China is becoming more urbanized by the decade, however, along with the economic prosperity that comes with this boom also introduces the problematic situation of overcrowded streets and a harmful gathering of pollutants in the air, all affecting the daily livelihood of the people of China. Elon Musk, founder of the Tesla presented the idea of having in America an underground system for freight transport, a bold but potential necessary system for the near future. The obstacles are steep and the logistics of just beginning the project pose a hurdle, in addition, the acceptance of the underground logistics will be another beast to face when the time comes to present it to the country.
JD.com, China’s largest retailer has announced a similar venture this year at the 2018 Global Smart Supply Chain Summit in Beijing. JD.com is no stranger to the field of innovation. JD.com operates some of the first unman convenience stores in the country along with the implementation of self-sustained distribution warehouses and robotic delivery systems. This would be a sub-feature to the larger pursuit of establishing an Urban Smart Logistic Institue run by some of the top universities in China such as the Beijing Wuzi University and Shanghai Maritime University.
The first sector of this plan to be researched is to determine if present subterranean tracks and underground corridors can sustain the type of logistic system JD.com is planning to implement.The goal here is similar to that of Elon Musk’s vision of an underground logistics corridor in where JD.com is seeking to increase efficiency in their delivery services in addition to decreasing the impact of their a logistical systems that cause harm to the environment, which leads to it becoming a nuisance on the citizens. Many highly respected professors have hailed the ideas as innovative and much needed if the progression of China is to continue.
Shervin Pishevar has emerged as one of the foremost venture capitalists in Silicon Valley. His firm, Investment company, has provided the critical early financing for a wide variety of famous startups. Some of the companies that Shervin Pishevar has helped to get off the ground include Airbnb, Uber and Virgin Hyperloop. As an entrepreneur in his own right, he has also founded companies like Social Gaming Network, Ionside and WebOS.
On what little spare time he has, Shervin Pishevar regularly takes to Twitter. His account is followed by more than 100,000 people, making him one of the most influential thought leaders in the tech world. When Shervin Pishevar speaks to his Twitter audience, he can often expect to have some of the most renowned figures in the American elite hanging on his every word.
Recently, Pishevar engaged in a 21-hour tweet storm in which he explored a wide variety of topics. One of those topics is the mystery of where inflation has gone since the 2008 financial crash. Pishevar believes that inflation has simply been hidden. Normally, in an environment of ultra-low interest rates, inflation would begin to appear. But this has been largely absent from the U.S. economy. Pishevar believes that the inflation hasn’t actually disappeared. Instead, it has simply been displaced.
One area in which Pishevar says that the displaced inflation that normally would have appeared in the U.S. economy has gone is to higher wages in global manufacturing centers. He says that the opportunity for American industry to continue arbitraging low wages in places like Asia is rapidly closing as pay rates across the region spike to levels never before seen. Pishevar says that the short-term results of this may largely seem positive, with many companies being forced to repatriate their operations to the U.S. mainland. But he also warns that, long term, the limit of these processes may see a roaring comeback of high levels of inflation in the U.S. economy. Pishevar believes that it is fully possible that we may see inflation levels that haven’t appeared since the early 1980s. And that could wreak havoc on the financial markets.