>> 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 ]

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