by Gary Kamiya : modernluxury – excerpt
(includes Photo-illustrations of Tech Titans by Clark Miller)
As the tech industry grows to unfathomable proportions, San Francisco needs to grow to match it. A call to arms for a city under siege.
I. A MIGHTY RIVER
Cities, it’s been said, are like rivers, and San Francisco has always been a leaping, unpredictable one, constantly jumping its banks and fed by the most varied and unlikely springs. I’ve been splashing in this unruly current for almost half a century. But several years ago, something happened upstream. A great deluge of money of a magnitude not seen since the bonanzas of the 19th century began to crumble our protective levees, hoisting San Francisco’s skyline, swamping its housing, stalling its traffic, and profoundly altering its character…
The combined market value of Apple, Facebook, and Google’s parent company, Alphabet, all headquartered within 40 miles of downtown San Francisco, is more than $2.2 trillion—about the same as the gross domestic product of Italy, the eighth-largest economy in the world… (more)