He is badmouthing poor Transit infrastructure planning that he is responsible for and asking for people to pay his company for substandard service that can be provided with cheaper alternatives.
I also think it is funny that he is referring to south bay as the suburbs of San Francisco. Realize that San Jose (South Bay) is a larger city than San Francisco, Cupertino (Apple) is just minutes from downtown San Jose, and within a mile of the actual city border. San Fransisco has INSANE property values and would be very difficult for a company to build a building that can host 10K+ employees there. It was hard enough for apple to get permission to build in Cupertino.
To say the younger crowd is interested in living and working in the city isn't quite right. Many of the younger crowd prefers to live and work in the "suburbs" to the convenience of living, shopping and parking all without the burdens of getting mugged, having my car broken into and having streets that smell of urine. Frankly NYC and SF are both hellholes to be tolerated at best. I would never live in San Francisco as it is way too expensive, the schools are bad - and frankly anything that is worth going into the city for I can drive there, enjoy the evening and then Go home to a nice safe place in south bay.