Driving Downtown - San Francisco 4K - USA

Driving Downtown - San Francisco California USA - Episode 48. San Francisco is the cultural, commercial, and financial center of Northern California. It is the most densely settled large city in the state of California and the second-most densely populated major city in the United States after New York City. The last 20 years have seen two booms driven by the internet industry. First was the dot-com boom of the late 1990s, startup companies invigorated the San Francisco economy. Large numbers of entrepreneurs and computer application developers moved into the city, followed by marketing, design, and sales professionals, changing the social landscape as once-poorer neighborhoods became increasingly gentrified. Demand for new housing and office space ignited a second wave of high-rise development, this time in the South of Market district. By 2000, the city&population reached new highs, surpassing the previous record set in 1950. When the bubble burst in 2001, many of these companies folded and their employees were laid off. Yet high technology and entrepreneurship remain mainstays of the San Francisco economy. By the mid 2000s (decade), the social media boom had begun, with San Francisco becoming a popular location for tech offices and a popular place to live for people employed in Silicon Valley companies such as Apple and Google. Economy San Francisco has a diversified service economy, with employment spread across a wide range of professional services, including...