Square CEO Jack Dorsey and the Mayors of New York City and San Francisco announced today that they will be collaborating on a digital technology summit, to be hosted on September 30th in the Big Apple. At a press conference at Square this afternoon, SF Mayor Ed Lee gave a few details about the upcoming summit, which will bring together industry stakeholders for a big-think meeting of how to solve social issues.
NYC Mayor Mike Bloomberg, who is in town to give the Stanford commencement speech, stole the press event with a few jokes about Dorsey’s “plans” to run for his job. Talking about Dorsey’s hypothetical campaign, Bloomberg said he could have “”140 character campaign speeches. 6 second campaign videos, and your pledge that everyone can pay their taxes using square”.
For good measure, in response to Mayor Lee prodding New York City about snow problems, Bloomberg joked, “Climate change has taken away the snow so we really haven’t had much”.
In response to a question from me about New York’s legal warfare against sharing economy apps, such as Uber and AirBnB, Mayor Bloomberg responded that, ” regulation becomes a crutch… It’s the old entrenched industries, under the shield of regulation,” that prevent meaningful competition. No word on how exactly he’ll support them, other than wanting to “F***ing destroy” the taxi industry.
We’ll see if actions follow words. Or conferences.
Vine via @Obrien.
Article courtesy of TechCrunch