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  1. Milken Institute1h 2m

    2015 CA Summit - Building Better People Movers: The Future of Transportation in California

    Laura Nelson, Tony Canova, Brian Kelly, Rob Lloyd, Tara Roth, Julie Schoenfeld

    California is implementing a comprehensive transportation transformation that shifts from highway expansion to corridor-focused strategies integrating dynamic pricing, cap-and-trade revenue, and massive investments in high-speed rail and electric vehicle infrastructure. State officials and industry leaders, including Governor Jerry Brown and representatives from Hyperloop Technologies, are advancing aggressive targets for 1.5 million EVs and new transit projects while navigating regulatory frameworks for autonomous vehicles and public-private partnerships. Despite challenges such as funding timelines for the Purple Line extension and the competitive race between high-speed rail and Hyperloop for the Los Angeles-San Francisco corridor, the state continues to prioritize multimodal connectivity to reduce emissions and accommodate over 80% of transit riders who lack personal vehicles.

  2. Milken Institute44 min

    2015 CA Summit - Powering California’s Economy: A Conversation with John S. Watson

    John S. Watson, Brian Sullivan

    John Watson outlines a severe global energy downturn driven by oversupply and resilient U.S. shale production, projecting hydrocarbons will still satisfy 75% of energy demand two decades from now. He critically contrasts this reality with California's restrictive regulatory environment, arguing that high costs, environmental mandates, and inefficient policies are driving corporate out-migration and stifling economic growth despite the state's status as a major energy and agricultural hub. While detailing Chevron's strategic focus on cost discipline and specific international LNG projects, Watson advocates for nuclear and natural gas expansion over current subsidy structures to achieve effective carbon abatement without undermining economic stability.

  3. Milken Institute1h 0m

    2015 CA Summit - Honing California’s Edge in Technology and Entertainment

    Jane Wells, Beatriz Acevedo, John Bolton, Jason Kirk, Chris Williams

    This discussion analyzes the Los Angeles digital media ecosystem, highlighting its unique blend of entertainment infrastructure and emerging technology sectors where companies like Maker Studios, Flippagram, and MeToo operate alongside traditional aerospace giants. Key outcomes include the strategic acquisition of Maker Studios by Disney to capture millennial audiences, the pivot of Zephyr toward B2B rights management, and the significant challenge of recruiting engineering talent in a region historically dominated by creative figures. Furthermore, the event outlines future growth vectors in virtual reality and mobile video monetization while addressing critical hurdles such as H-1B visa restrictions and the need for culturally diverse content strategies.

  4. Milken Institute1h 0m

    2015 CA Summit - Opening the Golden Gate: Strategies to Attract Foreign Direct Investment

    Curtis S. Chin, Caroline Beteta, Juan Carlos Briseño, Sonnet Hui, Brian Peck, John Scull

    Leading experts and officials convened to address California's status as the top U.S. recipient of foreign direct investment while confronting rising competition and regulatory hurdles such as CEQA and restrictive visa policies. Panelists from government, venture capital, and real estate sectors, including Hazen's Group and Visit California, emphasized the critical need for infrastructure upgrades, federal immigration reform, and unified regional branding to sustain economic growth. The dialogue highlighted specific opportunities to deepen ties with Mexico and China through enhanced student exchanges and strategic public-private partnerships, aiming to translate tourism demand into tangible manufacturing and technology investments.

  5. Milken Institute1h 5m

    2015 CA Summit - Notice to Proceed: Clearing a Path for Infrastructure Financing

    Dale Bonner, Samara Barend, Teveia Barnes, Marc Levine, Dean Palumbo

    A panel of California Assemblymember Mark Levine, I-Bank official Tavia Barnes, and industry leaders from AECOM and Plenary addressed the state's $64 billion infrastructure maintenance gap and the political hurdles hindering effective public-private partnerships. The discussion highlighted the need for legislative reforms to accelerate project timelines, the adoption of innovative financing tools like third-party verification and tax-exempt bonds, and the potential of technology to reduce costs and increase operational efficiency. Speakers emphasized that while local agencies are successfully leveraging private capital for delivery, the state must overcome risk aversion and bureaucratic delays to meet the 2.5% GDP investment benchmark required for adequate infrastructure growth.

  6. Milken Institute1h 2m

    2015 CA Summit - Fostering Innovation to Improve Health Care

    Ross DeVol, Donald Crane, Ed Hernandez, Richard Merkin, Kristen Miranda, Art Torres

    Leading health stakeholders convened to address California's critical healthcare challenges, including a bifurcated payment system introduced by the 2015 MACRA law and the accelerating market consolidation among insurers like Blue Shield and Anthem. Panelists highlighted that while innovations such as the Heritage Health Prize and joint data exchanges offer promise, systemic barriers like low Medi-Cal reimbursement rates and a 300% pay disparity between specialists and primary care providers continue to drive costs and exacerbate workforce shortages. The discussion concluded that without shifting from volume-based to value-based models and addressing demographic disparities in Covered California enrollment, unchecked consolidation may force government rate regulation to protect consumers.

  7. Milken Institute1h 18m

    The Conservative Heart: How to Build a Fairer, Happier and More Prosperous America

    Arthur C. Brooks, George F. Will, Mike Clouden

    Arthur Brooks delivers a comprehensive argument that free enterprise, driven by aspiration and moral sentiment rather than greed, is the most effective mechanism for lifting billions out of poverty while warning against the spiritual emptiness of material attachment. He critiques current cultural and educational stigmas against skilled trades and calls for "breakout leadership" to foster bipartisan cooperation centered on opportunity for the poor. The session concludes with a Q&A and book signing for Brooks' work, *The Conservative Heart*, exploring strategies to balance economic success with endogenous life goals.

  8. Goldman Sachs22 min

    National Geographic Society - Storytelling as an Agent of Change: Talks at GS Session Highlights

    Marcus Bleasdale, Susan Goldberg, Dr. Enric Sala, Claudia Malley

    At a decade-long anniversary event with National Geographic, Goldman Sachs hosted Susan Goldberg, Dr. Enric Sala, and Marcus Bleasdale to discuss the intersection of storytelling and conservation policy. Goldberg outlined a five-principle framework prioritizing urgent global issues, while Sala detailed how the Pristine Seas Project leveraged scientific data to secure a record 300,000-square-kilometer marine reserve in Chile. Bleasdale further illustrated the power of imagery by exposing the link between conflict minerals in the Democratic Republic of Congo and electronics supply chains, concluding with panelist pledges to unify global leadership on climate and sustainability.

  9. Milken Institute1h 36m

    Between Debt and the Devil: Money, Credit and Fixing Global Finance

    Adair Turner, Mike Clouden, Matt Miller, Lord Adair Turner

    Lord Adair Turner, former chairman of the UK Financial Services Authority, argues in *Between Debt and the Devil* that the global economic stagnation following the 2008 crisis stems from a failure to regulate private credit creation, which has shifted predominantly toward real estate speculation rather than business investment. He advocates for radical policy reforms including significantly higher bank capital requirements, strict lending limits on property markets, and the adoption of "overt money finance" to escape persistent low-growth equilibriums. Turner warns that without these structural adjustments and a reintegration of banking realities into macroeconomic models, advanced economies face continued inequality and the risk of social instability.

  10. Milken Institute1h 24m

    The Open Data Opportunity: How Government Information Can Change the Way California Does Business

    Kevin Cloud, Jason Barrett, Ben Welsh, Deep Varma, Alex Padilla, Alicia Ruo, Ted Ross

    California Governor Jerry Brown recently signed AB 169 and SB 272, mandating that state and local agencies publish machine-readable data and comprehensive inventories to shift operations from information hoarding to transparency. This legislative framework has catalyzed economic efficiency, enabling private firms like Trulia to reduce engineering overhead while allowing cities such as Los Angeles to eliminate costly redundant systems through public-private partnerships. Despite facing challenges regarding data quality, talent gaps, and cultural resistance, these reforms aim to standardize information across jurisdictions to enhance government performance and citizen decision-making.

  11. Bank of America22 min

    Effectively Managing Your Small Business’s Cash Flow

    Carol Roth, Will Barr, Max Eliscu, Rieva Lesonsky, Steve Strauss, Cheryl Roth, Max Elliske, Riva Lassonski

    Expert panels define cash flow as the critical narrative tool for business survival, emphasizing that small business owners face the primary challenge of delayed client payments that often exceed standard Net 30 terms. To mitigate risks such as missed opportunities and payroll failures, stakeholders recommend implementing daily monitoring, maintaining a six-month operating reserve, and utilizing technology to accelerate revenue inflows. The consensus strategy for stabilizing finances involves securing lines of credit proactively and adopting the "cash flow yoga" approach of collecting payments faster than expenses are paid.

  12. Milken Institute1h 17m

    The Silo Effect: The Peril of Expertise and the Promise of Breaking Down Barriers

    Gillian Tett, John Seely Brown, Conrad Kieschel

    The event examines the "Silo Effect," a cognitive and organizational fragmentation that drove failures ranging from the 2008 financial crisis to Sony's missed digital opportunity, while offering proven strategies to dismantle these barriers. It details how intentional physical design, data integration in New York City, and cultural shifts at organizations like the Cleveland Clinic and Facebook foster necessary "productive friction" to restore holistic vision. Ultimately, the discussion emphasizes that overcoming rigid classification requires leadership to prioritize unstructured collaboration and individual efforts to consume diverse perspectives to prevent future catastrophic breakdowns.

  13. Milken Institute1h 3m

    London Summit 2015 - Bridging the Talent Divide: Demand-Driven Education for a Diverse Workforce (I)

    Mark Cahill, Nancy Altobello, Meabh Quoirin, Richard Socarides, Tim Stewart, Aniela Unguresan

    Leading global organizations and educational institutions are redefining workforce development by shifting from rigid academic credentials to experiential "liquid skills" and peer-to-peer learning models in response to automation and demographic shifts. Key figures from EY, GLG, and various universities emphasize a shared responsibility among governments, businesses, and individuals to implement apprenticeships, mandate non-linear career paths, and prioritize cognitive diversity over traditional pedigree. This collaborative evolution aims to close the skills gap by restructuring degree programs, normalizing diverse hiring practices, and fostering a culture where continuous reskilling and emotional intelligence serve as the primary drivers of employability.

  14. Milken Institute59 min

    London Summit 2015 - Investing in Art as an Asset Class: Passion or Profit? (I)

    Iain Robertson, Philip Hoffman, Howard Lewis, Clare McAndrew, Lucian Simmons

    A comprehensive panel discussion explores the global art market's $51 billion scale, analyzing its heavy skew toward high-value transactions and the divergent strategies of institutional investors versus speculative collectors. Experts debate the asset class's liquidity, authentication risks, and regional dynamics, particularly the shifting power of the Chinese market and the volatility of emerging sectors. The consensus highlights a projected 30-year growth trajectory driven by diversification needs, though participants caution that returns range from significant losses to 10% annualized gains depending on strict adherence to blue-chip selections and ownership cost management.

  15. Milken Institute1h 2m

    London Summit 2015 - e-Access: Technology Opens Doors to the Rural and Remote (I)

    Daniel Gorfine, John Fallon, Michael Macharia, Samer Salty, Gary Stewart

    Hosted by Daniel Gorfine of OnDeck, a panel including leaders from Zoo Capital, Telefónica, Pearson, and 7C Technologies explored how mobile technology and public-private partnerships are transforming critical sectors in Africa. The discussion detailed successful case studies such as Kenya's conversion of post offices into service hubs, off-grid solar adoption in Tanzania, and hybrid education models that address global literacy gaps. Panelists emphasized that overcoming bureaucratic friction and funding gaps requires shifting government metrics from inputs to outcomes while fostering scalable, commercially viable alliances between incumbents and startups.