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  1. 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.

  2. 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.

  3. Milken Institute59 min

    London Summit 2015 - The Future of Europe (I)

    Louisa Bojesen, Peter Beyer, Nigel Farage, Juan María Nin Génova, Howard Shore

    Moderated by Louisa Borgeson, a panel of experts including Peter Beyer, Nigel Farage, and Juan Maria Nin Genova debated the European Union's survival amidst demographic stagnation and the refugee crisis. Speakers diverged sharply on the bloc's future, with Farage and Nin Genova predicting imminent collapse or dissolution while Beyer advocated for a "two-speed" integration model and the Weimar Triangle to guide enlargement. The discussion further highlighted economic stagnation, the failure of current welfare models to aid assimilation, and the strategic necessity of trade partnerships like TTIP to prevent European isolationism.

  4. Milken Institute1h 0m

    London Summit 2015 - Powering Up European High-Tech (I)

    Ravi Mattu, Nick Bray, Graham Cooke, Fred Destin, Sara Murray, Riccardo Zacconi

    Moderated by Financial Times Technology Editor Ravi Mateo, a panel of European tech leaders including King Digital Entertainment CEO Riccardo Zaccone and Sophos CFO Nick Bray analyzed the sector's strategic shift toward global scale over local exits. The discussion highlighted structural advantages such as a profitability-first mindset and a digitally sophisticated consumer base, while contrasting European market fragmentation and regulatory hurdles against the US ecosystem's capital recycling and risk tolerance. Ultimately, the panelists concluded that European startups are proactively building global platforms with mobile-first strategies, despite persistent challenges in securing late-stage growth capital and navigating complex data privacy laws.

  5. Milken Institute1h 0m

    Cybersecurity: The Internet of Threats

    Edward Lucas, Nadav Zafrir, Paul Gillan, Sinisa Patkovic, Dan, John Derrick, Stephen

    Experts including Nadav Zafrir, Sinisa Patkovic, and Paul Gillan argue that the internet's foundational trust-based architecture is incompatible with modern critical infrastructure, creating a widening gap between attacker innovation and defensive readiness. The panel identifies systemic barriers such as organizational cost concerns, regulatory gaps, and the human "literacy gap" that impede effective security-by-design while highlighting the critical threat of insider collusion and state-sponsored cyber warfare. Despite these vulnerabilities, the speakers propose a paradigm shift toward proactive "learning competitions" where defenders emulate offensive tactics, alongside increased investment in layered security architectures and managed services to mitigate inevitable breaches.

  6. Milken Institute54 min

    A Conversation With Gary Becker, David Rubenstein and Robert Rubin

    Gary Becker, David Rubenstein, Robert Rubin

    Economic Nobel laureate Gary Becker and former Treasury Secretary Bob Rubin argue that the United States must close the gap between current and potential output to achieve a 3% annual GDP growth rate, a goal requiring significant fiscal stabilization and immigration reform. The panel proposes a decade-long plan to reduce the debt-to-GDP ratio through entitlement adjustments and tax expenditure reforms, while identifying shale energy and demographic advantages as key drivers of future U.S. competitiveness. Despite acknowledging the nation's status as a premier investment destination, the experts warn that persistent political dysfunction and an inability to implement necessary compromises remain the primary threats to economic progress and fiscal health.

  7. Milken Institute1h 2m

    Asia Summit 2015 - Technology and Innovation: Catching the Next Wave of Investment

    Newly Pernell, Max, Jenny Lee, Nick Nash, Tom Magnanti, John Riadi

    Leading Southeast Asian tech executives and investors convened to analyze the region's rapid e-commerce evolution, highlighting Lazada's cross-border infrastructure, Garena's hyper-local mobile strategy, and Lippo Group's online-to-offline retail convergence. The discussion emphasized that sustainable growth requires adapting to extreme economic disparities and logistical fragmentation rather than applying Western models, while prioritizing profitable business units over subsidized user acquisition. Furthermore, experts warned that the market is maturing toward a duopoly structure where only companies with strong operational DNA and global scalability will survive the coming consolidation cycle.

  8. Milken Institute1h 12m

    Asia Summit 2015 - China's Growing Movie Industry: Does It Still Need Hollywood?

    Kevin Clowden, Chris Bremble, Peter Hsiao, Ellen Eliasoff, James Fong, Rose Kuo

    Driven by a youthful demographic and aggressive infrastructure expansion, China is projected to surpass the U.S. as the world's largest film market despite a regulatory quota system that limits Hollywood imports to 34 films annually. This interdependence has catalyzed massive strategic investments, such as the $2.5 billion Dream Center and the Qingdao Oriental Movie Metropolis, while prompting Hollywood to produce dual-version content tailored specifically for Chinese audiences. Although local production faces significant challenges regarding talent and commercial storytelling mechanics, the market is evolving toward a sustainable fusion model that blends domestic folklore with international production values to sustain long-term growth.

  9. Milken Institute1h 40m

    Asia Summit 2015 - AIIB and the Evolving Multilateral Lending Landscape

    Mike Milken, Lee Kuan Yew, Jin Li-chun, Tommy Koh, Jin Tong, Tadashi Maeda, Clive Kerner, Elena Okorochinko

    At a Milken Institute discussion, AIIB President-designate Jin Li-chun outlined the bank's lean, clean, and green operational framework designed to complement existing multilateral development banks in addressing a global infrastructure financing gap of $2 trillion annually. With 57 provisional founding members approved and a target to operationalize by year-end, the institution plans to leverage a 2.5 gearing ratio to reach $250 billion in lending capacity while offering flexible financing stages to bridge the $8 trillion Asian infrastructure demand projected for 2030. Although major economies like the United States and Japan remain cautious, stakeholders including rating agencies and the IFC view the AIIB as a strategic partner capable of enhancing credit quality and mobilizing private capital for sustainable development.

  10. Milken Institute1h 42m

    Asia Summit 2015 - Asia’s Future: Perspectives on Prospects and Challenges

    Wing, Kirk Wager, Mike Milken, Cesar, Purisima, Kevin Sneader, Jing Ulrich, Tim Cofer, Achal Agarwal, Sam Fisher, Chris Wei

    This event highlighted the United States' deepening strategic commitment to Southeast Asia, underpinned by a $220 billion cumulative investment in top ASEAN markets and projected to support a middle class growing from 525 million to 1.2 billion people by 2030. Key speakers detailed Indonesia's aggressive fiscal shifts, including a $32 billion subsidy cut and $22 billion infrastructure allocation, alongside the Philippines' demographic-driven growth fueled by its young, English-speaking workforce and expanding manufacturing sectors. Despite short-term currency volatility, the consensus among global corporations and government officials affirmed that Asia's unique blend of urbanization, digital innovation, and rising consumption will anchor the region as the primary engine of global economic expansion.

  11. Milken Institute1h 1m

    2014 London Summit - Europe: Still at a Crossroads

    Louisa Bojesen, Nigel Farage, Gerard Lyons, Helena Morrissey, Howard Shore

    Panelists including Nigel Farage, Helena Morrissey, and Gerard Lyons analyzed severe Eurozone structural failures, noting that countries like Greece and Italy face deflation and bear markets while Germany risks a shallow recession. The discussion highlighted the limitations of monetary tools like quantitative easing in addressing deep-seated issues such as rigid labor markets and the mismatch between the currency union and fragmented fiscal governance. Looking ahead, the experts predicted a political shift toward Euroscepticism and explored divergent investment strategies favoring defensive sectors like healthcare over financials, while debating the viability of UK exit scenarios against a backdrop of deteriorating European economic cohesion.

  12. Milken Institute1h 4m

    Who Gets What — and Why: The New Economics of Matchmaking and Market Design

    Alvin Roth, Dan Ariely, Peter Purcell

    Nobel laureate Al Roth explains how market design distinguishes between commodity and matching mechanisms to address structural frictions like exploding offers and congestion that cause real-world inefficiencies. By applying these principles to complex systems, he has facilitated life-saving kidney exchanges and proposed regulatory shifts for high-frequency trading and healthcare to align incentives with social welfare. Roth argues that intentional institutional redesign, rather than reliance on price signals alone, is essential for optimizing outcomes in labor, criminal justice, and education sectors.

  13. Milken Institute58 min

    An Unexpected Intersection: A Conversation With Norman Lear and Prophet Walker

    Norman Lear, Prophet Walker, Alex Wood, Martha Minowski Jr., John Murray, Norman Siegelmann Bennett Jr., Neil Krohn

    MSNBC anchor Alex Wood moderated a conversation between television pioneer Norman Lear and activist boxer Prophet Walker, who discussed their respective journeys through media reform and juvenile justice advocacy. Lear detailed his decades-long fight against censorship and intolerance through shows like *All in the Family*, while Walker recounted his transformation from incarceration to a civil engineering degree and a State Assembly candidacy. The event concluded with a shared critique of modern media polarization, a book signing for Lear's memoir, and an invitation for attendees to support Walker's community initiatives.

  14. Milken Institute1h 0m

    The Economic Future of the Middle East

    Christopher Schroeder, Wael, Hala Fadal, Samir, Elizabeth, Amin, Al, Jack Dorsey, Mark Zuckerberg, Jack Lew, David Folio, Chris Brown, Lara Satrakhin, Sami Toukan

    A comprehensive panel analysis highlights a transformative economic shift in the MENA region, where surging mobile penetration and a youth-driven entrepreneurial culture are displacing traditional reliance on government employment and public sector jobs. Venture capital is aggressively pivoting from legacy sectors like oil and real estate toward digital infrastructure and indigenous startups, fueled by significant Western investment and a cultural move toward self-reliance despite persistent political volatility. While educational disparities and bureaucratic hurdles remain critical constraints, experts recommend a strategic dual approach combining immediate bottom-up business support with long-term top-down structural reforms to unlock the region's massive demographic and technological potential.

  15. Milken Institute1h 3m

    May We Have Your Attention, Please: How Data Is Transforming the Consumer Experience

    Bob Pittman, Barry Diller, Bobby Kodak

    During the Milken Institute University Ceremony, Bob Pittman, Barry Diller, and Bobby Kotick received honorary degrees for their distinct contributions to media, travel, and gaming while discussing the industry-wide shift from legacy ratings to data-driven attribution models. Pittman detailed iHeartMedia's strategy to leverage big data for measurable ROI, Diller highlighted how companies like Expedia and Tinder utilize massive datasets to optimize advertising, and Kotick described Activision Blizzard's success in blending physical and digital engagement through titles like *Skylanders* and *Guitar Hero*. The panelists agreed that while delivery mechanisms evolve toward mobile and connected devices, the core value of their respective products remains constant, necessitating a transition from guessing consumer value to measuring specific actions.