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  1. Milken Institute1h 1m

    Creative California: Where the World Comes to Innovate

    Darren Jamison, Joe Kiani, Gavin Newsom, Peter Platzer, Kim Polese, Kevin Klowden

    California retains its status as a global patent hub driven by premier institutions like Caltech and Stanford, yet its economic vitality is severely hampered by flatlining growth, high unemployment disparities, and a regulatory environment that has driven venture capital in medical technology down by 70%. Facing intensified competition from international locations offering substantial R&D subsidies and domestic rivals providing lower operational costs, the state struggles with a stagnant talent pipeline marked by negative net migration and severe higher education funding cuts. Experts recommend a strategic pivot toward offensive regional economic development, including federal advocacy for immigration reform and the adoption of streamlined zoning models, to reconcile high regulatory costs with the need to retain innovation leadership.

  2. Milken Institute58 min

    The Role of Universities in Accelerating Bioscience Research

    David Baltimore, Joel Burdick, James Economou, Michael Quick, Owen Witte, Stephen Mayo, Steve Mayo, Nick, Francis Collins, Remy, Joe Boistak, Charles, Eric Green, Ray Deshaies

    A consortium of leading academic figures, including Nobel Laureate David Baltimore and experts from Caltech, UCLA, and USC, convened to evaluate the intersection of biological engineering and clinical translation in the face of funding constraints. The panel detailed successful strategies for "engineered immunity" projects, such as converting muscle cells into antibody producers and conducting early-stage human trials within university settings, while highlighting the critical need for interdisciplinary programs that bridge the gap between engineering PhDs and MDs. Despite progress, participants identified a persistent "valley of death" in early-stage financing and urged a cultural shift toward professional management and team-based funding mechanisms to sustain innovation.

  3. Milken Institute1h 6m

    Financing Ideas: Reinventing Israel's Capital Markets

    Yuval Steinitz, David Gershon, Shmuel Hauser, Anath Levin, Oded Sarig, Roger Stein

    Israel has secured remarkable economic resilience and a surge in foreign investment driven by strategic diplomatic outreach, though the nation currently faces structural bottlenecks in capital markets characterized by low liquidity and fragmented regulation. Government officials and industry leaders are collaborating to address these inefficiencies by simplifying regulatory frameworks, establishing a financial innovation hub in Tel Aviv, and incentivizing local entities to retain high-tech capital rather than facilitating immediate cross-border exits. These coordinated efforts aim to transform Israel's startup-centric model into a mature capital markets economy capable of sustaining long-term growth through robust domestic financing and deeper pension fund integration.

  4. Milken Institute1h 0m

    Arab Spring: Hope, Then Upheaval, Then What?

    Ayaan Hirsi Ali, Darin Johnson, Ahmed Maher, William McCants, Karen Elliott House

    Experts and officials analyze the friction between US core interests in the Middle East and the region's complex realities, including a demographic youth bulge and the divergent approaches to democracy versus Sharia law. The discussion details how these dynamics are driving instability in Egypt and Syria, where fractured rebel groups and external funding from Gulf states have prolonged conflicts while Salafi groups pragmatically enter politics despite ideological contradictions. Panelists conclude that US policy should shift from supporting specific regimes to fostering human rights and economic alternatives to counter terrorism and prevent the rise of extremist networks.

  5. Milken Institute1h 3m

    For Renewable Energy, a Painful Transition to Maturity

    Stephen Gatto, Arno Harris, Peter Rothstein, Eric Spiegel, Howard Wenger, Joel Kurtzman, David Carr, Paul Tullis, Claire Tram, Ira Herbst, Ed White

    Renewable energy is rapidly displacing traditional sources, with wind and solar leading U.S. capacity growth while facing an industrialized landscape defined by significant consolidation and fierce international competition. Driven by a tenfold reduction in photovoltaic costs and strategic partnerships like the $12 billion wind backlog held by Siemens, differentiated technology providers are achieving profitability despite market volatility. Simultaneously, grid modernization efforts are integrating natural gas as a flexible partner and advancing storage solutions to support a future where the central question is no longer the viability of renewables, but the scale of their global penetration.

  6. Milken Institute1h 2m

    Asia Rising: A New Competitive Landscape

    Curtis S. Chin, Timothy Dattels, Yoshito Hori, Sunny Verghese, Ray Kwong

    A distinguished panel analyzes the structural shift toward an "Asia-Pacific Century," where rapid urbanization and a massive rise in the regional middle class are redefining global economic gravity. The discussion details specific national strategies, including Japan's "Abenomics" reforms and ASEAN's emerging market potential, while highlighting critical challenges such as resource scarcity, environmental degradation, and geopolitical balancing between the U.S. and China. Ultimately, the event provides a comprehensive outlook on investment opportunities and risks across Asian economies, emphasizing the necessity for diversified capital flows and strategic policy adaptations in a multipolar world.

  7. Milken Institute1h 5m

    The $2.2-Trillion Battle for Your Living Room

    Doug Barry, Ryan Kavanaugh, Tom Rogers, Michael White, Andrew Morse, Mike White

    A panel of industry leaders from DirecTV, TiVo, Relativity Media, and Selby Ventures characterizes the media landscape as a $2.2 trillion competition for the living room, driven by the exponential rise of channel choices and multi-device viewing habits. Executives argue that while Netflix and digital disruption challenge traditional models, incumbent providers retain advantages in live sports and high-production costs, necessitating a shift toward platform-agnostic strategies that prioritize content curation and seamless second-screen engagement. The consensus projects a future where fragmented interfaces converge into unified, cloud-based experiences that personalize content delivery without eliminating the high capital requirements needed to sustain premium programming.

  8. Milken Institute1h 2m

    When Past Performance Is a Guide: Using History to Make Sense of the Post-Crisis World

    Daniel Arbess, Ben Funnell, Mitchell Julis, Peter Thiel, Niall Ferguson, Mitch Julis

    A panel of prominent investors including Peter Thiel, Mitch Julis, Ben Funnell, and Dan Arbus debates whether current post-crisis economic conditions mirror the 1930s or represent a unique divergence driven by a lack of technological innovation and demographic headwinds. The discussion highlights critical risks such as the "disappearance of the future" in the West, structural stagnation in Europe, and a complex trilemma where fiscal policy is blocked while monetary stimulus yields diminishing returns. Consequently, the experts advocate for an investment strategy focused on capital preservation, specific innovation clusters, and potential "overt monetary finance" to navigate a landscape defined by non-linear complexity rather than historical equilibrium.

  9. Milken Institute1h 16m

    Chinese Market Culture: How Well Can You Know a Company?

    Howard Chow, David Bonderman, Benjamin Fanger, John Pitar, Jim

    This presentation details the historical evolution of Chinese enterprise structures from Township and Village Enterprises to the modern State-Owned Enterprise landscape, while highlighting critical investment risks such as dual-book accounting, Variable Interest Entity (VIE) ambiguity, and unreliable official statistics. It outlines specialized mitigation strategies for foreign capital, including the necessity of forensic accounting, direct asset verification, and securing physical company seals to navigate non-independent courts and volatile regulatory environments. Ultimately, the analysis advises investors to bypass manipulated macroeconomic data in favor of cash-flow-focused due diligence using local talent to manage the unique political and legal complexities of the market.

  10. Milken Institute1h 4m

    Is Gender Parity Possible in the 21st Century?

    Molly Ashby, Geena Davis, Deborah DeHaas, Manju Ganeriwala, Ann McElaney-Johnson, Willow Bay, Kathleen Sullivan, Subha Barry, Dr. Nita Arindapol, Kelly McElhaney, Brenda Bates, Nancy, Chris McGrath

    A recent panel featuring Geena Davis and industry leaders from academia, finance, and government exposed severe gender disparities in family media, corporate leadership, and political representation, projecting that parity could take centuries at current rates. Speakers argued that these gaps stem from early media conditioning, retention failures, and cultural narratives that limit women's career aspirations, necessitating structural solutions like Norway-style quotas, diverse talent databases, and intentional content rewriting. The group concluded that achieving Hillary Clinton's 2050 vision of 50% global female leadership requires a mandatory shift from voluntary goodwill to accountability models driven by the economic necessity of talent scarcity and Millennial consumer pressure.

  11. Milken Institute1h 3m

    Longevity Is Opportunity: Riding the Demographic Wave

    Pinchas Cohen, Michael Hodin, Dan Houston, Paul Irving, Jody Holtzman, Eric Schmidt

    Driven by a historic demographic inversion where the over-60 population now exceeds the under-14 group, the traditional retirement model has collapsed due to extended lifespans outpacing savings and healthcare innovations. This shift has catalyzed a $3.5 trillion market dominated by the over-50 demographic, prompting corporate leaders and investors to pivot from acute care toward prevention, wellness, and extended career engagement strategies. Organizations like BMW and emerging startups such as Neuropath are now adapting workplace structures and diagnostic technologies to address the financial, biological, and social challenges of an aging global workforce.

  12. Milken Institute1h 2m

    How Improved Health and Longer Lives Drive Global Prosperity

    Thomas Frieden, Jonathan Gluck, Carole Roan Gresenz, Michael Harsh, Peter Margolis, Ceci Connolly

    A panel of experts from the CDC, GE Health Care, and leading academic institutions demonstrated that shifting from fee-for-service models to accountable care systems can simultaneously improve population health and reduce long-term costs through specific innovations like immunizations and diagnostic imaging. By leveraging data standardization, prize challenges, and telehealth pilots, the session highlighted how eliminating clinical variation and preventing disease rather than treating it generates billions in annual societal savings. The discussion concluded that political and payment reforms, rather than technological limitations, remain the primary obstacles to fully realizing these economic benefits and fostering entrepreneurial growth through universal insurance access.

  13. Milken Institute1h 0m

    Teacher Evaluation and National Testing: Can We Reach Consensus?

    Yvonne Chan, Jason Culbertson, Warren Fletcher, Patrice Pujol, Thomas Boysen, Tom Boyce

    A multi-organization panel detailed a strategic shift from seniority-based compensation to data-driven teacher effectiveness models, citing the Gates Foundation's MET study and three case studies: Vaughan Learning Center, the United Teachers of Los Angeles, and Ascension Parish Schools. These initiatives replaced rigid testing mandates with comprehensive evaluation systems featuring calibrated peer observations, performance-linked pay, and targeted professional development to address high turnover and achievement gaps. Consensus among educators, union leaders, and administrators emphasizes that successful implementation requires rigorous evaluator training, realistic performance distributions, and a cultural transition from adversarial oversight to collaborative professional communities.

  14. Milken Institute1h 3m

    Israel: The Ingenuity Society as Global Laboratory

    Yosef Abramowitz, Mark Kahn, Andrew Neff, Amir Peleg, Eyal Rosner, Eugene Kandel, Steven Yeager, Amir Shachar, Yossi Levitini, Jason, Gerhard Hoffstaedter

    Israeli industry leaders and government officials outlined a strategic framework positioning the nation as a global laboratory for testing solutions to scarcity-driven challenges in sectors ranging from renewable energy and agritech to water management. Key initiatives include Arava Power Company's expansion of solar infrastructure into Africa, the Alternative Fuel Initiative's push for a 60% reduction in transportation oil consumption by 2025, and Omnivore Partners' pivot toward addressing global commodity crop needs through international research stations. This ecosystem leverages military talent and public-private partnerships to overcome domestic market limitations, aiming to secure significant export markets while mitigating political risks through multilateral financial guarantees.

  15. Milken Institute1h 14m

    Investing in African Prosperity

    Tony Blair, Bill Gates, H.E. Paul Kagame, Strive Masiyiwa, Rhonda Zygocki, Michael Milken

    Economic and health data reveal that twenty-five African nations have achieved middle-income status, driven by demographic dividends, rapid mobile adoption, and strategic investments from corporations like Chevron and the Agricultural Transformation Agency in Ethiopia. Successful interventions in countries such as Rwanda and Zimbabwe demonstrate that combining local capacity building with global partnerships can eliminate extreme poverty, eradicate diseases like polio, and transform sectors ranging from agriculture to financial services. These outcomes suggest a future where infrastructure leapfrogging and transparent governance create a sustainable win-win scenario for both private investors and African populations.