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Lunch Program | Part 1: Well-being in the Digital Era | Part 2: The New Age of Consumerism

Wednesday, February 12, 2020
Lunch Program | Part 1: Well-being in the Digital Era | Part 2: The New Age of Consumerism
2020 Milken Institute MEA Summit
2020 Milken Institute MEA Summit

Lunch Program | Part 1: Well-being in the Digital Era | Part 2: The New Age of Consumerism

Wednesday, February 12, 2020
1:00 PM - 2:30 PM
St. Regis Saadiyat Island - Ballroom B

Part 1: Well-being in the Digital Era

The usage of internet and mobile communication technologies has led to a shift in the way humans interact with one another. The smartphone, for example, has allowed us to produce a narrative of our lives, and has given us the means by which to share that narrative with the world, at the touch of a button. This shift in social interaction has in turn changed the way brands communicate with their customer base, working with influencers to promote their products, and at the same time allowing influencers to become their own brands. What effects has this shift had on our individual and collective well-being? How has the concept of instant gratification, associated with instant likes and comments, impacted our psyche? Is there a ‘mindful’ way to engage with social media as a tool for positive outcome?

Although the study of online social interactions at this level is at fairly early stages, what have we been able to observe thus far?

Join Deepak Chopra, leading mental wellness expert, and Paris Hilton, one of the world’s first social media influencers, in a discussion about the evolution of social interaction in the digital age and its impact on well-being.

  • Moderator Louise Tabbiner, Senior Advisor, Business and Program Development, Milken Institute
  • Speaker Deepak Chopra, Founder, The Chopra Foundation and Chopra Global
  • Speaker Paris Hilton, CEO, Paris Hilton Entertainment

Part 2: The New Age of Consumerism

The digital era of consumerism is taking hold and the paradigms that consumers and businesspeople have worked with for more than a century are being steadily eroded. No longer can brands and retailers dictate the path to purchase, the choices available to consumers, or the terms of engagement in a customer's world of one-click convenience and connection. Companies that will succeed and enjoy the rewards of this new era are those whose leaders aren't afraid to defy old paradigms, take calculated risks, and—above all—go first. The surest way to survive disruption in a market is to be the cause of the disruption.

  • Moderator Dan Murphy, Anchor, CNBC International
  • Speaker Mohammed Alshaya, Executive Chairman, M.H. Alshaya Co.
  • Speaker Mike Novogratz, Founder and CEO, Galaxy Digital