Based on work of Rasmussen [Ras03], we construct a concordance invariant associated to the knot Floer complex, and exhibit examples in which this invariant gives arbitrarily better bounds on the 4-ball genus than the Ozsv ́ath-Szab ́o τ invariant.

It is a great honor for me to be invited by Tsinghua University to talk today. Tsinghua has, in its history, made many contributions to mathematics. The two most famous mathematicians in modern Chinese history have both been closely related to Tsinghua University. One is Professor Hua Lo-Keng, the other is Prof essor Chern Shiing-Sheng. Especially since Professor Chern is my teacher, I feel proud to be able to say some words in the opening ceremony for the Center for Advanced Study. I chose the title of my talk also for this reason. Due to my critical comments, I have decided to spend most of my time in giving a general talk in English. The remainder of the talk will be in Chinese.

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The embedded cobordism category under study in this paper generalizes the category of conformal surfaces, introduced by G. Segal in [S2] in order to formalize the concept of field theories. Our main result identifies the homotopy type of the classifying space of the embedded$d$-dimensional cobordism category for all$d$. For$d$= 2, our results lead to a new proof of the generalized Mumford conjecture, somewhat different in spirit from the original one, presented in [MW].