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Does California Need a New 'Myth'? - Paul Saffo

Complete video at: http://fora.tv/2010/07/13/Keeping_California_Competitive_in_a_Flat_World Futurist Paul Saffo warns that California's economy is "in danger of being destroyed by governmental gridlock." He boils California's history down to a series of myths ranging from the gold rush to Silicon Valley, and proposes that California needs a new myth to cure its "deep cultural malaise." ----- How can California remain economically competitive with the eager, talented and educated middle classes emerging in China, India and elsewhere? How can the California Dream be prevented from turning into a California Nightmare? Gold drove the first economic boom, and information technology fostered California's most recent revolution of jobs and growth. What will be next? As the world becomes flat, globalization presents challenges. Will Californians innovate their way out? Prominent Californians (including a world-renowned economist, urban analyst and business innovators) discuss the issues challenging the state's business environment and provide insight into what must be done to ensure economic success. Paul Saffo is a forecaster and strategist with over two decades experience exploring long-term technological change and its practical impact on business and society. Saffo is Chairman of the Samsung Science Board, and serves on a variety of other boards and advisory panels, including the Stanford Advisory Council on Science, Technology and Society, and the Long Now Foundation, as well as the boards of several public and pre-public companies located the United States and abroad. He is also a Fellow of the Royal Swedish Academy of Engineering Sciences and has served as an advisor and Forum Fellow to the World Economic Forum, which in the late 1990s named Saffo one of its "100 Global Leaders For Tomorrow."
Length: 02:36

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