big apple. in the next decade the capital will continue to grow. last year it was like a hundred new york city based companies that acquired $1.8 billion. it's just the beginning. if you think about san francisco and new york, the future couldn't be brighter because tech business is where the business is where people want to go. if intellectual capital is what your business requires, i don't think you can find two cities in the country that can provide that better than san francisco and new york. in new york we work very hard to bring universities like the university you have here just south of here that is so known for creating the world that we live in today. we are trying to bring that to new york and we have the cornell university, one of the great ivy league schools opening a graduate campus. it's not for

undergraduates, right in new york city and they are bringing technology and cornell and it interest. it's really a powerhouse that will create jobs that we are already getting and columbia is also expanding there. engineering school is doubling the size of it and nyu is collaborating with overseas universities and we are attracting the big companies. google has a block square building and microsoft has similar to that. everyone of these companies are opening in new york city and not just opening sales office, they are opening development offices and in the same thing coming in this direction. you want to be in a place that is fun, that is diverse, and that's challenging. and i come back to

the same thing here in this city and my city are going to be major game changers in the world economically and academically for years to come and they are going to add to the pool of sophisticated talent generate new jobs and economic activity. we have to figure out how the other cities are losing hope. we are a country of equal opportunity and not equal results. we have to make sure people have the ability to move up an share in the american dream and that means being self sufficient and having the education that you need to understand the issues and participate. when it comes to tech, we have a government in new york city that gets it.

we have a group of business innovators and we have city data available to software developers and starts grow and constantly working to matchup investors with tech start ups in our city. city has itself a jobs developer and we've got a chief data analytics officer whose job is including combatting mortgage fraud and stopping prescription drug abuse and things like that. you wouldn't think of technology being useful but in this day and age it is. we have a mayor that road in the taxi in the first bloomberg summit in october. i'm a good customer and everybody was watching. so we look forward to seeing you

in new york city and once again, thank you for your hospital. you have done a hell of a job. thank you for everything what you have done. you have made this country what it is. [ applause ] i think we'll take some on topic questions for the mayors. >> how do the summit expand engineers about the summit? >> people will go where they think there is a challenge and if companies want to be where the people they can employ, where they want to live. both of us have the responsibility of making it exciting cities but then you have companies that will come. once you get

the momentum behind you, it's easy to do it. any meeting like we are having gets the best and brightest and when they come, they get publicity and ideas that they want to use. >> i think the exciting part is to identify the role of technology that everybody is not familiar with. we know that technology in businesses is valuable, but we are talking about the other jobs that technology sustains and that means how does it affect our tourism, health care, education, those areas. i think every city is going to have their ears open very widely and even send reps to gain this kind of connection and learn how to attract this technology to their cities. we've always

been very open to assist other cities and create that relationship. >> it gets your interest and you around the world because they tell their families and it brings knowledge in our cities and knowledge of the world that has built products in the marketplace in your country. all of that works. kids in particular, want to come to places that are environmentally responsible that challenge you and give you lots of opportunities to live side by side with other people that have new ideas, different ideas, and that sort of thing. that's what i have always loved about san francisco. it is a dense city, not as much as city

of new york. that gives you a chance to have a life experience 24/7, not just during your business day. >> other questions? >> a specific problem -- i'm wondering [inaudible] are there specific problems that you are looking -- is it a problem? [inaudible] >> we have so many problems to solve. just the other day, for example, we were trying to figure out how do we get even a better preparation in our neighborhoods for the expected earthquake disaster we are having in the city and along comes a whole bevy of coming in this economy that affects the management and the host company that is start ing in san

francisco that want to plan with us and not wait for a disaster to hit and then find out that we could have accessed many people. that is helpful for the mayor to search for more partners and get ready and be more excited about recovery. when you look at what happened in new orleans and all the victims of tornados. they always tell you they could have been more ready for this had they engaged people ahead of time. this is what we are doing to improve these changes. if the economy gets hit by a major earthquake, that's an incredible hit to the rest of the country. we have to invest a lot more. that is one example of how we can use a lot more technology companies helps us with things that have

challenged our cities. >> the likelihood of an earthquake is less than out here, although i have lived in city hall, working there one day when the building actually shook. it was the first that i noticed. everything did shake a little bit. it wasn't particularly frightening. right now we are trying to figure out what to do the next time there is something like hurricane sandy. yesterday i gave an hour speech, i'm sure everybody listened to every word. i was doing a speech on a 140 page book we listed on the plans that we can do to make our city more resilient. in our case we worry because we are on the atlantic coast and you have a lot of hurricanes coming off the coast and the forecast. oceans have risen a foot in the last several years and then another 2 1/2 in the next 50

years. the oceans are warmer so we would expect more storms and we have to be ready for that. we have 450 miles of coastline in new york city. we have a lot going up the rivers and we need a lot of technology to figure out how to protect from waves, from high water, from winds and that kind of thing. we have a potential because we live so densely of power out acknowledges. we have to be able to recover those. we are dependent on power. if you live on the top of an apartment building, you don't have power and you don't have water. that is a very big problem. we have thousands of people living in public housing. there is a number of hospitals that we've had to evacuate a number of them because they had their generators on the roof but they had all the infrastructure in

the basement and without power, they couldn't function either. >> what are you doing to help out the -- [inaudible] >> they are going to encourage to operate -- >> we had an injunction, let me step back. regulated industries are typically, the regulation is used, the industry and the government complicit in trying to stop disruptive technologies because they want to protect what they regulate and the regulation becomes a crutch for

the industry. when you come along as something simple as being able to use your cellphone to call a cab, people who already have this service, don't want that because they control it and they dispatch their cans -- cabs and they want revenue. we have two systems of cabs. yellow cabs only work in manhattan south of 9th street. there is no other reason to hail a cab in the other burrows. we have allowed for the rest of them to puck -- pick up in the rest of the city. the industry sued to stop us and the judge ruled in favor of the industry and the high court unanimously through out

the judges decision and we are going ahead to selling medallions to yellow cabs and the other cabs in the other 4 1/2 burroughs where you can call them. the service is going to be much better. we have basically in new york city in the last month added two totally new transportation systems. cabs for 80 percent of the people didn't have it and bicycle share which is going to be phenomenally possible. these are not subsidized by federal city government. they are customized for every neighborhood. we have the public is a lot better off today than back then, but it's

the old entrenched industries that try to shield the government regulation and try to get the local level on their side to protect the kind of competition that benefits society in the kind of competition that you and your business and everybody else in this room lives with everyday. in san francisco, as you may have heard, board president david chiu and i have shared an economy task force to fair out as much about the industry. we have a bicycle sharing starting this year. finally, how do you like those green bike lanes on market street. aren't they well painted? scooter sharing, car sharing is obviously with our dna for some time. but it's lead to new industries being treated. we want to have people have a chance to talk about what they are going to do

before regulators say no. we have to have a chance to understand what this business is and as mayor bloomberg said, we are america and this is where competition is and customers are going to tell us what they want to have either the kind of service they have. i think that's the ultimate freedom to be able to do that. this is going to allow us to do that and this isn't just regulation but the movement of the business is to create new jobs and bringing a lot more people to the economy. these new industries are reflective of something that we are not aware of, but it's been going on for a long time. you talk to the pharmaceuticals in mission bay, they have been doing this for a long time to get their

drugs faster. i often cite that as being part of this very spirited effort to get much more of a sharing attitude about what we are doing, in addition to the things we just talked about in terms of emergency preparedness. >> anything else? >> who do you expect to be attending these summit meetings? >> we'll think about inviting. [ laughter ] >> anyone like the city representatives? >> people that are interested in advancing their economies or creating businesses or working together and the jack dorothy and the mayor, that's the kind of person you want to have there. we also like them to come to new york and spend money in our restaurants and stay in our hotels, pay taxis.

so, it's an exciting thing. any of these events. there is a collateral benefit and the people go home and say i didn't know that city was fun, affordable and friendly. that's the best kind of advertising you can possibly have. >> i also think that your education leaders might want to come or your health care leaders might want to understand where technology is and people working in any city might want to have this understanding because i think it's not just the technology businesses. it's their link to the rest of the way you make a successful city in this country and that means education, health care, infrastructure and arts and culture. that blend helps a lot of companies in san francisco help market some of these products.

>> i think also i'm going to say congratulations to you. we want you to come to new york and do that for us. >> thank you, everybody. thank you for having us in your city. [ applause ] >> i love teaching. it is such an exhilarating experience when people began to feel their own creativity. >> this really is a place where

all people can come and take a class and fill part of the community. this is very enriching as an artist. a lot of folks take these classes and take their digital imagery and turn it into negatives. >> there are not many black and white darkrooms available anymore. that is a really big draw. >> this is a signature piece. this is the bill largest darkroom in the u.s.. >> there are a lot of people that want to get into that dark room. >> i think it is the heart of this place. you feel it when you come in. >> the people who just started taking pictures, so this is really an intersection for many

generations of photographers and this is a great place to learn because if you need people from different areas and also everyone who works here is working in photography. >> we get to build the community here. this is different. first of all, this is a great location. it is in a less-populated area. >> of lot of people come here just so that they can participate in this program.

it is a great opportunity for people who have a little bit of photographic experience. the people have a lot, they can really come together and share a love and a passion. >> we offer everything from traditional black and white darkrooms to learning how to process your first roll of film. we offer classes and workshops in digital camera, digital printing. we offer classes basically in the shooting, ton the town at night, treasure island. there is a way for the programs exploring everyone who would like to spend the day on this program.

>> hello, my name is jennifer. >> my name is simone. we are going on a field trip to take pictures up the hill. >> c'mon, c'mon, c'mon. >> actually, i have been here a lot. i have never looked closely enough to see everything. now, i get to take pictures. >> we want to try to get them to be more creative with it. we let them to be free with them but at the same time, we give them a little bit of direction. >> you can focus in here. >> that was cool. >> if you see that? >> behind the city, behind the

houses, behind those hills. the see any more hills? >> these kids are wonderful. they get to explore, they get to see different things. >> we let them explore a little bit. they get their best. if their parents ever ask, we can learn -- they can say that they learned about the depth of field or the rule of thirds or that the shadows can give a good contrast. some of the things they come up with are fantastic. that is what we're trying to encourage. these kids can bring up the creativity and also the love for photography. >> a lot of people come into my

classes and they don't feel like they really are creative and through the process of working and showing them and giving them some tips and ideas. >> this is kind of the best kept secret. you should come on and take a class. we have orientations on most saturdays. this is a really wonderful location and is the real jewel to the community. >> ready to develop your photography skills? the harvey milk photo center focuses on adult classes. and saturday workshops expose youth and adults to photography classes. all right. thank you all

for being here today to commemorate this beautiful new strut. -- street. this is a wonderful area of san francisco and we are happy to mark this completion of this project. what a great new place for the city of san francisco. i'm mohammed, from the dpw. you think of places that are inviting, welcoming, spacious, contemporary, while maintaining it's heritage. you think of easy access for visitors to enjoy themselves and make plans to come back again. fisherman's wharf is a world class destination spot. today it is

even better. there have been lots of hands-on this project, many many hours and meetings to put together. besides the strategies for making it work here, creating an updated top notch public space. these improvement were driven by the fisherman's wharf community. without the support of all the businesses here, we wouldn't be standing here today. today we have the opportunity to recognize the individuals and groups who played a part and then we'll officially reopen this beautiful vibrant new corridor. now, i would like to introduce our first speaker. you know, our mayor has earned a reputation as a leader who brings people together and gets things done. as a former city

administrator, he gets it. all the city infrastructure is paramount in creating jobs. our mayor is a great coordinator of these complex projects. the dozens of departments and community groups and businesses that are lending their time to give input. when you have someone who cares that much and dedicated to fostering a collaborative networking environment, public spaces get done. they get done in a timely manner and the city gets to reap the benefits for many many years. we are glad he's here today, ladies and gentlemen, please welcome our mayor, mayor ed lee. [ applause ] >> thank you, muhammad.

>> well, truth be told. somebody said, mayor, it's a sunny day. would you like to go down to celebrate something and it's in front of an ice cream parlor. of course i said yes. you know, i have to count. it's june now. it's middle of the year. i think we are part of the 5 million 500 thousand. that's the midway point because every year fisher man's wharf has over 10 million visitors. [ applause ] . we know there is a good connection as to why. there is a connection to our city's infrastructure as to why people want to visit fisherman's

wharf. thank you and the merchants association for putting together a fantastic six year effort of collaborating with public works and making sure landscaping was able to do it's job so i can have my ice cream cone today. it takes a huge amount of effort to do this, but we are doing it right. we rushed it and i know supervisor and board president david chiu, he knew that we had to get this done for our great celebration this year which is america's cup. that forced us to have this exciting first phase done. we will talk about a second phase later. i know supervisor chiu

is going to welcome you all to his district. he's working very hard with me. we meet every week and he is constantly reminding me about the second phase of this and that, all the investments we have to make. i have already heard it, three times in fact last month and we are working together for the next phase. we have to take this moment to celebrate because without this recognition of how we got here already. it shouldn't take six years but it did. i need to thank a lot of people for that effort. six years of planning with the planning department and working out so many inclusionary meetings with everybody to make sure all of our agencies, the mta and office of economic development and the staff have been wonderful, but it takes a long time for something ed