The Chronicle ran this interesting column about the new SF tech bubble on the front page yesterday (short answer: don’t expect a 2001-style crash … yet). Hidden towards the end was this great piece of advice for the Mayor:
“San Francisco leaders like Mayor Ed Lee should stop taking credit for the growth of an industry that’s growing anyway and focus more efforts on diversifying the local economy and creating jobs for people who aren’t programmers and engineers.”
The way the Mayor keeps cheerleading for every new tech company reminds me of those guys trying to hustle a few bucks by waving cars into empty parking spots and “helping” people park. I mean, come on, this is San Francisco! That’s like “helping” the sun rise.
Just like a car is going to fill that empty parking space on Valencia even if the sketchy dude isn’t standing in the bike lane waving his arm, tech companies are going to fill office space in South Park even if the Mayor doesn’t show up for a press conference.
Hey, Mr. Mayor: how about focusing on some of the other problems in the City? Maybe finding some more money for Muni or Rec and Park, or updating the City’s decrepit technology systems, or getting CleanPowerSF up and running so we can all bail on PG&E, or a hundred other things you could do instead of shilling for another one of your buddy Ron Conway’s new tech companies?