Milken Institute
Showing 1291–1305 of 2094 transcripts.
- 36 min
MIc'd Up | Part 2: Jim Yong Kim in Conversation with Michael Milken
Former World Bank President Jim Yong Kim, the first Asian American leader of an Ivy League school and co-founder of Partners in Health, outlines a strategy to transform the institution into a financial facilitator that aligns private capital returns with global development goals. He highlights the critical need to adapt to the fourth industrial revolution by training emerging market experts to deploy capital markets for poverty reduction while navigating automation challenges in Africa. Kim concludes by emphasizing the necessity of aggressive capital market application to solve extreme poverty and announces his impending departure to continue advocating for this integration of finance and opportunity.
- 31 min
MIc'd Up | Part 1: Jeb Bush in Conversation with Terry Duffy
Jeb Bush and Derek Jeter announced their joint acquisition of the Miami Marlins, a venture designed to leverage data analytics and market growth while avoiding the financial pitfalls of high-salary player acquisition. The former Florida governor simultaneously urged for comprehensive federal reforms to resolve bureaucratic gridlock, advocating for tax code simplification, term limits, and a shift toward an economy-driven immigration system. While expressing cautious support for the current administration's foreign policy coherence, Bush emphasized the urgent need to address workforce displacement caused by automation through 21st-century educational overhauls.
- 30 min
MIc'd Up | Part 2: Pedro Domingos in Conversation with Eric Schmidt
Led by industry leaders like Bill Gates and Pedro Domingos, the event examines how converging advances in algorithms, data, and computing are shifting machine learning from rule-based programming to generalized intelligence. The presentation details critical hurdles in generalization and the urgent global talent shortage, while outlining transformative economic shifts where traditional hardware models face commoditization and new crowdsourced learning ecosystems emerge. Looking five to ten years ahead, the discussion predicts a workforce evolution where humans act as strategic captains alongside AI systems, enabling universal programming capabilities that could unlock a $5 trillion new world economy.
- 29 min
MIc'd Up | Part 1: A Conversation with John Chambers and Ken Griffin
John Chambers, Ken Griffin, Gillian Tett
Ken Griffin and John Chambers evaluate the early regulatory shifts of the new administration while advocating for a three-to-five-year strategic horizon to assess tax reform, healthcare restructuring, and a "fair trade" agenda. The leaders emphasize that prioritizing digital infrastructure, retaining high-skilled immigrant talent, and reforming K-12 education are critical for sparking innovation and overcoming stagnation in the U.S. IPO market. Despite these opportunities, both figures warn that a lack of a unified national strategy, combined with limited fiscal tools and potential geopolitical trade conflicts, could derail the economy's path toward sustained 4% growth.
- 28 min
MIc'd Up | Part 1: A Conversation with Angela Ahrendts
Angela Ahrens is redefining Apple Retail as a global community hub by transforming physical locations into "hardware" designed for social connection rather than mere sales transactions. This strategic shift introduces the "Today at Apple" curriculum and "Creative Pros" roles across 500 stores to teach public classes in coding and arts, aiming to combat social isolation while leveraging the fact that half of recent Genius Bar visits were for education. By prioritizing human connection and meaningful work, the initiative has driven employee retention to 82% and positions the company to set new standards for corporate social responsibility through free lifelong learning opportunities.
- 1h 4m
Space Travel: From Mars to the Stars
Buzz Aldrin, Yuri, Dan, May
Prominent figures including Buzz Aldrin, Yuri Milner, and Dan Goldin convened to advocate for a shift toward private-sector-driven space exploration to overcome current stagnation and accelerate a permanent human presence on Mars by 2039. The discussion highlighted Milner's $100 million commitment to the Breakthrough Starshot initiative, which aims to launch gram-scale probes to Alpha Centauri, alongside Aldrin's proposal for a global coalition to reduce costs and establish infrastructure. Panelists concluded that securing humanity's long-term survival requires expanding beyond Earth's carrying capacity through unified international efforts and technological innovation in both near-term lunar capabilities and century-scale interstellar travel.
- 48 min
Part 2: Global Capital Markets
Mohamed El-Aryan, Thomas Fink, Scott Miner, Arunma Otec, David Solomon
Prominent financial leaders including David Solomon, Mohamed El-Erian, and Arunma Otec discuss post-election market volatility and the critical need for tax reform and deregulation to sustain reflationary growth. The panel emphasizes that while current optimism is high, success depends on reconciling strong equity performance with weak GDP data and executing complex legislative compromises on corporate tax rates and regulatory frameworks like the Volcker Rule. Furthermore, experts warn that long-term prosperity requires addressing structural challenges such as the digital divide, workforce readiness for automation, and coordinated global monetary policies to manage currency dynamics amidst geopolitical instability.
- 56 min
Institute Chairman Michael Milken on Building Meaningful Lives
At the 2017 Milken Institute Global Conference, the speaker delivered the first address of the decade under the theme "Building Meaningful Lives," arguing that access to capital serves as the primary engine for economic mobility and global prosperity. The presentation detailed a shift in the global economic landscape where private equity, technological innovation, and medical breakthroughs have driven job creation and health improvements despite stagnating median incomes and rising social isolation in the United States. By advocating for targeted investment in human capital across emerging markets and the development of new financial technologies, the Institute aims to expand economic opportunity to 90% of the world's population while transforming historical challenges like cancer into manageable conditions.
- 31 min
A Conversation with Steven Mnuchin, Secretary, U.S. Department of the Treasury
Steven Mnuchin, Mike, Marie, Maria
The administration is pursuing a comprehensive tax reform agenda that seeks to accelerate economic growth to 3% annually by consolidating the tax code into a flat 15% corporate rate, eliminating most deductions, and removing the SALT deduction to broaden the tax base. While maintaining a stated goal of not cutting taxes for the wealthy through the Mnuchin Rule, the Treasury Department is negotiating with legislative leaders on the remaining details and preparing to use Senate reconciliation if bipartisan support cannot be secured. This fiscal strategy is complemented by parallel efforts to deregulate financial and energy sectors, reform GSEs to remove taxpayer risk, and advance reciprocal trade policies to support long-term revenue generation.
- 52 min
Fake News: Negotiating Politics and Society in a Post-Truth World
Willow Bay, Rebecca Blumenstein, Campbell Brown, Stephen Hayes, Scott McClellan, Jon Steinberg
A panel of industry leaders and academics convened to analyze the drivers of the fake news crisis, attributing its proliferation to Facebook's engagement-focused algorithms, the decline of local journalism jobs, and a polarized political culture that normalizes dishonesty. In response, the tech giant has pivoted its mission to support authentic reporting by launching the Facebook Journalism Project, removing over 30,000 malicious accounts, and committing to a workforce of 3,000 content managers to surpass the staff sizes of major news organizations. While rejecting government regulation in favor of market-based solutions and advertiser pressure, the group emphasized a multi-pronged strategy involving new revenue models, mandatory media literacy education, and collaborative product development to restore public trust and combat misinformation.
- 1h 0m
A Conversation with the 43rd President of the United States George W. Bush
George W. Bush, Michael Milken
Former President George W. Bush discusses the Bush Institute's multifaceted mission, highlighting the enduring legacy of PEPFAR in reducing global HIV transmission and the organization's contemporary focus on leadership development through the Presidential Leadership Scholars program. The dialogue further addresses critical domestic policy priorities, including education reform grounded in accountability, the economic necessity of immigration reform, and veteran support initiatives designed to mitigate post-traumatic stress. Throughout the exchange, these initiatives are framed as strategic imperatives for national security, extending from the treatment of HIV in Namibia to the diplomatic assessment of Russian leadership.
- 48 min
Investing in Emerging Markets: Out of the Rabbit Hole?
Jonathan Wheatley, Hedi Ben Mlouka, Scott Mackin, Arvind Rajan, Nicolas Rohatyn
A panel of investment experts analyzes the structural shift in emerging markets where domestic politics and capital flows now outweigh global macro factors, urging a move away from generic strategies toward country-specific analysis of debt evolution and political risk. Despite short-term market mismatches and liquidity constraints, the discussion highlights compelling valuations and high-growth potential in sectors like infrastructure, citing specific opportunities in Egypt, Vietnam, and Russia while warning of volatility in Turkey and China. By prioritizing long-term capital commitments and rigorous due diligence over quarterly reviews, investors can mitigate these risks to capture the 75% of global GDP growth projected to originate from these regions over the next decade.
- 57 min
Britain's EU Exit: What's Next for London?
Adrian Wooldridge, Nicholas Candy, Peter Flint, Howard Shore, Julian Skan, Carmen Zechner
A diverse panel of financial experts and housing strategists evaluates the impending "hard Brexit" and its potential to trigger regulatory restructuring within London's financial services sector, which relies heavily on global talent. While major banks plan minimal physical relocation, the discussion highlights that rising housing costs and immigration restrictions pose a more immediate threat to the city's competitiveness than the departure from the EU itself. The group concludes that a successful post-Brexit economic strategy requires accelerating modular construction, diversifying investment into regional hubs, and leveraging deregulation to support SMEs and FinTech innovation.
- 1h 10m
Global Capital Markets: New Risks, New Opportunities
Michael Milken, Marisa Drew, Luke Ellis, Thomas Finke, Nobel Gulati, Jonathan Nelson
Leading investment executives from Providence Equity Partners, Two Sigma, Credit Suisse, Man Group, and Barings convened to analyze how technology-driven innovation and regulatory shifts are reshaping capital markets. Participants emphasized that while true uncorrelated alpha has become scarce, firms are increasingly relying on organizational alpha, data science integration, and collaborative cultures to generate returns across media, private equity, and direct lending sectors. The consensus highlighted a critical transition where traditional finance models must evolve to incorporate scientific methods and address systemic risks associated with the rapid growth of non-bank lending.
- 53 min
Immigration in Europe: Balancing Politics, Security and Compassion
David Goodhart, Percy Barnevik, Sir Paul Collier, Begüm Doğan Faralyali, Dominik Hangartner
Former ABB CEO Percy Barnevik, Turkish media magnate Begum Doğan, and Oxford professor Sir Paul Collier convened to debate solutions for the European immigration crisis, emphasizing a shift from humanitarian aid to economic autonomy and source-region development. Panelists criticized the failure of current asylum systems for causing skill atrophy and highlighted the "Jordan Model" as a viable alternative that links job creation in refugee-hosting nations with EU market access. The discussion further analyzed the political risks of uncontrolled migration, noting that integration failures in countries like Sweden and the erosion of Turkey's border controls necessitate a strategy prioritizing private sector investment over traditional government-to-government aid.