Good afternoon. Welcome to the june 9, regular meeting of the San Francisco board of supervisors. Could i have roll call, please. Thank you, mr. President. Supervisor fewer. Present. Supervisor haney. Supervisor mandelman. Present. Supervisor mar. Present. Supervisor peskin. Present. Supervisor preston. Present. Supervisor ronen. Present. Supervisor safai. Present. Supervisor stefani. Present. Supervisor walton. Present. Supervisor yee. Mr. President. All members are present. Thank you. Please join me in the pledge of allegiance. Place your right hand over your heart, please. I pledge allegiance to the flago f america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Thank you. On behalf of the board i would like to acknowledge the staff at sfgovtv who record each meeting and make the transcripts available to the public online. What i would like to do is before we go to communications, and before we get into our special order
Contains on a timely subject that the height of stocks of amazon and google and others and with a broad scope why this book and why now . Thank you for having me by the way. I started this book in 2017. I had just taken a job as a columnist the mandate was to figure out the World Biggest business in opinion form which is a rather large mandate and in order to narrow the funnel, started to look through corporate numbers i saw how well they transition from the Financial Sector to the Technology Sector since a great financial crisis and one number that stuck out was looking at how 80 percent of corporate wealth was being held than 10 percent of the firms. Those were the richest in personal data and intellectual property. You are holding the majority of the worlds corporate wealth and the majority of those are that i profile in the book. Netflix and google. Host there are some overlap like facebook and google with Digital Advertising and apple has shunned advertising and technology. Huber
Stories and uncover them in opinion form which is a rather large mandate. [laughter] in order to narrow the funnel i started looking through corporate figures and i saw from an amazing number of in terms of how the transition from the Financial Sector to the Technology Sector since the great financial crisis and one of the numbers that stuck out was a Mckinsey Global institute figure looking at how 80 of corporate wealth was being held in just 10 of firms and those are the firms that were richest in personal data and intellectual property so basically if you are trafficking in these things you are holding the majority of the worlds corporate wealth and the biggest of those firms were the ones that i profile in the book, facebook, apple, amazon, netflix a little bit and google. They make money, all of them, pretty differently but there is some overlap with facebook and google and Digital Advertising but look at apple and they mostly shunned advertising and look to sell their devices and
Good morning and welcome to the San Francisco county transportation forth. Our clerk is mr. Albertta kintania. Can you please call the role. role call we have a quorum. Next item, please. Item 2, approve the minutes of the december 17, 2019 meeting. This is an action item. Is there any question on december 17, 2019 . Seeing none, Public Comment is closed. Is there a motion to approve said minutes. On that motion made and seconded, a role call, please. role call the item is approved. Next item. Item 3, election of chair and vice chair for the year 2020. This is an action item. Nominations are now in order for the office of chair. Is there a motion, commissioner xi. I would like to make a motion to nominate erin peskin. Seconded. Any other nominations . Nobody wants the job. Seeing none, we will close the nominations and on that motion made and seconded, can we do that same house, same call im sorry, commissioner furer. I meant to put my name on the next item. Same house, same call. Than
Given the heights and cool and facebook and others recently. You normally have a pretty broad stroke to your coverage. Why this book and right now . Thank you for having me, by the by. I started this book in 2017 i had just taken a job as a columnist for the financial times, trying to figure out the worlds biggest business and economic stories and an opinion form, and for the final, i started looking through corporate figures. I saw amazing numbers in the Financial Sector to the technology sector. Run the numbers that really stuck out was a Mckinsey Global institute figure, looking at 80 corporate wealth was in just 10 . Because of the firms richest in personal data and intellectual property. Basically, if your trafficking in these things, were holding the majority of the world corporate wealth. The biggest were the ones like facebook, apple, amazon, netflix a little bit and googled most about. Theres some overlap, facebook and google, apple mostly shunned advertising and third devices