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NOTE: Audio clears up at the 8:20 mark Part 1 of a conference lecture given by Leonard Susskind on Holographic Cosmology. The holographic principle provides an extraordinary new picture of quantum gravity and the universe. Ideas are gradually beginning to take shape on how concepts like holography (and other deep insights uncovered in the past two decades) may lead to new fundamental principles for cosmology. Undoubtedly new insights will emerge on long-standing fundamental issues in cosmology: the nature of the big-bang, the initial conditions and fate of the universe. However, these new approaches will most likely lead us in new directions and allow us to formulate the "right" questions. This informal workshop will bring together leading researchers working in cosmology, string theory and quantum gravity to exchange ideas on recent progress and discuss promising future directions.