Michio Kaku: Predictions on the Future

In the future, we will access the internet through our contact lens, according to Dr. Michio Kaku, a theoretical physicist and futurist, speaker at the 2012 Credit Suisse Private Banking USA Entrepreneur Summit.

Tell us a little bit about what we can expect in the next 20 years.
Michio Kaku: Science is the engine of prosperity. Look at all the fantastic wealth that we see around us: wealth from computer chips, iPods, iPads, GPS satellites and lasers. All this wealth comes from science – that’s where entrepreneurship comes in. Entrepreneurs are the rocket fuel for the engine of this prosperity.

How should entrepreneurs think differently about their businesses as they go forward?
Telecommunications is one area entrepreneurs should think about – the computer revolution has not yet peaked yet. Then biotechnology – in future we will have a human body shop where we can order different organs. We will also have the internet in our contact lens, we will simply blink and be on line. When I see your face, I’ll see your biography next to your name. And if you interview me in Chinese, no problem, I’ll see subtitles underneath your name.

What are best practices for entrepreneurs going forward?
Getting together and having critical mass: when you bring a bunch of visionaries together who share their ideas, then they have the energy, the resources, the farsightedness to really take their ideas and make them into companies. The ideas then generate profit. That’s where progress comes from. Again, entrepreneurship is the rocket fuel of this engine, the engine is science and it generates wealth.

Upcoming Events

31st May 2012
SIX – ConventionPoint, Zurich

PIP Investor Zurich

For the 5th consecutive year the PIP Investor Zurich Conference 2012 will feature contributions from senior investment specialists and major allocators, analysing current behaviour across financial markets. As downgrades and politics continue to implicate the growing concerns in Europe, we evaluate to what extent will the impact of inflationary pressure have on global bond and commodity portfolios? 

With unprecedented volatility in equity markets, are traditional investment techniques still appropriate for institutional investors and does diversifying a portfolio really work in today’s financial markets? Our experts will evaluate whether the Swiss franc is likely to get stronger and what lessons have hedge fund managers learnt from the previous crisis? All this and more from this year’s PIP Investor Zurich conference. 
Alongside the main conference will feature a host of interactive workshops, dedicated exclusively to a number of timely investment strategies

PIP Investor Zurich

25th September
SIX – ConventionPoint, Zurich

Global ETPs delivered total AUM growth of $191.1bn so far in 2012 driven by $66.0bn of inflows and $125.1bn of favourable market and exchange rate movements. Fixed income was the top asset gathering category for the year with $25.5bn or 39% of total net new assets. North America Equity attracted $21.6bn YTD or 33% of total ETP inflows. Europe equity ETPs relinquished ($5.9bn) YTD concentrated in April outflows from German DAX products.* 

This ETF seminar will provide a dedicated and educational platform, offering professionals a concise and timely insight into the latest themes and topics concerning the ETF landscape. 

As the industry continues to evolve, professional investors are challenged with new themes concerning the ETF landscape. The seminar will elaborate on topics concerning ETF product innovation, optimum strategies for portfolio implementation, due diligence of ETPs, as well as looking at regulatory developments by ESMA.