Latest Interviews
Showing 631–645 of 1,089 transcripts.
Clear all filters- Milken Institute1h 1m
Private Equity: Creating Value Against Increased Competition
Jim Moglia, Virginie Morgon, Jonathan Rotolo, Scott Sperling, David Wasserman, Andrew Weinberg
Private equity firms are navigating a high-valuation environment by prioritizing operational value creation through specialized teams and long-term partnerships rather than relying on traditional financial engineering. While capital structures evolve toward global, permanent funding and co-investment strategies, industry leaders emphasize disciplined stress testing and contrarian deal sourcing to mitigate risks from compressed exit multiples and rising interest rates. This strategic shift positions private equity as an essential orchestrator of economic growth, leveraging active management to capitalize on the divestiture of non-core assets by large corporations.
- Milken Institute59 min
Artificial Intelligence and Machine Learning in Medicine: Hope or Hype?
Rick Berke, Rowan Chapman, Iya Khalil, Lloyd Minor, George Yancopoulos, Megan Zweig, Dan Furstenberg
Industry leaders and researchers convened to address the critical bottleneck of poor data quality in healthcare AI, noting that high-quality "big data" is essential for overcoming the limitations of existing Electronic Health Records and avoiding failures like those seen with IBM Watson. While venture capital has pivoted from high-risk clinical decision support to near-term applications in operational efficiency and medical imaging, participants advocated for long-term systemic reforms such as FDA mandates for molecular data collection and a $200 million biobank initiative to enable precise patient phenotyping. The panel concluded that bridging the gap between clinical trial success and real-world outcomes requires rigorous regulatory frameworks and collaborative investment to reduce physician burnout and improve drug development success rates.
- Milken Institute1h 2m
Global Capital Markets
Gerard Baker, Mary Callahan Erdoes, Michael Corbat, Joshua Friedman, Scott Minerd, Ning Tang
Prominent financial leaders from Guggenheim, J.P. Morgan Asset Management, and Citigroup convened to analyze a 2018 global economy characterized by synchronous growth amidst rising debt levels, regulatory shifts, and structural market vulnerabilities. Key speakers warned that the rapid transition from quantitative easing to tightening, combined with the dominance of passive investing and record corporate leverage, creates significant risks for volatility and liquidity disruptions in coming years. The discussion further highlighted that while geopolitical tensions and trade deficits remain contentious, the most immediate threats to stability stem from a "fast speed, slow speed" trading dynamic and a labor market nearing critical constraints.
- Milken Institute1h 1m
Beyond "Brotopia": Leaders Challenging the Boys' Club of Silicon Valley
Emily Chang, Bo Young Lee, Erin McPherson, Kara Nortman, Elaine Paul, Melissa Waters
Panelists define "Brotopia" as a subtle, bias-driven culture that excludes diverse thinkers and marginalizes women through microaggressions and heteronormative social dynamics. Industry leaders from Uber, Lyft, and Hulu demonstrate specific counter-strategies, including auditing hiring language, institutionalizing sponsorship over mentorship, and recruiting from historically Black colleges to dismantle systemic barriers. Despite these efforts, data reveals persistent disparities where women receive only 2% of venture capital and represent just 6% of Fortune 500 CEOs, necessitating radical policy shifts and individual self-reflection to achieve genuine equity.
- Milken Institute53 min
Blockchain: It's Not Just About the Money
Staci Warden, Ashish Gadnis, Peter Martin, Erick Miller, Patrick Moynihan, Charles Noyes
Moderated by Stacey Warden of the Milken Institute, a panel of investors and builders confirmed that five current for-profit blockchain ventures are generating revenue while shifting focus from speculative hype to tangible social coordination. Participants detailed specific applications such as verifiable voting systems, supply chain identity tracking, and compliant asset tokenization, all designed to replace traditional intermediaries with immutable, code-enforced incentives. Despite shared goals of technical maturation, the group debated critical challenges including regulatory integration, the tension between immutability and privacy rights, and the varying timelines for widespread adoption over the next decade.
- Milken Institute59 min
Japan's Economy, Jump-Started
Kotaro Tamura, Lawrence Ho, Daisuke Iwase, Mitsumaru Kumagai, Aya Murakami, Takao Ochi, HONG LIU
A panel of financial experts and government officials projects a structural transformation of the Japanese economy driven by undervalued equities, aggressive corporate governance reforms, and the strategic introduction of Integrated Resorts to counteract deflation and population decline. Key figures such as Prime Minister Abe and Bank of Japan Governor Kuroda are facilitating policy shifts toward foreign labor integration, sustained monetary easing, and resumed economic cooperation with China to stimulate productivity and tourism. These converging forces are expected to unlock trillions in hidden capital, boost GDP through a 50% growth in the tourism sector, and fundamentally alter Japan's return on equity within the next two to three years.
- Milken Institute59 min
Big Data: The Next Frontier in Risk Management
Staci Warden, Eduardo Cabrera, Stuart Jones, Jr., Mark Rosenberg, Stephen Scott, Piros Kouvelis, Jackson Mueller
At the 2018 Milken Institute Global Conference, C-suite executives from Trend Micro, Sigma Ratings, GeoQuant, and Starling Trust Services convened to discuss strategies for reducing risk management costs by quantifying previously unmeasurable threats. These leaders detailed how artificial intelligence and non-traditional data sources are transforming cyber, political, and conduct risk assessments through automated "DNA" analysis, integrity ratings, and seismic political monitoring. The panel concluded that while regulatory gaps and privacy concerns currently hinder progress, the industry is rapidly moving toward hybrid machine-human models to replace subjective analysis and manage an exponentially growing threat landscape.
- Milken Institute57 min
Financial Regulation: New Era, New Regulators
Ben White, J. Christopher Giancarlo, Jeb Hensarling, Joo-Yung Lee, Craig Phillips, Michael Piwowar
The Trump administration and key congressional leaders are advancing a regulatory strategy centered on tailoring rules to bank size and reducing compliance burdens to stimulate GDP growth, with the Senate Banking Bill S.2155 serving as a legislative starting point despite limitations on large institutions. Agencies including the SEC and CFTC are recalibrating specific mandates regarding capital formation, derivatives, and digital assets to enhance market efficiency while addressing unintended consequences of the original Dodd-Frank implementation. Industry experts like Fitch Ratings caution that while targeted relief is necessary, maintaining core stability measures such as stress testing remains critical to prevent systemic risks as the regulatory framework evolves.
- Milken Institute56 min
The Future of Finance
John Foley, Daniel Barclay, Michael DeAddio, Paul Hamill, Ali-Milan Nekmouche, Lara Warner, Mike D'Addio, Dan Barkley
Industry leaders are redefining finance by shifting to data-driven ecosystems, dismantling traditional hierarchies in favor of decentralized squads, and aggressively recruiting AI talent from non-traditional sectors like genetics and physics. Major firms such as Credit Suisse and Citadel Securities are deploying automated compliance bots and real-time pricing engines to slash operational costs and achieve significant market share gains. While experts warn that US regulatory frameworks lag behind global competitors, the consensus predicts a workforce transformation toward high-value roles rather than net job losses, provided institutions successfully navigate the risks of over-reliance on algorithmic correlation.
- Milken Institute59 min
Asset Management Outlook
Kate Kelly, Steven Goulart, Nobel Gulati, David Hunt, Ron Mock, Ronald O'Hanley
Industry leaders from Two Sigma, PGIM, MetLife, and State Street convened to analyze the projected growth of global assets to $145 trillion by 2025 and the resulting strategic bifurcation between passive and active management. Participants detailed critical shifts in portfolio construction, noting a massive migration toward private assets and direct ownership by pension funds like Ontario Teachers' to overcome compressed public yields and liquidity constraints. The discussion further highlighted the urgent need for technological adaptation and specialized talent acquisition to navigate complex ESG mandates, AI capabilities, and regulatory changes threatening the traditional asset management ecosystem.
- Milken Institute56 min
Entrepreneurship, Leadership and Company Culture
Gayle King, Tim Armstrong, Tyler Perry, Jeremy Zimmer
Tim Armstrong, Jeremy Zimmer, and Tyler Perry discuss divergent leadership strategies that prioritize diversity, culture, and hiring criteria to drive organizational success. Armstrong enforces meeting diversity through immediate cancellations, Zimmer utilizes friction meetings to encourage honest feedback while warning against backlash from the Me Too movement, and Perry prioritizes staff spirit and places victims in leadership roles to ensure accountability. The leaders conclude by defining success through personal milestones like family relationships and confidence building, while predicting that sustainable cultures and direct coaching will better withstand future industry shifts.
- Milken Institute1h 1m
The Breckoning: The Endgame for Great Britain and Europe in 2019
Anatole Kaletsky, Peter Beyer, Sir Michael Hintze, AM, GCSG, Michał Krupiński, Lord Mandelson, Sir Michael Hintze
Former UK Cabinet Minister Lord Peter Mandelson, hedge fund manager Sir Michael Hintze, Bank Pico CEO Miho Krupinski, and German Federal Minister Peter Beyer convened to analyze the severe economic and political risks of the United Kingdom's planned departure from the European Union Single Market and Customs Union. The panelists highlighted a critical imbalance where the UK's service-dependent economy faces significant regulatory barriers while the country lacks the negotiating manpower to replicate existing trade agreements with non-EU nations. Despite the government's pursuit of full autonomy, the experts warned that diverging from EU standards will inevitably reduce national income, trigger job relocations, and likely force a legislative deadlock that could precipitate a second referendum or an unmanageable no-deal exit.
- Milken Institute59 min
The Future of Leadership and the Workforce in the Age of Prediction
Caroline Fairchild, Dave McKay, Mike McNamara, Igor Tulchinsky, Jeff Wong, Serena Ross, Nina Reese, Kathleen McCabe, Jeff Madgen
Executives from RBC, Flex, WorldQuant, and EY convened at the Milken Institute Global conference to challenge pessimistic workforce displacement forecasts, arguing that automation primarily drives productivity and creates demand for higher-skilled roles rather than eliminating jobs. These leaders outlined sector-specific adaptations where RBC migrated from physical branches to digital platforms, Flex deployed full-stack automation to manage complex manufacturing, and EY shifted training focus toward adaptability and grit. The panelists concluded that bridging the skills gap requires immediate reform of education systems to prioritize work-integrated learning, alongside organizational shifts toward agile structures to ensure workers can keep pace with rapid technological evolution.
- Milken Institute1h 1m
Cryptocurrencies: Irrational Exuberance or Brave New World?
Anna Irrera, Bill Barhydt, Alex Mashinsky, Brent McIntosh, Nouriel Roubini
Industry leaders and regulators convened to debate the viability of cryptocurrencies amidst extreme volatility, with Nouriel Roubini condemning the sector as the "mother of all bubbles" while Bill Barheit and Alex Mashinsky championed its potential as programmable money. The discussion highlighted a sharp regulatory divide, as U.S. Treasury official Brent McIntosh outlined strict anti-money laundering goals even as the SEC moves to classify most ICOs as securities. Ultimately, the panel agreed that while early retail investors suffered significant losses, the ecosystem is currently transitioning from a speculative phase toward utility-driven applications like the Lightning Network.
- Milken Institute1h 0m
Mr. Speaker: A Conversation With Paul Ryan
Paul Ryan, Conrad Kiechel, Brian Sullivan
Concluding the Milken Institute Global Conference, House Speaker Paul Ryan addressed political polarization, the structural hurdles of the Senate filibuster, and the administration's "Better Way" economic agenda centered on tax reform and infrastructure. While declining to run for president again to prioritize his family, Ryan detailed legislative successes in aviation and veterans' affairs while warning that a split government following the 2018 midterms would result in dangerous gridlock. The interview further highlighted his strategies for addressing entitlement costs, labor market mismatches, and trade uncertainties, emphasizing that securing economic security is the most effective remedy for identity-based division.