferred. The alternative is being directed by a large company, or government dictatorship, who release new products, rather than meet the needs of consumers. Diversity, instead of bottlenecks, lead to true innovation. Divergent cultures add variety to both life sustaining resources and to new products throughout the world. Incorporating distant geographic areas are important as well. Undeveloped areas, like rainforest populations, can add to modern innovation by providing a unique perspective.
Involving the entire world means using all available human resources. This is a much better solution than an isolated corporation controlling resources of unfamiliar people and living conditions. Corporate cultures often exist to differentiate themselves from competition. Planning to provide benefits through this corporate model is, in effect, taking a blind perspective to innovation. It is a reactionary business model that does not rely upon quality planning. Shervin Pishevar’s call to true innovation touches upon a dire need.
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