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[bright music]
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♪ ♪
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[cell phone trilling]
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- Hi, honey. It's me.
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[indistinct chatter]
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- 80 million people in the
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country now have cell phones.
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They're no longer
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a high-price luxury.
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- Today, Apple is
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going to reinvent the phone.
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- To Google means to
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find out all there is to know.
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- How many friends
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do you officially have now?
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- 175 million.
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- So within four degrees of me
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are 700,000 people.
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- Who is Barack Obama?
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The answers is right there
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on my Facebook page.
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- If you like hilarious,
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shocking,
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embarrassing videos...
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- I like turtles.
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- Chances are, you spend
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a lot of time on YouTube.
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- [sobbing]
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Leave Britney alone!
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- What we're creating is a
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stage for everyone to be seen.
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- We're in a very
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wonderful time right now
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where the innovations really
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are driving the technology
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right into the center
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of our lives.
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- This should be simpler,
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more powerful, faster.
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- Of course,
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the big story tonight is...
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I have an iPad.
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[cheers and laughter]
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[dramatic music]
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♪ ♪
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♪ ♪
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- In focus tonight,
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the communication innovations
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that await us as we
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head into the 21st century.
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[whooshing]
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[bubbling]
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- We're in for the
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communications ride
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of our lives.
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The coming years
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see cell phones
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small enough to
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hide in your pocket,
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the promise of video phones
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is coming true,
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tiny, hand-sized computers
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that know your
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favorite subjects,
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and Internet everywhere.
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[bright music]
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- There have been
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technology revolutions
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in human history before,
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but I think this one
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has been incredibly compressed
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in how fast it happened,
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how one thing
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led to the next thing,
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led to the next thing,
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and how quickly
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it began to penetrate
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all parts of our culture.
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- This is my TiVo.
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It automatically finds and
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records our favorite shows.
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- TiVo, really, the DVR,
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was time-shifting.
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- I don't have time to
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watch silly things on TV.
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That's why I got TiVo.
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- The notion of living a
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digital life began to take hold
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on multiple levels of society.
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- There's little doubt that
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the ubiquitous Blackberrys
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become a vital tool
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in offices,
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in news rooms,
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and in governments.
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- It's a wireless
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information device
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and, of course,
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it does email.
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- Got it, and how reliable
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is the service?
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Can you get it--
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use it anywhere?
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- This is an amazing tool,
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actually.
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I use this
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all over the country.
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- The BlackBerry was
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the most amazing,
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magical invention in the
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history of things you can buy.
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- And I'll tell you this.
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People here at CNN are
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so addicted to them,
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they jokingly refer
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to them as CrackBerrys.
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- The early 2000s was a time
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where people were really
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paying very close attention
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to new technology
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and the Internet.
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- At the dawn
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of the Internet age,
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there is stunning new evidence
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of the growing power
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of the new medium.
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Internet pioneer,
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America Online,
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announced today it is buying
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big, sprawling Time Warner,
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creating the world's
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largest media conglomerate.
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[cheers and applause]
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- The AOL-Time Warner merger
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was the classic .com insanity.
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- $160 billion--
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the biggest
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corporate takeover ever.
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- This merger will launch the
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next Internet revolution.
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- The merger of Time Warner
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and AOL wasn't really a merger.
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It was a purchase.
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- I am struck by this image
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today of the upstart AOL
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gobbling up this media
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institution, Time Warner.
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Shouldn't it be
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the other way around?
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- Well, you know,
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it's sort of startling that
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a company that
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couldn't even buy beer
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is now buying one of the oldest
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media companies in the country
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that took a century
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to get this big.
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- We're just
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scratching the surface
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in terms of how great
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these products can become.
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Whether it's the Internet,
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the way you communicate
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with people--
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software is in its early stage.
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There's some real advances
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that are gonna make
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a big difference.
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- Microsoft, in the
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beginning of the decade,
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with their operating system
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and their productivity software
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was still very, very strong.
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- Microsoft chairman,
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Bill Gates,
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calls Windows XP
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the most important tool
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that's ever been created.
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- At the time,
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Microsoft was 33 times
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larger than Apple.
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Apple was seen as
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a second or even third-tier
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technology player that
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had essentially lost the way.
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- We have a 5% market share,
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and you could say,
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you know, that doesn't
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sound like too much,
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but we look at it as saying
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kinda five down, 95 to go.
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- In 2000,
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Steve Jobs was just trying
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to save Apple from death.
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- Apple computer
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chief executive Steve Jobs
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is rolling out new products
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he hopes will reinvigorate the
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company and its bottom line.
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- The thing about Steve Jobs
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that differentiates him
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from Bill Gates is
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he wasn't a programmer,
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he wasn't an engineer,
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and he wasn't a designer.
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But he knew enough about
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programming and engineering,
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and he had enough just
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innate design sense
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that he was
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the perfect curator.
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- No stranger to
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innovation, Apple,
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the company that brought you
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the personal computer,
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is opening stores
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across the country.
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This'll be Apple's first
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venture into direct retail,
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a bold move in this
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pretty sluggish economy.
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Now, the question remains--
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if Apple builds them,
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will customers come?
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[cheers and applause]
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- The common wisdom on
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the Apple retail stores
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was that it was a stupid idea
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that would fail.
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Plenty of computer companies
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had tried it.
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Dell had stores.
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Gateway had stores.
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Nobody went to them.
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It was just an
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exercise in vanity.
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But this concept of open,
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airy places where they
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weren't gonna try to
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sell you stuff, but instead,
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you could ask questions
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about your Apple products,
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you could see demonstrations,
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you could get
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your hands on them
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is just an unbelievably
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different approach to retail.
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And once again,
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Steve Jobs figured it out.
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- What began the process
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of taking Apple
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from a niche player
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to a leader that
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everyone had to race
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to catch up to--
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even Microsoft--
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was the iPod.
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- Boom.
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That's the iPod.
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I happen to have one right
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here in my pocket, my friends.
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[laughter]
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There it is, right there.
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[applause]
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- The iPod was a classic
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Apple device, you know?
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A chrome-mirrored back,
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a pure white acrylic front,
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that famous click wheel for
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dialing through
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lists and stuff--
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it was the first mp3 player
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that really worked
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and was so easy to use
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that you developed this
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instant sense of mastery.
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You're like,
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"I'm good at this."
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[iPod wheel clicking]
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[electronic music]
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- Oh, my God,
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I could not believe that
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this little,
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heavy-ass box
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with this wheel
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on the front of it
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could hold all of this music,
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and I could actually
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take my music with me.
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- Everybody would
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have their CDs,
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and then that iPod came
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and we just
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chased that thing down
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immediately, right?
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This is gonna change our lives.
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It did.
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- I'm one of these people
299
00:07:37,333 --> 00:07:38,666
who walks around with
300
00:07:38,666 --> 00:07:40,625
these things in constantly,
301
00:07:38,666 --> 00:07:40,625
can't take it off.
302
00:07:40,625 --> 00:07:44,958
- The iPod itself had to be
303
00:07:40,625 --> 00:07:44,958
loaded using a computer
304
00:07:45,041 --> 00:07:47,666
from music that you got
305
00:07:45,041 --> 00:07:47,666
from other means--
306
00:07:47,750 --> 00:07:51,833
you ripped from your CDs,
307
00:07:47,750 --> 00:07:51,833
or you downloaded illegally.
308
00:07:51,833 --> 00:07:56,000
So, Jobs' next idea was,
309
00:07:51,833 --> 00:07:56,000
"Let's have an online store
310
00:07:56,000 --> 00:07:59,125
where you can
311
00:07:56,000 --> 00:07:59,125
buy these things legally."
312
00:07:59,208 --> 00:08:01,500
- We decided, since
313
00:07:59,208 --> 00:08:01,500
no one else was doing this,
314
00:08:01,500 --> 00:08:03,041
that we were gonna do it.
315
00:08:03,125 --> 00:08:05,208
And we started about
316
00:08:03,125 --> 00:08:05,208
a year and a half ago
317
00:08:05,208 --> 00:08:09,375
to create a music store--
318
00:08:05,208 --> 00:08:09,375
music downloads done right.
319
00:08:09,375 --> 00:08:12,000
- Apple knew exactly
320
00:08:09,375 --> 00:08:12,000
what it was doing.
321
00:08:12,083 --> 00:08:16,333
This was not about simply
322
00:08:12,083 --> 00:08:16,333
moving units of hardware.
323
00:08:16,333 --> 00:08:18,166
This, for them,
324
00:08:16,333 --> 00:08:18,166
was the beginning
325
00:08:18,166 --> 00:08:22,666
of a multi-faceted approach
326
00:08:18,166 --> 00:08:22,666
at dominating how we,
327
00:08:22,750 --> 00:08:25,666
the world,
328
00:08:22,750 --> 00:08:25,666
would consume technology.
329
00:08:25,750 --> 00:08:27,333
- The most important thing
330
00:08:25,750 --> 00:08:27,333
though, I think,
331
00:08:27,416 --> 00:08:29,208
is what do you do
332
00:08:27,416 --> 00:08:29,208
with these things?
333
00:08:29,291 --> 00:08:32,833
Can we help you express
334
00:08:29,291 --> 00:08:32,833
yourself in richer ways
335
00:08:32,916 --> 00:08:35,250
in your music,
336
00:08:32,916 --> 00:08:35,250
in your movies,
337
00:08:35,333 --> 00:08:37,000
in your photography,
338
00:08:37,083 --> 00:08:39,250
and these kinds of things
339
00:08:37,083 --> 00:08:39,250
that people want to do.
340
00:08:40,125 --> 00:08:41,666
- NBC News In Depth tonight--
341
00:08:41,750 --> 00:08:43,708
more on this dark day
342
00:08:41,750 --> 00:08:43,708
on Wall Street
343
00:08:43,791 --> 00:08:46,416
and this week's
344
00:08:43,791 --> 00:08:46,416
technology sector meltdown.
345
00:08:46,500 --> 00:08:48,041
It was just a few months back.
346
00:08:48,041 --> 00:08:51,208
If your company ended in .com,
347
00:08:48,041 --> 00:08:51,208
it was a good thing.
348
00:08:51,208 --> 00:08:53,750
It meant enormous wealth
349
00:08:51,208 --> 00:08:53,750
in many cases--
350
00:08:53,750 --> 00:08:55,250
at least, on paper.
351
00:08:55,250 --> 00:08:57,541
But at the end of this
352
00:08:55,250 --> 00:08:57,541
brutal week on Wall Street,
353
00:08:57,625 --> 00:08:59,458
a lot of analysts think
354
00:08:57,625 --> 00:08:59,458
the Internet bubble
355
00:08:59,541 --> 00:09:02,208
is ready to burst and
356
00:08:59,541 --> 00:09:02,208
by this time next year,
357
00:09:02,208 --> 00:09:04,416
a huge number of those .coms
358
00:09:04,416 --> 00:09:07,041
might be .gone.
359
00:09:07,125 --> 00:09:09,041
- In the spring of 2000,
360
00:09:09,125 --> 00:09:12,541
the stock market starts
361
00:09:09,125 --> 00:09:12,541
to decline slowly and then
362
00:09:12,625 --> 00:09:15,416
it's like a mass extinction
363
00:09:12,625 --> 00:09:15,416
event in Silicon Valley.
364
00:09:15,416 --> 00:09:17,583
- Some investors are
365
00:09:15,416 --> 00:09:17,583
licking their wounds today
366
00:09:17,666 --> 00:09:19,083
after a number
367
00:09:17,666 --> 00:09:19,083
of Internet stocks
368
00:09:19,166 --> 00:09:20,583
took a hit on Wall Street,
369
00:09:20,583 --> 00:09:22,916
as reports of layoffs
370
00:09:20,583 --> 00:09:22,916
at .com companies
371
00:09:23,000 --> 00:09:25,416
and doubts about their ability
372
00:09:23,000 --> 00:09:25,416
to generate profit spread.
373
00:09:25,416 --> 00:09:26,750
- They'll tell you one thing.
374
00:09:26,750 --> 00:09:28,083
"Well,
375
00:09:26,750 --> 00:09:28,083
everything will be fine.
376
00:09:28,083 --> 00:09:29,666
We're just going
377
00:09:28,083 --> 00:09:29,666
through transitions."
378
00:09:29,750 --> 00:09:32,083
The next week,
379
00:09:29,750 --> 00:09:32,083
we're downsizing.
380
00:09:32,083 --> 00:09:33,416
The next week,
381
00:09:32,083 --> 00:09:33,416
we're closing.
382
00:09:33,500 --> 00:09:34,916
- Once we started
383
00:09:33,500 --> 00:09:34,916
seeing a sell-off,
384
00:09:35,000 --> 00:09:38,500
even companies that survived--
385
00:09:35,000 --> 00:09:38,500
eBay, Amazon--
386
00:09:38,583 --> 00:09:39,625
they all suffered.
387
00:09:39,625 --> 00:09:42,250
- Amazon.com CEO
388
00:09:39,625 --> 00:09:42,250
Jeff Bezos--
389
00:09:42,250 --> 00:09:44,583
his company's
390
00:09:42,250 --> 00:09:44,583
stock price tumbling
391
00:09:44,583 --> 00:09:48,750
from $113 a share
392
00:09:44,583 --> 00:09:48,750
to less than $16 today.
393
00:09:48,750 --> 00:09:50,916
- It's not the kind of stock
394
00:09:48,750 --> 00:09:50,916
that you can own
395
00:09:50,916 --> 00:09:53,291
and sleep well if
396
00:09:50,916 --> 00:09:53,291
you're a small investor--
397
00:09:53,375 --> 00:09:54,625
and I think, by the way,
398
00:09:54,708 --> 00:09:56,291
that's true of
399
00:09:54,708 --> 00:09:56,291
all Internet stocks.
400
00:09:56,375 --> 00:09:57,625
- There are plenty of people
401
00:09:56,375 --> 00:09:57,625
that said,
402
00:09:57,708 --> 00:09:59,166
"This is just a dip.
403
00:09:57,708 --> 00:09:59,166
Buy the dips.
404
00:09:59,250 --> 00:10:00,625
This is gonna come back."
405
00:10:00,708 --> 00:10:03,833
I think by the spring of 2001,
406
00:10:00,708 --> 00:10:03,833
it was pretty clear that--
407
00:10:03,916 --> 00:10:05,208
that this was over.
408
00:10:05,291 --> 00:10:08,291
all: Three, two, one.
409
00:10:08,291 --> 00:10:09,875
- We put this baby to bed.
410
00:10:09,958 --> 00:10:11,958
Shopping is now turned off.
411
00:10:09,958 --> 00:10:11,958
[soft applause]
412
00:10:12,041 --> 00:10:14,000
- We know there's a lot
413
00:10:12,041 --> 00:10:14,000
of pain to go around
414
00:10:14,083 --> 00:10:16,166
in terms of the stock market
415
00:10:14,083 --> 00:10:16,166
these days,
416
00:10:16,166 --> 00:10:18,125
but AOL stock has
417
00:10:16,166 --> 00:10:18,125
gotten beaten down
418
00:10:18,125 --> 00:10:20,333
even more than the
419
00:10:18,125 --> 00:10:20,333
rest of the market.
420
00:10:20,416 --> 00:10:22,125
- AOL and Time Warner
421
00:10:20,416 --> 00:10:22,125
was probably
422
00:10:22,125 --> 00:10:23,625
the worst deal in history.
423
00:10:23,708 --> 00:10:27,166
AOL didn't really
424
00:10:23,708 --> 00:10:27,166
control the Internet
425
00:10:27,166 --> 00:10:28,625
in the way that
426
00:10:27,166 --> 00:10:28,625
they claimed to.
427
00:10:28,625 --> 00:10:29,958
- Everything is a lot easier
428
00:10:28,625 --> 00:10:29,958
and the Internet
429
00:10:29,958 --> 00:10:31,291
is a lot more user-friendly.
430
00:10:31,291 --> 00:10:34,000
The Internet moved towards
431
00:10:31,291 --> 00:10:34,000
what AOL was doing.
432
00:10:34,000 --> 00:10:36,208
So now, what is
433
00:10:34,000 --> 00:10:36,208
AOL's unique selling point,
434
00:10:36,291 --> 00:10:39,541
and are you gonna pay $23.95
435
00:10:36,291 --> 00:10:39,541
a month extra for that?
436
00:10:39,625 --> 00:10:40,958
- [chuckles]
437
00:10:41,041 --> 00:10:42,291
I feel like my retirement's
438
00:10:42,375 --> 00:10:43,958
going up in smoke
439
00:10:42,375 --> 00:10:43,958
as we talk here.
440
00:10:43,958 --> 00:10:46,541
- The web was skyrocketing
441
00:10:43,958 --> 00:10:46,541
in popularity,
442
00:10:46,625 --> 00:10:48,500
and Internet users
443
00:10:46,625 --> 00:10:48,500
didn't wanna live
444
00:10:48,500 --> 00:10:50,750
in the walled garden
445
00:10:48,500 --> 00:10:50,750
of AOL services
446
00:10:50,833 --> 00:10:52,166
and all of its media content.
447
00:10:52,166 --> 00:10:53,833
They wanted to range around
448
00:10:52,166 --> 00:10:53,833
on the Internet
449
00:10:53,916 --> 00:10:55,541
and use new tools like Google.
450
00:10:55,625 --> 00:10:56,875
[keyboard clacking]
451
00:10:56,875 --> 00:10:59,416
- Searching for answers
452
00:10:56,875 --> 00:10:59,416
on Google.
453
00:10:59,500 --> 00:11:01,416
A quirky California company
454
00:11:01,500 --> 00:11:05,333
has transformed the way
455
00:11:01,500 --> 00:11:05,333
the world finds things out.
456
00:11:05,416 --> 00:11:08,250
- Early on in
457
00:11:05,416 --> 00:11:08,250
web search engine history,
458
00:11:08,333 --> 00:11:10,000
there were actually editors
459
00:11:10,000 --> 00:11:13,500
who were trying to make a list
460
00:11:10,000 --> 00:11:13,500
of all the good websites.
461
00:11:13,583 --> 00:11:16,000
And that's why Google's
462
00:11:13,583 --> 00:11:16,000
appearance on the scene
463
00:11:16,083 --> 00:11:17,333
changed everything.
464
00:11:17,416 --> 00:11:20,000
- Google scans over
465
00:11:17,416 --> 00:11:20,000
4 billion web pages
466
00:11:20,000 --> 00:11:22,208
for matching results.
467
00:11:20,000 --> 00:11:22,208
[keyboard clacking]
468
00:11:22,291 --> 00:11:24,208
Google chooses these results
469
00:11:24,291 --> 00:11:27,250
through a mix of looking
470
00:11:24,291 --> 00:11:27,250
for the closest word match
471
00:11:27,333 --> 00:11:29,375
and judging
472
00:11:27,333 --> 00:11:29,375
a page's relevance
473
00:11:29,375 --> 00:11:31,916
by counting how many
474
00:11:29,375 --> 00:11:31,916
other pages link to it.
475
00:11:31,916 --> 00:11:34,416
- Google came up with
476
00:11:31,916 --> 00:11:34,416
a simple algorithm
477
00:11:34,500 --> 00:11:37,208
and basically,
478
00:11:34,500 --> 00:11:37,208
it decides for itself
479
00:11:37,291 --> 00:11:39,041
which are the
480
00:11:37,291 --> 00:11:39,041
most important sites,
481
00:11:39,125 --> 00:11:41,375
the most likely sites to have
482
00:11:39,125 --> 00:11:41,375
the answer you're looking for.
483
00:11:41,458 --> 00:11:43,708
- That makes for
484
00:11:41,458 --> 00:11:43,708
a very efficient search,
485
00:11:43,708 --> 00:11:46,958
and word of how it works
486
00:11:43,708 --> 00:11:46,958
is getting around.
487
00:11:47,041 --> 00:11:49,708
- When you make
488
00:11:47,041 --> 00:11:49,708
a big leap like that,
489
00:11:49,708 --> 00:11:51,708
you immediately
490
00:11:49,708 --> 00:11:51,708
become the winner.
491
00:11:51,791 --> 00:11:54,541
- Obviously, everybody
492
00:11:51,791 --> 00:11:54,541
wants to be successful,
493
00:11:54,625 --> 00:11:56,250
but I want to be
494
00:11:54,625 --> 00:11:56,250
looked back on
495
00:11:56,250 --> 00:11:57,750
as making a big difference
496
00:11:56,250 --> 00:11:57,750
in the world.
497
00:11:57,833 --> 00:11:59,416
- Google's goal is to really
498
00:11:59,416 --> 00:12:01,375
organize the
499
00:11:59,416 --> 00:12:01,375
world's information
500
00:12:01,375 --> 00:12:04,416
and make it universally
501
00:12:01,375 --> 00:12:04,416
accessible and useful.
502
00:12:04,416 --> 00:12:07,208
- Larry and Sergey--
503
00:12:04,416 --> 00:12:07,208
they were idealistic.
504
00:12:07,291 --> 00:12:08,791
They loved what
505
00:12:07,291 --> 00:12:08,791
they were building,
506
00:12:08,875 --> 00:12:12,000
and they had this corporate
507
00:12:08,875 --> 00:12:12,000
motto of, "Don't be evil."
508
00:12:12,083 --> 00:12:13,666
- I guess it's your
509
00:12:12,083 --> 00:12:13,666
unofficial motto?
510
00:12:13,750 --> 00:12:15,750
"Don't be evil"?
511
00:12:13,750 --> 00:12:15,750
What does that mean?
512
00:12:15,750 --> 00:12:17,791
- The idea is just that
513
00:12:15,750 --> 00:12:17,791
we should be thinking about
514
00:12:17,875 --> 00:12:20,750
what we're doing all the time,
515
00:12:17,875 --> 00:12:20,750
and make sure that, you know,
516
00:12:20,750 --> 00:12:22,583
we're--we're doing good,
517
00:12:20,750 --> 00:12:22,583
basically.
518
00:12:22,583 --> 00:12:23,916
We thought it was
519
00:12:22,583 --> 00:12:23,916
really important as
520
00:12:24,000 --> 00:12:26,250
Google grows in scope and
521
00:12:24,000 --> 00:12:26,250
influence around the world
522
00:12:26,333 --> 00:12:29,458
to have a philanthropic
523
00:12:26,333 --> 00:12:29,458
part of the company.
524
00:12:29,541 --> 00:12:32,625
- The culture at Google
525
00:12:29,541 --> 00:12:32,625
was very freewheeling.
526
00:12:32,708 --> 00:12:34,291
Anyone could do anything.
527
00:12:34,291 --> 00:12:36,125
[billiard balls clacking]
528
00:12:36,125 --> 00:12:38,500
- Larry Page and
529
00:12:36,125 --> 00:12:38,500
Sergey Brin said,
530
00:12:38,583 --> 00:12:40,333
"Let's give them
531
00:12:38,583 --> 00:12:40,333
20% of their time.
532
00:12:40,416 --> 00:12:41,791
They can work on
533
00:12:40,416 --> 00:12:41,791
anything they want."
534
00:12:41,875 --> 00:12:44,083
- We put that link there.
535
00:12:41,875 --> 00:12:44,083
- It could be the first link.
536
00:12:44,083 --> 00:12:45,416
- You come here at
537
00:12:44,083 --> 00:12:45,416
9:00 in the morning,
538
00:12:45,500 --> 00:12:47,291
the parking lot's
539
00:12:45,500 --> 00:12:47,291
still half empty,
540
00:12:47,291 --> 00:12:49,250
and it's because
541
00:12:47,291 --> 00:12:49,250
it's up to the individual
542
00:12:49,250 --> 00:12:50,750
and the teams they work with
543
00:12:49,250 --> 00:12:50,750
to figure out
544
00:12:50,833 --> 00:12:53,500
what's the best way for them
545
00:12:50,833 --> 00:12:53,500
to work together.
546
00:12:53,500 --> 00:12:54,958
- You guys finished work?
547
00:12:54,958 --> 00:12:56,958
- No, we gonna go back.
548
00:12:54,958 --> 00:12:56,958
- We're gonna go back and work.
549
00:12:56,958 --> 00:12:59,625
- Gonna work till like 9:00.
550
00:12:56,958 --> 00:12:59,625
[laughter]
551
00:12:59,625 --> 00:13:03,125
- They really worked hard to
552
00:12:59,625 --> 00:13:03,125
create a community of people,
553
00:13:03,125 --> 00:13:05,208
but where they're interacting,
554
00:13:05,291 --> 00:13:07,958
and they're spurring
555
00:13:05,291 --> 00:13:07,958
each other's ideas.
556
00:13:07,958 --> 00:13:10,500
- If you give them freedom,
557
00:13:07,958 --> 00:13:10,500
they will amaze you.
558
00:13:10,500 --> 00:13:13,125
They'll surprise you with
559
00:13:10,500 --> 00:13:13,125
what they come up with.
560
00:13:13,125 --> 00:13:14,458
- The venture capital is that
561
00:13:14,458 --> 00:13:17,333
you need to bring in
562
00:13:14,458 --> 00:13:17,333
a professional CEO.
563
00:13:17,333 --> 00:13:19,125
You guys are geniuses,
564
00:13:19,208 --> 00:13:20,541
you're, you know,
565
00:13:19,208 --> 00:13:20,541
you have all these ideas,
566
00:13:20,625 --> 00:13:22,500
but you don't know
567
00:13:20,625 --> 00:13:22,500
how to manage anything.
568
00:13:22,583 --> 00:13:23,958
So they hired Eric Schmidt,
569
00:13:23,958 --> 00:13:25,541
and he became the
570
00:13:23,958 --> 00:13:25,541
grown-up in the room.
571
00:13:25,625 --> 00:13:29,500
- What's the one thing
572
00:13:25,625 --> 00:13:29,500
each of you worry about most?
573
00:13:29,583 --> 00:13:30,666
- In my case,
574
00:13:29,583 --> 00:13:30,666
Larry and Sergey.
575
00:13:30,750 --> 00:13:32,500
No, just kidding...
576
00:13:30,750 --> 00:13:32,500
[laughs]
577
00:13:32,500 --> 00:13:34,750
Go ahead.
578
00:13:34,833 --> 00:13:37,500
- Eric and Larry.
579
00:13:34,833 --> 00:13:37,500
[laughter]
580
00:13:37,500 --> 00:13:40,208
- I don't think any of us
581
00:13:37,500 --> 00:13:40,208
expected Google
582
00:13:40,291 --> 00:13:43,875
to become as big and
583
00:13:40,291 --> 00:13:43,875
as dominant as they did.
584
00:13:43,958 --> 00:13:46,208
- Google has become
585
00:13:43,958 --> 00:13:46,208
more than a verb.
586
00:13:46,208 --> 00:13:48,041
It's become part
587
00:13:46,208 --> 00:13:48,041
of our culture.
588
00:13:48,041 --> 00:13:51,041
- One day you're using Yahoo!
589
00:13:48,041 --> 00:13:51,041
to search things,
590
00:13:51,125 --> 00:13:53,666
and then who even knows
591
00:13:51,125 --> 00:13:53,666
how you changed,
592
00:13:53,666 --> 00:13:55,833
and then you started using
593
00:13:53,666 --> 00:13:55,833
Google, and this was so easy.
594
00:13:55,916 --> 00:13:58,666
- It came up Yahoo.
595
00:13:55,916 --> 00:13:58,666
Why did you switch to Google?
596
00:13:58,750 --> 00:14:00,583
- 'Cause I picked Google
597
00:13:58,750 --> 00:14:00,583
all the time
598
00:14:00,666 --> 00:14:03,208
when I look for something.
599
00:14:00,666 --> 00:14:03,208
I don't know why.
600
00:14:03,291 --> 00:14:06,041
- That one decision--
601
00:14:03,291 --> 00:14:06,041
"I'm gonna Google it"--
602
00:14:06,125 --> 00:14:09,208
every individual who made it
603
00:14:06,125 --> 00:14:09,208
contributed to a
604
00:14:09,208 --> 00:14:11,375
multi-billion dollar decision.
605
00:14:11,375 --> 00:14:13,708
- Now this privately-owned,
606
00:14:11,375 --> 00:14:13,708
popular search engine
607
00:14:13,708 --> 00:14:16,208
is going public,
608
00:14:13,708 --> 00:14:16,208
and you can buy a piece of it.
609
00:14:16,208 --> 00:14:17,750
The company announced
610
00:14:16,208 --> 00:14:17,750
it will be selling
611
00:14:17,750 --> 00:14:21,750
$2.7 billion in stock in
612
00:14:17,750 --> 00:14:21,750
the most highly-anticipated
613
00:14:21,750 --> 00:14:23,916
initial public offering
614
00:14:21,750 --> 00:14:23,916
in years.
615
00:14:23,916 --> 00:14:25,708
- If the IPO of Google
616
00:14:23,916 --> 00:14:25,708
goes well,
617
00:14:25,708 --> 00:14:28,208
that could open the door
618
00:14:25,708 --> 00:14:28,208
for a lot of other IPOs.
619
00:14:28,291 --> 00:14:29,708
- In the early 2000s,
620
00:14:29,708 --> 00:14:33,208
Silicon Valley was recovering
621
00:14:29,708 --> 00:14:33,208
from the .com bust.
622
00:14:33,291 --> 00:14:35,083
It was a wasteland.
623
00:14:35,166 --> 00:14:38,041
But Google going public
624
00:14:35,166 --> 00:14:38,041
changed that,
625
00:14:38,125 --> 00:14:40,958
and you really saw the
626
00:14:38,125 --> 00:14:40,958
rebirth of Silicon Valley.
627
00:14:41,041 --> 00:14:44,125
- I think their story
628
00:14:41,041 --> 00:14:44,125
reminds us of
629
00:14:44,208 --> 00:14:45,625
the magic of the Internet.
630
00:14:45,708 --> 00:14:49,208
And that magic is
631
00:14:45,708 --> 00:14:49,208
that an underdog...
632
00:14:49,291 --> 00:14:50,708
[laughing]
633
00:14:49,291 --> 00:14:50,708
Can become an overlord.
634
00:14:52,083 --> 00:14:55,250
- Even if you were somewhat
635
00:14:52,083 --> 00:14:55,250
Internet-savvy only,
636
00:14:55,333 --> 00:14:57,458
you may not know
637
00:14:55,333 --> 00:14:57,458
about Friendster.
638
00:14:57,541 --> 00:14:58,916
It is one of the
639
00:14:57,541 --> 00:14:58,916
fastest-growing sites
640
00:14:59,000 --> 00:15:00,250
on the Internet,
641
00:15:00,333 --> 00:15:03,250
with millions of
642
00:15:00,333 --> 00:15:03,250
registered users so far.
643
00:15:03,333 --> 00:15:04,750
Why so popular?
644
00:15:04,750 --> 00:15:06,875
Because it shows the world
645
00:15:04,750 --> 00:15:06,875
is not such a big
646
00:15:06,958 --> 00:15:08,583
and unfriendly place after all.
647
00:15:08,666 --> 00:15:10,250
[bright music]
648
00:15:10,333 --> 00:15:12,791
- Social media didn't exist
649
00:15:10,333 --> 00:15:12,791
in the '90s at all.
650
00:15:12,875 --> 00:15:17,208
It really started in
651
00:15:12,875 --> 00:15:17,208
the 2000s with Friendster.
652
00:15:17,208 --> 00:15:18,583
- We've all heard that
653
00:15:18,583 --> 00:15:20,458
everybody on Earth is
654
00:15:18,583 --> 00:15:20,458
connected, but now,
655
00:15:20,541 --> 00:15:22,708
there's a website
656
00:15:20,541 --> 00:15:22,708
called Friendster.
657
00:15:22,791 --> 00:15:25,708
- It's a new Internet service
658
00:15:22,791 --> 00:15:25,708
that people can access for free
659
00:15:25,708 --> 00:15:27,125
at our website at
660
00:15:25,708 --> 00:15:27,125
Friendster.com that
661
00:15:27,208 --> 00:15:29,916
allows people to network online
662
00:15:27,208 --> 00:15:29,916
with their friends.
663
00:15:29,916 --> 00:15:33,750
- So within four degrees of me
664
00:15:29,916 --> 00:15:33,750
are 700,000 people...
665
00:15:33,750 --> 00:15:35,750
[laughs]
666
00:15:33,750 --> 00:15:35,750
That's crazy.
667
00:15:35,750 --> 00:15:38,041
- There are 2 million people
668
00:15:35,750 --> 00:15:38,041
on this site.
669
00:15:38,041 --> 00:15:40,625
What you do is you put in
670
00:15:38,041 --> 00:15:40,625
bios of yourself,
671
00:15:40,625 --> 00:15:42,291
and pictures of your friends.
672
00:15:42,375 --> 00:15:45,291
And then you look to see
673
00:15:42,375 --> 00:15:45,291
who is connected to whom.
674
00:15:45,375 --> 00:15:47,500
- Social media relies on this
675
00:15:47,583 --> 00:15:50,666
really ingenious premise
676
00:15:47,583 --> 00:15:50,666
called, "web 2.0."
677
00:15:50,750 --> 00:15:52,250
And what that means is that
678
00:15:52,250 --> 00:15:54,791
instead of the
679
00:15:52,250 --> 00:15:54,791
owner of the website
680
00:15:54,791 --> 00:15:56,750
composing the words
681
00:15:54,791 --> 00:15:56,750
and the pictures,
682
00:15:56,833 --> 00:15:58,916
we, the people, do that.
683
00:15:58,916 --> 00:16:01,500
- There are many social
684
00:15:58,916 --> 00:16:01,500
networking sites on the Web,
685
00:16:01,583 --> 00:16:03,291
but in just a year's time,
686
00:16:03,291 --> 00:16:06,125
Myspace.com has outpaced
687
00:16:03,291 --> 00:16:06,125
all the others.
688
00:16:06,125 --> 00:16:07,458
- Now, within Myspace,
689
00:16:07,458 --> 00:16:09,916
it's based on what
690
00:16:07,458 --> 00:16:09,916
your friends recommend,
691
00:16:10,000 --> 00:16:12,583
or what other Myspace
692
00:16:10,000 --> 00:16:12,583
members recommend.
693
00:16:12,666 --> 00:16:14,916
And that's how the
694
00:16:12,666 --> 00:16:14,916
discovery of content
695
00:16:14,916 --> 00:16:16,458
and culture is taking place.
696
00:16:16,458 --> 00:16:20,250
- This younger generation
697
00:16:16,458 --> 00:16:20,250
got that what was magical
698
00:16:20,250 --> 00:16:22,458
about the Internet
699
00:16:20,250 --> 00:16:22,458
was connection.
700
00:16:22,458 --> 00:16:25,333
- Myspace.com is now the
701
00:16:22,458 --> 00:16:25,333
fastest-growing site
702
00:16:25,416 --> 00:16:29,791
on the Web with 110 million
703
00:16:25,416 --> 00:16:29,791
monthly users worldwide.
704
00:16:29,791 --> 00:16:31,666
- You would log onto Myspace,
705
00:16:31,666 --> 00:16:34,625
and there were
706
00:16:31,666 --> 00:16:34,625
your top eight friends.
707
00:16:34,708 --> 00:16:37,708
And I remember there being
708
00:16:34,708 --> 00:16:37,708
drama between people about,
709
00:16:37,791 --> 00:16:39,708
"Why am I not in
710
00:16:37,791 --> 00:16:39,708
your top eight?"
711
00:16:39,791 --> 00:16:42,500
And everybody,
712
00:16:39,791 --> 00:16:42,500
no matter how lonely,
713
00:16:42,500 --> 00:16:45,708
had at least one friend--Tom.
714
00:16:45,791 --> 00:16:47,958
- How many friends
715
00:16:45,791 --> 00:16:47,958
do you officially have now?
716
00:16:47,958 --> 00:16:49,958
- I think we're up to
717
00:16:47,958 --> 00:16:49,958
175 million.
718
00:16:50,041 --> 00:16:51,500
- For your official friends?
719
00:16:50,041 --> 00:16:51,500
- Yeah.
720
00:16:51,583 --> 00:16:54,208
- I think that because Myspace
721
00:16:51,583 --> 00:16:54,208
allows people to be anonymous,
722
00:16:54,291 --> 00:16:56,625
it's also more open to people
723
00:16:54,291 --> 00:16:56,625
who are a little bit weird,
724
00:16:56,625 --> 00:16:57,958
a little bit different,
725
00:16:56,625 --> 00:16:57,958
a little bit--
726
00:16:57,958 --> 00:17:01,333
maybe who want to play games
727
00:16:57,958 --> 00:17:01,333
with their identity.
728
00:17:01,333 --> 00:17:02,916
- Move over, Myspace.
729
00:17:03,000 --> 00:17:05,208
College students across
730
00:17:03,000 --> 00:17:05,208
the country are quote,
731
00:17:05,208 --> 00:17:07,208
"Facebooking their classmates."
732
00:17:07,291 --> 00:17:09,875
- Mark, if somebody was
733
00:17:07,291 --> 00:17:09,875
to put the question to you
734
00:17:09,958 --> 00:17:12,500
about the magnitude of what
735
00:17:09,958 --> 00:17:12,500
you think you've launched,
736
00:17:12,583 --> 00:17:16,208
how big do you think your
737
00:17:12,583 --> 00:17:16,208
product or your service is?
738
00:17:16,291 --> 00:17:18,208
- Well,
739
00:17:16,291 --> 00:17:18,208
it's impossible to tell.
740
00:17:18,208 --> 00:17:20,041
When we first launched,
741
00:17:18,208 --> 00:17:20,041
we were hoping for,
742
00:17:20,041 --> 00:17:22,375
you know,
743
00:17:20,041 --> 00:17:22,375
maybe 400, 500 people.
744
00:17:22,375 --> 00:17:23,875
And now we're at
745
00:17:22,375 --> 00:17:23,875
100,000 people.
746
00:17:23,958 --> 00:17:26,541
So, who knows where
747
00:17:23,958 --> 00:17:26,541
we're going next.
748
00:17:26,625 --> 00:17:29,583
- Mark Zuckerberg started
749
00:17:26,625 --> 00:17:29,583
this company when he was 19.
750
00:17:29,666 --> 00:17:31,583
The culture at Facebook
751
00:17:29,666 --> 00:17:31,583
was very bro-y.
752
00:17:31,666 --> 00:17:34,000
There were people
753
00:17:31,666 --> 00:17:34,000
in the Facebook offices
754
00:17:34,000 --> 00:17:35,750
doing keg stands
755
00:17:34,000 --> 00:17:35,750
and Mark Zuckerberg
756
00:17:35,833 --> 00:17:37,666
doing an interview
757
00:17:35,833 --> 00:17:37,666
in his bare feet.
758
00:17:37,666 --> 00:17:39,708
- Should I put the beer down?
759
00:17:37,666 --> 00:17:39,708
- No, no.
760
00:17:39,708 --> 00:17:41,041
Actually, I'm gonna
761
00:17:39,708 --> 00:17:41,041
mention the beer.
762
00:17:41,041 --> 00:17:43,333
[laughter]
763
00:17:41,041 --> 00:17:43,333
What are we celebrating, Mark?
764
00:17:43,333 --> 00:17:44,958
- I just got 3 million users.
765
00:17:45,041 --> 00:17:46,583
- 3 million users.
766
00:17:45,041 --> 00:17:46,583
- Yeah.
767
00:17:46,583 --> 00:17:48,250
- And how long has
768
00:17:46,583 --> 00:17:48,250
Facebook been around?
769
00:17:48,333 --> 00:17:50,625
- Not that long.
770
00:17:50,708 --> 00:17:52,208
A little more than a year.
771
00:17:52,208 --> 00:17:54,958
- This is a 19-year-old kid
772
00:17:52,208 --> 00:17:54,958
who had dropped out of school
773
00:17:55,041 --> 00:17:56,875
and was basically just
774
00:17:55,041 --> 00:17:56,875
trying to build something
775
00:17:56,875 --> 00:17:58,291
that college students
776
00:17:56,875 --> 00:17:58,291
would use.
777
00:17:58,375 --> 00:18:01,041
- I just threw it together
778
00:17:58,375 --> 00:18:01,041
one week in January
779
00:18:01,041 --> 00:18:02,750
and launched it for Harvard.
780
00:18:02,750 --> 00:18:05,208
- This was in your dorm room?
781
00:18:02,750 --> 00:18:05,208
- Yeah.
782
00:18:05,208 --> 00:18:07,125
- You launched Facebook
783
00:18:05,208 --> 00:18:07,125
in your dorm room?
784
00:18:07,208 --> 00:18:08,458
- Yeah.
785
00:18:08,541 --> 00:18:10,750
- There was something
786
00:18:08,541 --> 00:18:10,750
about Facebook that
787
00:18:10,833 --> 00:18:13,708
just took off like wildfire.
788
00:18:13,791 --> 00:18:15,458
[keyboard clacking]
789
00:18:13,791 --> 00:18:15,458
- For three years,
790
00:18:15,541 --> 00:18:17,625
the phenomenally popular
791
00:18:15,541 --> 00:18:17,625
website, Facebook,
792
00:18:17,708 --> 00:18:19,416
operated as a
793
00:18:17,708 --> 00:18:19,416
raucous college dorm,
794
00:18:19,500 --> 00:18:21,708
limited to those in school
795
00:18:19,500 --> 00:18:21,708
and recent graduates.
796
00:18:21,708 --> 00:18:23,041
But late last year,
797
00:18:23,041 --> 00:18:25,125
the gates were thrown open
798
00:18:23,041 --> 00:18:25,125
and older folks,
799
00:18:25,208 --> 00:18:27,583
people like, ah, me,
800
00:18:25,208 --> 00:18:27,583
were allowed in.
801
00:18:27,583 --> 00:18:30,458
- Facebook evolved into a way
802
00:18:27,583 --> 00:18:30,458
for you to keep in touch
803
00:18:30,541 --> 00:18:32,416
with all the people that
804
00:18:30,541 --> 00:18:32,416
you want to connect with.
805
00:18:32,416 --> 00:18:35,125
Essentially, you could describe
806
00:18:32,416 --> 00:18:35,125
the Internet in that same way.
807
00:18:35,208 --> 00:18:37,125
The real value is helping us
808
00:18:37,208 --> 00:18:39,000
to connect with each other
809
00:18:37,208 --> 00:18:39,000
more, virtually.
810
00:18:39,083 --> 00:18:40,958
- Do you have a budding
811
00:18:39,083 --> 00:18:40,958
entertainment star
812
00:18:40,958 --> 00:18:42,625
sitting at the breakfast table
813
00:18:40,958 --> 00:18:42,625
with you right now?
814
00:18:42,708 --> 00:18:44,125
Well, thousands of people
815
00:18:44,208 --> 00:18:46,291
are getting their
816
00:18:44,208 --> 00:18:46,291
15 minutes of fame
817
00:18:46,375 --> 00:18:49,458
thanks to a hot,
818
00:18:46,375 --> 00:18:49,458
new website called YouTube.
819
00:18:49,541 --> 00:18:51,166
- There are all these services
820
00:18:49,541 --> 00:18:51,166
to share photos
821
00:18:51,250 --> 00:18:53,125
with one another, but when we
822
00:18:51,250 --> 00:18:53,125
tried to share the videos,
823
00:18:53,208 --> 00:18:54,791
you know, we tried to
824
00:18:53,208 --> 00:18:54,791
email them back to one another,
825
00:18:54,875 --> 00:18:56,125
it kept bouncing back.
826
00:18:56,208 --> 00:18:57,791
And so, we thought
827
00:18:56,208 --> 00:18:57,791
a lot of people
828
00:18:57,875 --> 00:18:59,250
were gonna have
829
00:18:57,875 --> 00:18:59,250
this same problem.
830
00:18:59,333 --> 00:19:01,083
- Watching videos online
831
00:18:59,333 --> 00:19:01,083
was hard.
832
00:19:01,083 --> 00:19:02,416
Sometimes you didn't have
833
00:19:02,416 --> 00:19:03,833
the right plug-in
834
00:19:02,416 --> 00:19:03,833
to watch the video,
835
00:19:03,916 --> 00:19:06,416
and YouTube kind of
836
00:19:03,916 --> 00:19:06,416
ingeniously fixed all that.
837
00:19:06,500 --> 00:19:08,500
And it did it by
838
00:19:06,500 --> 00:19:08,500
just hosting the video.
839
00:19:08,500 --> 00:19:12,000
[dramatic music]
840
00:19:12,000 --> 00:19:13,833
- It was such a simple thing.
841
00:19:12,000 --> 00:19:13,833
"All right.
842
00:19:13,916 --> 00:19:17,166
Let's have a repository online
843
00:19:13,916 --> 00:19:17,166
where people can post videos."
844
00:19:17,250 --> 00:19:18,791
I think they just executed it
845
00:19:18,875 --> 00:19:20,458
a little better
846
00:19:18,875 --> 00:19:20,458
than anyone else.
847
00:19:20,541 --> 00:19:23,333
- What we're creating is a
848
00:19:20,541 --> 00:19:23,333
stage for everyone to be seen.
849
00:19:23,416 --> 00:19:26,333
- In other words...
850
00:19:26,416 --> 00:19:29,666
- And they benefitted
851
00:19:26,416 --> 00:19:29,666
from viral videos.
852
00:19:29,666 --> 00:19:31,666
- I can't do it.
853
00:19:31,750 --> 00:19:34,625
We'll do it live.
854
00:19:31,750 --> 00:19:34,625
- Okay.
855
00:19:34,708 --> 00:19:36,208
- We'll do it live!
856
00:19:34,708 --> 00:19:36,208
[bleep] it!
857
00:19:36,291 --> 00:19:39,708
- Suddenly, we can see
858
00:19:36,291 --> 00:19:39,708
into other people's lives
859
00:19:39,791 --> 00:19:42,333
in ways that never
860
00:19:39,791 --> 00:19:42,333
would've been possible before.
861
00:19:42,333 --> 00:19:43,625
- ♪ Chocolate rain ♪
862
00:19:43,708 --> 00:19:45,958
- ♪ Nu ma, nu ma,
863
00:19:43,708 --> 00:19:45,958
nu ma iei ♪
864
00:19:46,041 --> 00:19:47,791
- And it's not just
865
00:19:46,041 --> 00:19:47,791
each other's home movies...
866
00:19:47,875 --> 00:19:49,375
- Alan! Alan!
867
00:19:49,375 --> 00:19:50,750
Alan! Alan!
868
00:19:50,833 --> 00:19:52,208
- [screams]
869
00:19:52,208 --> 00:19:55,000
- It's each other's great
870
00:19:52,208 --> 00:19:55,000
moments of comedy or tragedy.
871
00:19:55,083 --> 00:19:56,916
- Stop.
872
00:19:57,000 --> 00:19:58,708
- Oh--
873
00:19:57,000 --> 00:19:58,708
[yelps]
874
00:19:58,791 --> 00:20:01,708
Ow, ow, ow, ow, oww, ow.
875
00:20:01,791 --> 00:20:03,041
- Oh no. Oh, dear.
876
00:20:01,791 --> 00:20:03,041
- Oh, boy.
877
00:20:03,125 --> 00:20:04,500
I think she's
878
00:20:03,125 --> 00:20:04,500
actually hurt there.
879
00:20:04,500 --> 00:20:06,250
- No, I think she is.
880
00:20:04,500 --> 00:20:06,250
- Yeah, she's hurt.
881
00:20:06,333 --> 00:20:09,541
- For a long time, the most
882
00:20:06,333 --> 00:20:09,541
viewed video on YouTube
883
00:20:09,541 --> 00:20:12,041
was a baby biting
884
00:20:09,541 --> 00:20:12,041
a three year old's finger.
885
00:20:12,125 --> 00:20:13,875
- Ow!
886
00:20:13,875 --> 00:20:15,208
[cries]
887
00:20:15,208 --> 00:20:18,666
Charlie, that really hurt.
888
00:20:22,000 --> 00:20:24,708
- [laughs]
889
00:20:25,500 --> 00:20:28,041
- A billion people
890
00:20:25,500 --> 00:20:28,041
watched that.
891
00:20:28,125 --> 00:20:32,041
- [laughs]
892
00:20:28,125 --> 00:20:32,041
Baby.
893
00:20:32,041 --> 00:20:34,541
- YouTube was kind of
894
00:20:32,041 --> 00:20:34,541
the primordial ooze
895
00:20:34,541 --> 00:20:37,250
from which some of the great,
896
00:20:37,333 --> 00:20:39,750
popular icons of
897
00:20:37,333 --> 00:20:39,750
Internet culture emerged.
898
00:20:39,833 --> 00:20:42,708
[Rick Astley's
899
00:20:39,833 --> 00:20:42,708
"Never Gonna Give You Up"]
900
00:20:42,791 --> 00:20:45,375
♪ ♪
901
00:20:45,375 --> 00:20:46,708
- You've been rickrolled.
902
00:20:46,708 --> 00:20:48,583
- It wasn't so much web 2.0.
903
00:20:48,666 --> 00:20:51,708
It was the beginning
904
00:20:48,666 --> 00:20:51,708
of world 2.0.
905
00:20:51,708 --> 00:20:53,750
- By the middle of the 2000s,
906
00:20:53,833 --> 00:20:56,041
we were dependent
907
00:20:53,833 --> 00:20:56,041
on the Internet
908
00:20:56,041 --> 00:20:58,083
like we were dependent on food.
909
00:20:58,166 --> 00:21:02,250
- How often are Kayla,
910
00:20:58,166 --> 00:21:02,250
Hailey, and Lonnie
911
00:21:02,250 --> 00:21:03,708
on the computer,
912
00:21:02,250 --> 00:21:03,708
on the cell phone,
913
00:21:03,791 --> 00:21:05,291
or texting?
914
00:21:03,791 --> 00:21:05,291
- [laughs softly]
915
00:21:05,375 --> 00:21:08,041
Yeah, the question should be,
916
00:21:05,375 --> 00:21:08,041
how often aren't they?
917
00:21:08,041 --> 00:21:10,916
- With the growing popularity
918
00:21:08,041 --> 00:21:10,916
of personal digital assistants,
919
00:21:10,916 --> 00:21:12,541
Blackberrys,
920
00:21:10,916 --> 00:21:12,541
and the ilk there,
921
00:21:12,625 --> 00:21:15,000
people can be reached
922
00:21:12,625 --> 00:21:15,000
anywhere, anytime.
923
00:21:15,083 --> 00:21:16,333
Is that a good thing?
924
00:21:16,416 --> 00:21:18,125
- All kinds of things
925
00:21:16,416 --> 00:21:18,125
have changed
926
00:21:18,208 --> 00:21:20,500
because of the smartphone.
927
00:21:20,583 --> 00:21:22,583
So, there are new rules.
928
00:21:22,666 --> 00:21:25,583
Are you allowed to have your
929
00:21:22,666 --> 00:21:25,583
phone at the dinner table?
930
00:21:25,583 --> 00:21:27,083
Should you be
931
00:21:25,583 --> 00:21:27,083
looking at your phone
932
00:21:27,083 --> 00:21:28,833
on the sidewalk
933
00:21:27,083 --> 00:21:28,833
on a busy street?
934
00:21:28,916 --> 00:21:30,166
People are looking
935
00:21:28,916 --> 00:21:30,166
at their cell phones
936
00:21:30,250 --> 00:21:31,500
while they're driving.
937
00:21:31,583 --> 00:21:33,833
- There is a price that
938
00:21:31,583 --> 00:21:33,833
you pay with respect
939
00:21:33,916 --> 00:21:36,250
to that accessibility and
940
00:21:33,916 --> 00:21:36,250
that is it's always there.
941
00:21:36,250 --> 00:21:38,958
It's always available.
942
00:21:36,250 --> 00:21:38,958
You never really unplug.
943
00:21:39,041 --> 00:21:40,583
- With all these
944
00:21:39,041 --> 00:21:40,583
new technologies,
945
00:21:40,666 --> 00:21:43,583
we've become a society
946
00:21:40,666 --> 00:21:43,583
of instant gratification.
947
00:21:43,583 --> 00:21:45,250
- I wanna download
948
00:21:43,583 --> 00:21:45,250
this movie now.
949
00:21:45,333 --> 00:21:47,833
I want this song now.
950
00:21:45,333 --> 00:21:47,833
I want to read the news now.
951
00:21:47,916 --> 00:21:49,625
- Instant gratification
952
00:21:47,916 --> 00:21:49,625
has changed
953
00:21:49,625 --> 00:21:51,583
our social etiquette too.
954
00:21:51,583 --> 00:21:54,458
We now unfriend people.
955
00:21:51,583 --> 00:21:54,458
We follow people.
956
00:21:54,458 --> 00:21:56,375
We write on their wall.
957
00:21:54,458 --> 00:21:56,375
[keyboard clacking]
958
00:21:56,458 --> 00:22:00,000
In the 90s,
959
00:21:56,458 --> 00:22:00,000
that was considered graffiti.
960
00:22:00,083 --> 00:22:01,500
- The more time people
961
00:22:01,583 --> 00:22:03,166
spend on the Internet
962
00:22:01,583 --> 00:22:03,166
in front of their computer,
963
00:22:03,166 --> 00:22:06,791
the less contact they have
964
00:22:03,166 --> 00:22:06,791
with other human beings.
965
00:22:06,791 --> 00:22:08,958
- Every new technology
966
00:22:06,791 --> 00:22:08,958
through history
967
00:22:09,041 --> 00:22:11,333
has been called the
968
00:22:09,041 --> 00:22:11,333
doomsday for our children.
969
00:22:11,333 --> 00:22:12,666
Our grandparents
970
00:22:11,333 --> 00:22:12,666
were told that
971
00:22:12,666 --> 00:22:14,041
the radio would
972
00:22:12,666 --> 00:22:14,041
rot their brains.
973
00:22:14,125 --> 00:22:16,500
Our parents were told that
974
00:22:14,125 --> 00:22:16,500
TV would rot their brains.
975
00:22:16,500 --> 00:22:18,625
We tell our kids that
976
00:22:16,500 --> 00:22:18,625
the Internet and their--
977
00:22:18,625 --> 00:22:20,458
their smartphones
978
00:22:18,625 --> 00:22:20,458
will rot their brains.
979
00:22:20,541 --> 00:22:21,791
It doesn't.
980
00:22:21,875 --> 00:22:23,500
So, things change,
981
00:22:23,583 --> 00:22:25,041
but that doesn't mean
982
00:22:23,583 --> 00:22:25,041
things are worse.
983
00:22:26,083 --> 00:22:27,625
- Hello.
984
00:22:26,083 --> 00:22:27,625
I'm a Mac.
985
00:22:27,708 --> 00:22:29,916
- And I'm a PC...
986
00:22:27,708 --> 00:22:29,916
[sneezes]
987
00:22:30,000 --> 00:22:31,250
- Gesundheit.
988
00:22:30,000 --> 00:22:31,250
You okay?
989
00:22:31,333 --> 00:22:33,791
- No, I have that virus
990
00:22:31,333 --> 00:22:33,791
that's going around.
991
00:22:33,791 --> 00:22:35,250
- During the 2000s,
992
00:22:35,333 --> 00:22:37,791
there was the long-running
993
00:22:35,333 --> 00:22:37,791
ad campaign of Apple that,
994
00:22:37,791 --> 00:22:39,458
"I'm a Mac.
995
00:22:37,791 --> 00:22:39,458
I'm a PC."
996
00:22:39,458 --> 00:22:43,125
And it was the cool versus the,
997
00:22:39,458 --> 00:22:43,125
you know, sort of anal.
998
00:22:43,125 --> 00:22:44,625
- I'm into doing
999
00:22:43,125 --> 00:22:44,625
fun stuff like movies,
1000
00:22:44,625 --> 00:22:46,166
music, podcasts,
1001
00:22:44,625 --> 00:22:46,166
stuff like that.
1002
00:22:46,250 --> 00:22:47,958
- I also do fun stuff
1003
00:22:46,250 --> 00:22:47,958
like timesheets
1004
00:22:47,958 --> 00:22:49,375
and spreadsheets
1005
00:22:47,958 --> 00:22:49,375
and pie charts.
1006
00:22:49,458 --> 00:22:52,833
- The idea was that PC
1007
00:22:49,458 --> 00:22:52,833
was stuck in its old ways
1008
00:22:52,833 --> 00:22:54,458
and corporate.
1009
00:22:54,458 --> 00:22:56,791
And that was the thing that
1010
00:22:54,458 --> 00:22:56,791
inflamed you when you watched.
1011
00:22:56,791 --> 00:22:59,458
I wanna be like Justin Long.
1012
00:22:56,791 --> 00:22:59,458
I wanna be like the Mac.
1013
00:22:59,541 --> 00:23:01,625
I wanna be fun
1014
00:22:59,541 --> 00:23:01,625
and young and hip.
1015
00:23:01,625 --> 00:23:03,000
I don't wanna be
1016
00:23:01,625 --> 00:23:03,000
like John Hodgman,
1017
00:23:03,083 --> 00:23:04,333
who was hilarious.
1018
00:23:04,416 --> 00:23:06,125
- [whispers]
1019
00:23:04,416 --> 00:23:06,125
You never saw me.
1020
00:23:06,125 --> 00:23:08,041
- [whispers]
1021
00:23:06,125 --> 00:23:08,041
Never saw who?
1022
00:23:08,125 --> 00:23:10,666
- Me, PC.
1023
00:23:08,125 --> 00:23:10,666
Oh!
1024
00:23:10,666 --> 00:23:13,291
- Part of Apple's marketing
1025
00:23:10,666 --> 00:23:13,291
success was Steve Jobs,
1026
00:23:13,291 --> 00:23:15,666
who cared a lot
1027
00:23:13,291 --> 00:23:15,666
about advertising
1028
00:23:15,750 --> 00:23:17,125
and what those commercials
1029
00:23:15,750 --> 00:23:17,125
looked like.
1030
00:23:17,208 --> 00:23:18,500
[cheers and applause]
1031
00:23:18,583 --> 00:23:21,166
- So, that ad got a certain
1032
00:23:18,583 --> 00:23:21,166
amount of attention.
1033
00:23:21,166 --> 00:23:24,333
- Steve Jobs turned Apple
1034
00:23:21,166 --> 00:23:24,333
from a computer company
1035
00:23:24,333 --> 00:23:25,833
into a consumer
1036
00:23:24,333 --> 00:23:25,833
products company.
1037
00:23:25,916 --> 00:23:28,500
And the consumer products is
1038
00:23:25,916 --> 00:23:28,500
what not only saved Apple,
1039
00:23:28,500 --> 00:23:30,208
but made it the hottest thing
1040
00:23:30,208 --> 00:23:31,916
in the history of the world,
1041
00:23:30,208 --> 00:23:31,916
practically.
1042
00:23:32,000 --> 00:23:34,333
- All eyes are
1043
00:23:32,000 --> 00:23:34,333
on Apple Computers
1044
00:23:34,333 --> 00:23:35,875
and Steve Jobs this morning.
1045
00:23:35,875 --> 00:23:38,708
In just a few hours, Jobs will
1046
00:23:35,875 --> 00:23:38,708
make a very big announcement.
1047
00:23:38,708 --> 00:23:41,208
And that's all we know.
1048
00:23:41,208 --> 00:23:43,416
- This is a day
1049
00:23:41,208 --> 00:23:43,416
I've been looking forward to
1050
00:23:43,500 --> 00:23:46,041
for two and a half years.
1051
00:23:43,500 --> 00:23:46,041
[cheers and applause]
1052
00:23:46,041 --> 00:23:48,750
- Steve Jobs
1053
00:23:46,041 --> 00:23:48,750
took the stage and said,
1054
00:23:48,833 --> 00:23:50,250
"Today at the Apple keynote,
1055
00:23:50,333 --> 00:23:53,208
we're going to unveil
1056
00:23:50,333 --> 00:23:53,208
three products."
1057
00:23:53,291 --> 00:23:54,833
- Three things--
1058
00:23:54,916 --> 00:23:57,541
a widescreen iPod
1059
00:23:54,916 --> 00:23:57,541
with touch controls,
1060
00:23:57,625 --> 00:23:59,750
a revolutionary mobile phone,
1061
00:23:59,750 --> 00:24:02,791
and a breakthrough Internet
1062
00:23:59,750 --> 00:24:02,791
communications device.
1063
00:24:02,875 --> 00:24:04,875
- And the crowd was going,
1064
00:24:02,875 --> 00:24:04,875
"Yay, three new products."
1065
00:24:04,958 --> 00:24:06,750
And he said,
1066
00:24:04,958 --> 00:24:06,750
"Let me say that again."
1067
00:24:06,833 --> 00:24:09,458
- An iPod,
1068
00:24:09,541 --> 00:24:12,083
a phone...
1069
00:24:09,541 --> 00:24:12,083
[laughter]
1070
00:24:12,166 --> 00:24:14,541
And an Internet communicator.
1071
00:24:14,625 --> 00:24:16,583
- These are not three products.
1072
00:24:16,583 --> 00:24:18,541
[cheers and applause]
1073
00:24:16,583 --> 00:24:18,541
- Are you getting it?
1074
00:24:18,541 --> 00:24:20,458
This is one device.
1075
00:24:22,583 --> 00:24:24,875
And we are calling it,
1076
00:24:24,875 --> 00:24:27,708
"iPhone."
1077
00:24:27,791 --> 00:24:30,708
- I remember my brain
1078
00:24:27,791 --> 00:24:30,708
was just exploding.
1079
00:24:30,708 --> 00:24:32,958
I'm like, "What? How?
1080
00:24:30,708 --> 00:24:32,958
Wait, how can you--what?
1081
00:24:33,041 --> 00:24:35,375
[stammers]
1082
00:24:33,041 --> 00:24:35,375
Explain this."
1083
00:24:35,458 --> 00:24:38,750
- Let's take a look at
1084
00:24:35,458 --> 00:24:38,750
a revolutionary phone.
1085
00:24:38,750 --> 00:24:41,250
- In decades past,
1086
00:24:38,750 --> 00:24:41,250
technology had moved in
1087
00:24:41,250 --> 00:24:44,791
relatively predictable,
1088
00:24:41,250 --> 00:24:44,791
generational cycles.
1089
00:24:44,791 --> 00:24:46,916
So you'd have a good sense
1090
00:24:44,791 --> 00:24:46,916
of what the next generation
1091
00:24:47,000 --> 00:24:48,916
of cell phones--
1092
00:24:47,000 --> 00:24:48,916
what features they would have.
1093
00:24:49,000 --> 00:24:51,750
- We call it the pinch,
1094
00:24:49,000 --> 00:24:51,750
to make it bigger or smaller.
1095
00:24:51,833 --> 00:24:53,791
- The iPhone seemed
1096
00:24:51,833 --> 00:24:53,791
like a device that
1097
00:24:53,791 --> 00:24:55,500
had been beamed
1098
00:24:53,791 --> 00:24:55,500
into your hands
1099
00:24:55,583 --> 00:24:58,083
from ten or 15 years
1100
00:24:55,583 --> 00:24:58,083
in the future.
1101
00:24:58,083 --> 00:25:01,791
It skipped an entire generation
1102
00:24:58,083 --> 00:25:01,791
of technology,
1103
00:25:01,791 --> 00:25:03,416
maybe even two generations.
1104
00:25:03,500 --> 00:25:05,125
- It's the iPhone,
1105
00:25:05,125 --> 00:25:08,083
a new generation of gadget
1106
00:25:05,125 --> 00:25:08,083
that's a--a phone,
1107
00:25:08,083 --> 00:25:10,291
iPod, computer,
1108
00:25:08,083 --> 00:25:10,291
even a camera
1109
00:25:10,375 --> 00:25:11,791
all rolled up in one.
1110
00:25:11,791 --> 00:25:13,250
I don't know what it is,
1111
00:25:11,791 --> 00:25:13,250
but I want it.
1112
00:25:13,250 --> 00:25:15,333
[helicopter whirring]
1113
00:25:13,250 --> 00:25:15,333
- Take a look at this picture.
1114
00:25:15,416 --> 00:25:17,125
At first blush,
1115
00:25:15,416 --> 00:25:17,125
it looks something like
1116
00:25:17,125 --> 00:25:18,833
rescue workers
1117
00:25:17,125 --> 00:25:18,833
being applauded.
1118
00:25:18,916 --> 00:25:20,791
But as the camera widens out,
1119
00:25:20,875 --> 00:25:23,541
we see it is simply
1120
00:25:20,875 --> 00:25:23,541
the Apple store.
1121
00:25:23,625 --> 00:25:25,791
[cheers and applause]
1122
00:25:23,625 --> 00:25:25,791
- "I" day finally arrived.
1123
00:25:25,791 --> 00:25:28,333
And at the appointed hour,
1124
00:25:25,791 --> 00:25:28,333
the faithful
1125
00:25:28,333 --> 00:25:30,958
streamed into Apple stores
1126
00:25:28,333 --> 00:25:30,958
across the country.
1127
00:25:31,041 --> 00:25:33,708
- Yeah, he's a winner,
1128
00:25:31,041 --> 00:25:33,708
winner, chicken dinner.
1129
00:25:33,791 --> 00:25:35,833
Did you get one, Laura Ingle?
1130
00:25:35,833 --> 00:25:37,500
- [laughs] Not yet.
1131
00:25:35,833 --> 00:25:37,500
- Failure!
1132
00:25:37,500 --> 00:25:38,833
That's a failure!
1133
00:25:37,500 --> 00:25:38,833
- The lines...
1134
00:25:38,833 --> 00:25:41,000
- Here it is--the object
1135
00:25:38,833 --> 00:25:41,000
of all the attention,
1136
00:25:41,083 --> 00:25:42,666
all the affection
1137
00:25:41,083 --> 00:25:42,666
and all the hype.
1138
00:25:42,750 --> 00:25:44,125
And those umbrellas behind me--
1139
00:25:44,208 --> 00:25:46,125
people waiting in the
1140
00:25:44,208 --> 00:25:46,125
hot California sun
1141
00:25:46,208 --> 00:25:47,625
to get their hands on one.
1142
00:25:47,708 --> 00:25:49,833
- The iPhone was
1143
00:25:47,708 --> 00:25:49,833
so transformative.
1144
00:25:49,916 --> 00:25:52,041
It gave people this sense
1145
00:25:49,916 --> 00:25:52,041
of what they got
1146
00:25:52,125 --> 00:25:53,500
when they first saw
1147
00:25:52,125 --> 00:25:53,500
the Internet.
1148
00:25:53,500 --> 00:25:54,875
It was like a magic trick.
1149
00:25:54,958 --> 00:25:58,708
- Oh, look how beautiful
1150
00:25:54,958 --> 00:25:58,708
and small it is.
1151
00:25:58,791 --> 00:26:00,791
- Apple makes it seamless,
1152
00:25:58,791 --> 00:26:00,791
makes it feel good,
1153
00:26:00,791 --> 00:26:03,166
makes you feel cool,
1154
00:26:00,791 --> 00:26:03,166
and that's what this thing is.
1155
00:26:03,250 --> 00:26:06,208
You can get everything that
1156
00:26:03,250 --> 00:26:06,208
this thing does already,
1157
00:26:06,291 --> 00:26:10,000
probably for less money,
1158
00:26:06,291 --> 00:26:10,000
but Apple has made it hot.
1159
00:26:10,083 --> 00:26:12,208
- It quickly became
1160
00:26:12,291 --> 00:26:15,041
the category killer for phones.
1161
00:26:15,041 --> 00:26:18,750
- 700,000 iPhones were sold
1162
00:26:15,041 --> 00:26:18,750
just in the first week.
1163
00:26:18,833 --> 00:26:21,500
Now, you may think
1164
00:26:18,833 --> 00:26:21,500
spending 500 or 600 bucks
1165
00:26:21,500 --> 00:26:24,708
on a cell phone/iPod is crazy.
1166
00:26:24,791 --> 00:26:27,666
- [laughs]
1167
00:26:24,791 --> 00:26:27,666
$500?
1168
00:26:27,750 --> 00:26:29,833
Fully subsidized with a plan?
1169
00:26:29,833 --> 00:26:32,666
I said, "That is the most
1170
00:26:29,833 --> 00:26:32,666
expensive phone in the world.
1171
00:26:32,666 --> 00:26:34,708
"And it doesn't appeal
1172
00:26:32,666 --> 00:26:34,708
to business customers
1173
00:26:34,791 --> 00:26:36,333
because it doesn't
1174
00:26:34,791 --> 00:26:36,333
have a keyboard."
1175
00:26:36,416 --> 00:26:40,750
- Microsoft thought
1176
00:26:36,416 --> 00:26:40,750
the iPhone was stupid.
1177
00:26:40,833 --> 00:26:43,208
They didn't get it.
1178
00:26:40,833 --> 00:26:43,208
They weren't Google.
1179
00:26:43,208 --> 00:26:45,000
- The Internet is abuzz
1180
00:26:43,208 --> 00:26:45,000
with word
1181
00:26:45,083 --> 00:26:46,916
Google is looking to expand
1182
00:26:46,916 --> 00:26:49,708
into the cell phone business.
1183
00:26:49,791 --> 00:26:52,083
- You guys may have heard
1184
00:26:49,791 --> 00:26:52,083
also that yesterday,
1185
00:26:52,083 --> 00:26:53,958
we made an
1186
00:26:52,083 --> 00:26:53,958
interesting announcement
1187
00:26:54,041 --> 00:26:55,291
about a little phone,
1188
00:26:55,375 --> 00:26:56,791
so I thought
1189
00:26:55,375 --> 00:26:56,791
I'd just show that.
1190
00:26:56,875 --> 00:27:00,083
- A year later, Google unveils
1191
00:26:56,875 --> 00:27:00,083
the Android phone,
1192
00:27:00,166 --> 00:27:02,208
which was Google's
1193
00:27:00,166 --> 00:27:02,208
attempt to capitalize
1194
00:27:02,291 --> 00:27:04,291
on the success
1195
00:27:02,291 --> 00:27:04,291
of Apple's formula.
1196
00:27:04,375 --> 00:27:07,375
The very first one comes out
1197
00:27:04,375 --> 00:27:07,375
next week from T-Mobile.
1198
00:27:07,375 --> 00:27:08,708
And it's called...
1199
00:27:08,791 --> 00:27:11,958
[heavenly singing]
1200
00:27:12,041 --> 00:27:15,625
The T-Mobile G1.
1201
00:27:12,041 --> 00:27:15,625
So what's it like?
1202
00:27:15,708 --> 00:27:17,291
Well, it's like,
1203
00:27:17,375 --> 00:27:20,083
uh, the iPhone.
1204
00:27:20,083 --> 00:27:21,750
- They had
1205
00:27:20,083 --> 00:27:21,750
striking similarities
1206
00:27:21,750 --> 00:27:24,208
in terms of both use
1207
00:27:21,750 --> 00:27:24,208
a touch interface.
1208
00:27:24,208 --> 00:27:26,958
Both had a big, wide screen
1209
00:27:24,208 --> 00:27:26,958
on the front there.
1210
00:27:27,041 --> 00:27:28,583
Both had Google maps.
1211
00:27:28,583 --> 00:27:30,916
Both had a way
1212
00:27:28,583 --> 00:27:30,916
to download apps
1213
00:27:31,000 --> 00:27:32,583
that worked very similarly
1214
00:27:31,000 --> 00:27:32,583
and some of the apps
1215
00:27:32,666 --> 00:27:33,916
were kind of the same.
1216
00:27:34,000 --> 00:27:35,666
- Slowly,
1217
00:27:34,000 --> 00:27:35,666
Google hopes it'll take over
1218
00:27:35,750 --> 00:27:37,083
the whole mobile market,
1219
00:27:37,166 --> 00:27:39,416
just as it has done
1220
00:27:37,166 --> 00:27:39,416
the Internet.
1221
00:27:39,416 --> 00:27:40,916
- Given their relationship,
1222
00:27:40,916 --> 00:27:43,458
Steve Jobs felt that he had
1223
00:27:40,916 --> 00:27:43,458
been betrayed by Google.
1224
00:27:43,541 --> 00:27:44,833
- You're on the board of Apple.
1225
00:27:44,916 --> 00:27:46,791
Any tension on the board
1226
00:27:44,916 --> 00:27:46,791
around the fact that
1227
00:27:46,791 --> 00:27:48,416
you guys are starting to get
1228
00:27:46,791 --> 00:27:48,416
into each other's business?
1229
00:27:48,416 --> 00:27:50,083
- As a board member at Apple,
1230
00:27:50,083 --> 00:27:53,500
Eric Schmidt was
1231
00:27:50,083 --> 00:27:53,500
privy to meetings
1232
00:27:53,583 --> 00:27:56,166
where the iPhone was discussed.
1233
00:27:56,250 --> 00:27:57,666
And Steve Jobs was pissed.
1234
00:27:57,750 --> 00:28:00,416
- The battle between
1235
00:27:57,750 --> 00:28:00,416
Apple CEO Steve Jobs
1236
00:28:00,500 --> 00:28:03,458
and Google CEO Eric Schmidt
1237
00:28:00,500 --> 00:28:03,458
getting personal.
1238
00:28:03,541 --> 00:28:07,500
- Steve Jobs simply hates
1239
00:28:03,541 --> 00:28:07,500
Eric Schmidt right now.
1240
00:28:07,583 --> 00:28:09,583
That's how bitter
1241
00:28:07,583 --> 00:28:09,583
this rivalry has gotten.
1242
00:28:09,666 --> 00:28:12,166
- Eventually, Eric Schmidt had
1243
00:28:09,666 --> 00:28:12,166
to leave the Apple board,
1244
00:28:12,250 --> 00:28:15,125
and the competition was on.
1245
00:28:15,125 --> 00:28:17,208
- If Google did not act,
1246
00:28:17,291 --> 00:28:19,875
we faced a Draconian future--
1247
00:28:19,958 --> 00:28:23,333
a future where one man,
1248
00:28:19,958 --> 00:28:23,333
one company,
1249
00:28:23,416 --> 00:28:25,458
one device,
1250
00:28:23,416 --> 00:28:25,458
one carrier,
1251
00:28:25,541 --> 00:28:27,000
would be our only choice.
1252
00:28:27,083 --> 00:28:30,375
[cheers and applause]
1253
00:28:27,083 --> 00:28:30,375
That's a future we don't want.
1254
00:28:31,708 --> 00:28:34,708
[cheers and applause]
1255
00:28:36,375 --> 00:28:38,291
- So in 2007,
1256
00:28:38,375 --> 00:28:40,208
Kara Swisher and I
1257
00:28:38,375 --> 00:28:40,208
were lucky enough
1258
00:28:40,291 --> 00:28:42,708
to get Bill Gates and
1259
00:28:40,291 --> 00:28:42,708
Steve Jobs on stage together.
1260
00:28:42,708 --> 00:28:44,083
It was an interview.
1261
00:28:44,166 --> 00:28:46,583
- Well, you know, Bill built
1262
00:28:44,166 --> 00:28:46,583
the first software company
1263
00:28:46,666 --> 00:28:49,041
before anybody really knew
1264
00:28:46,666 --> 00:28:49,041
what a software company was.
1265
00:28:49,125 --> 00:28:50,875
- If you were gonna
1266
00:28:49,125 --> 00:28:50,875
pick two people
1267
00:28:50,958 --> 00:28:54,625
who basically started
1268
00:28:50,958 --> 00:28:54,625
the personal tech revolution,
1269
00:28:54,625 --> 00:28:56,500
they were the right
1270
00:28:54,625 --> 00:28:56,500
two people to pick.
1271
00:28:56,583 --> 00:28:58,083
- But what's the
1272
00:28:56,583 --> 00:28:58,083
greatest misunderstanding
1273
00:28:58,166 --> 00:29:00,250
in your relationship
1274
00:28:58,166 --> 00:29:00,250
about each other?
1275
00:29:00,250 --> 00:29:02,291
This idea of cat fights,
1276
00:29:00,250 --> 00:29:02,291
this idea of, what--
1277
00:29:02,291 --> 00:29:04,125
which one of the many?
1278
00:29:04,125 --> 00:29:06,458
- We've kept our marriage
1279
00:29:04,125 --> 00:29:06,458
secret for over a decade now.
1280
00:29:06,458 --> 00:29:08,916
[laughter]
1281
00:29:08,916 --> 00:29:11,916
- These two people were
1282
00:29:08,916 --> 00:29:11,916
the most significant forces
1283
00:29:12,000 --> 00:29:14,458
in technology through our era.
1284
00:29:14,458 --> 00:29:16,750
And to see them together,
1285
00:29:14,458 --> 00:29:16,750
praising each other,
1286
00:29:16,833 --> 00:29:18,958
and jabbing each other
1287
00:29:16,833 --> 00:29:18,958
a little in the ribs...
1288
00:29:18,958 --> 00:29:21,583
- Well, I know--I know Steve's
1289
00:29:18,958 --> 00:29:21,583
gonna announce his transporter.
1290
00:29:21,666 --> 00:29:23,416
[laughter]
1291
00:29:23,500 --> 00:29:24,750
- It was really a great moment,
1292
00:29:24,833 --> 00:29:26,750
and I was lucky
1293
00:29:24,833 --> 00:29:26,750
to have seen it.
1294
00:29:26,750 --> 00:29:28,916
- You are competitors
1295
00:29:26,750 --> 00:29:28,916
in certain ways.
1296
00:29:28,916 --> 00:29:30,250
- We watched the commercials.
1297
00:29:30,250 --> 00:29:32,458
- And you get annoyed at
1298
00:29:30,250 --> 00:29:32,458
each other from time to time.
1299
00:29:32,458 --> 00:29:33,791
- But you know what?
1300
00:29:32,458 --> 00:29:33,791
I have to confess.
1301
00:29:33,875 --> 00:29:35,291
I like PC guy better.
1302
00:29:33,875 --> 00:29:35,291
- Yeah, he's great.
1303
00:29:35,375 --> 00:29:36,625
- [laughs]
1304
00:29:35,375 --> 00:29:36,625
- I like him.
1305
00:29:36,708 --> 00:29:40,041
- The art of those commercials
1306
00:29:36,708 --> 00:29:40,041
is not to be mean,
1307
00:29:40,125 --> 00:29:42,666
but it's actually for the guys
1308
00:29:40,125 --> 00:29:42,666
to like each other.
1309
00:29:42,666 --> 00:29:45,666
[laughter]
1310
00:29:46,791 --> 00:29:48,875
- There was always
1311
00:29:46,791 --> 00:29:48,875
a tension between them.
1312
00:29:48,958 --> 00:29:50,458
- PC guy's great.
1313
00:29:48,958 --> 00:29:50,458
- I liked him.
1314
00:29:50,458 --> 00:29:52,458
- He's got a big heart.
1315
00:29:52,458 --> 00:29:54,500
- His mother loves him.
1316
00:29:52,458 --> 00:29:54,500
- His mother loves him.
1317
00:29:54,583 --> 00:29:55,875
- I'm telling you.
1318
00:29:55,958 --> 00:29:58,000
- Their companies were
1319
00:29:55,958 --> 00:29:58,000
always gonna be competitors,
1320
00:29:58,083 --> 00:30:00,458
but when they got on stage,
1321
00:29:58,083 --> 00:30:00,458
they were both sweethearts.
1322
00:30:00,541 --> 00:30:03,500
- There's a--that one line
1323
00:30:00,541 --> 00:30:03,500
in that one Beatles song,
1324
00:30:03,583 --> 00:30:05,125
"You and I have memories
1325
00:30:05,125 --> 00:30:07,208
longer than the road that
1326
00:30:05,125 --> 00:30:07,208
stretches out ahead."
1327
00:30:07,291 --> 00:30:10,000
And that's clearly true here.
1328
00:30:10,083 --> 00:30:12,833
- It was a great moment
1329
00:30:10,083 --> 00:30:12,833
for the two of us and
1330
00:30:12,916 --> 00:30:14,791
for the people in the room
1331
00:30:14,791 --> 00:30:16,875
and for the people
1332
00:30:14,791 --> 00:30:16,875
who got to see it.
1333
00:30:16,875 --> 00:30:19,166
That was really the
1334
00:30:16,875 --> 00:30:19,166
beginning of the end
1335
00:30:19,250 --> 00:30:21,041
of the personal computer era.
1336
00:30:21,125 --> 00:30:24,833
- When we heard today that the
1337
00:30:21,125 --> 00:30:24,833
usually unemotional Bill Gates
1338
00:30:24,916 --> 00:30:28,416
was in tears when he said his
1339
00:30:24,916 --> 00:30:28,416
final farewell to Microsoft,
1340
00:30:28,500 --> 00:30:30,166
it wasn't surprising.
1341
00:30:30,166 --> 00:30:32,916
After all, he was present
1342
00:30:30,166 --> 00:30:32,916
at the creation.
1343
00:30:33,000 --> 00:30:34,416
[cheers and applause]
1344
00:30:34,500 --> 00:30:36,333
- I love working
1345
00:30:34,500 --> 00:30:36,333
with smart people.
1346
00:30:36,416 --> 00:30:38,333
I love working with Steve.
1347
00:30:38,416 --> 00:30:42,166
I love working with all the--
1348
00:30:38,416 --> 00:30:42,166
the incredible people here.
1349
00:30:42,250 --> 00:30:47,208
- We've been given an enormous,
1350
00:30:42,250 --> 00:30:47,208
enormous opportunity,
1351
00:30:47,208 --> 00:30:50,000
and Bill gave us
1352
00:30:47,208 --> 00:30:50,000
that opportunity.
1353
00:30:50,083 --> 00:30:52,000
[sputtering]
1354
00:30:52,083 --> 00:30:54,000
[sniffs]
1355
00:30:52,083 --> 00:30:54,000
Dang it.
1356
00:30:54,083 --> 00:30:56,666
I wanna thank Bill for that,
1357
00:30:54,083 --> 00:30:56,666
and I want you to, too.
1358
00:30:56,750 --> 00:30:59,416
[cheers and applause]
1359
00:31:00,875 --> 00:31:04,375
- It was the lost decade
1360
00:31:00,875 --> 00:31:04,375
for Microsoft.
1361
00:31:04,458 --> 00:31:06,750
They just lost
1362
00:31:04,458 --> 00:31:06,750
a lot of their clout.
1363
00:31:06,750 --> 00:31:08,541
They still were a big,
1364
00:31:06,750 --> 00:31:08,541
important company,
1365
00:31:08,625 --> 00:31:11,541
but some of these other
1366
00:31:08,625 --> 00:31:11,541
companies like Facebook
1367
00:31:11,541 --> 00:31:13,708
or Google or maybe Amazon
1368
00:31:13,791 --> 00:31:15,750
just accelerated colossally.
1369
00:31:15,833 --> 00:31:18,875
- It is quarterly earning
1370
00:31:15,833 --> 00:31:18,875
season in corporate America.
1371
00:31:18,958 --> 00:31:20,750
Today, Amazon.com,
1372
00:31:20,833 --> 00:31:23,875
the online bookseller,
1373
00:31:20,833 --> 00:31:23,875
reported that its earnings
1374
00:31:23,875 --> 00:31:26,291
more than doubled
1375
00:31:23,875 --> 00:31:26,291
in the last three months.
1376
00:31:26,375 --> 00:31:27,625
[bright music]
1377
00:31:27,708 --> 00:31:29,958
- The economy seems to be
1378
00:31:27,708 --> 00:31:29,958
crashing all around us.
1379
00:31:30,041 --> 00:31:32,791
What can the people who are now
1380
00:31:30,041 --> 00:31:32,791
trying to fix what's broken
1381
00:31:32,875 --> 00:31:35,083
learn from your experience
1382
00:31:32,875 --> 00:31:35,083
at Amazon?
1383
00:31:35,166 --> 00:31:38,166
- I would say,
1384
00:31:35,166 --> 00:31:38,166
think long-term.
1385
00:31:38,250 --> 00:31:39,916
- I think the reason that
1386
00:31:38,250 --> 00:31:39,916
these companies
1387
00:31:39,916 --> 00:31:42,750
like Amazon, Apple,
1388
00:31:39,916 --> 00:31:42,750
and Google survived
1389
00:31:42,750 --> 00:31:44,166
was because
1390
00:31:42,750 --> 00:31:44,166
they unlocked this
1391
00:31:44,250 --> 00:31:46,416
whole new engine
1392
00:31:44,250 --> 00:31:46,416
of innovation.
1393
00:31:46,500 --> 00:31:48,791
- One of the big,
1394
00:31:46,500 --> 00:31:48,791
motivating factors for us is,
1395
00:31:48,791 --> 00:31:51,625
is just creating something
1396
00:31:48,791 --> 00:31:51,625
that we all want ourselves.
1397
00:31:51,708 --> 00:31:54,666
- Technology and
1398
00:31:51,708 --> 00:31:54,666
technology companies
1399
00:31:54,750 --> 00:31:58,458
became the preeminent force
1400
00:31:54,750 --> 00:31:58,458
in the business world.
1401
00:31:58,541 --> 00:32:00,333
Something that had
1402
00:31:58,541 --> 00:32:00,333
started small, you know,
1403
00:32:00,416 --> 00:32:02,625
really started to
1404
00:32:00,416 --> 00:32:02,625
fulfill its destiny
1405
00:32:02,625 --> 00:32:04,583
as a major disruptive change
1406
00:32:04,666 --> 00:32:06,333
across many
1407
00:32:04,666 --> 00:32:06,333
different industries.
1408
00:32:06,416 --> 00:32:08,500
- Now with more than
1409
00:32:06,416 --> 00:32:08,500
a billion searches
1410
00:32:08,583 --> 00:32:09,958
performed every day,
1411
00:32:09,958 --> 00:32:12,125
plus Google Images,
1412
00:32:09,958 --> 00:32:12,125
Google Maps,
1413
00:32:12,125 --> 00:32:14,500
Google Books,
1414
00:32:12,125 --> 00:32:14,500
Google Finance,
1415
00:32:14,583 --> 00:32:16,500
Gmail, and YouTube,
1416
00:32:16,583 --> 00:32:19,083
the company's share
1417
00:32:16,583 --> 00:32:19,083
of the market is huge.
1418
00:32:19,083 --> 00:32:21,041
- When Google bought YouTube,
1419
00:32:19,083 --> 00:32:21,041
it was a big deal,
1420
00:32:21,125 --> 00:32:22,375
especially for
1421
00:32:21,125 --> 00:32:22,375
a lot of YouTubers,
1422
00:32:22,458 --> 00:32:24,958
because up until this point,
1423
00:32:25,041 --> 00:32:26,458
you were just
1424
00:32:25,041 --> 00:32:26,458
making stuff for fun.
1425
00:32:26,458 --> 00:32:28,791
There was no option
1426
00:32:26,458 --> 00:32:28,791
or even in our heads,
1427
00:32:28,875 --> 00:32:31,541
like, a possibility
1428
00:32:28,875 --> 00:32:31,541
to make money from it.
1429
00:32:31,625 --> 00:32:32,875
- It's no secret that
1430
00:32:32,958 --> 00:32:35,166
Americans love to watch
1431
00:32:32,958 --> 00:32:35,166
videos on the Internet.
1432
00:32:35,250 --> 00:32:37,791
But who knew you could
1433
00:32:35,250 --> 00:32:37,791
get rich making them?
1434
00:32:37,791 --> 00:32:40,166
- With Google's power
1435
00:32:37,791 --> 00:32:40,166
behind it,
1436
00:32:40,166 --> 00:32:43,458
YouTube was able to grow in
1437
00:32:40,166 --> 00:32:43,458
a way the startup never could.
1438
00:32:43,458 --> 00:32:45,458
- YouTube is now
1439
00:32:43,458 --> 00:32:45,458
so influential,
1440
00:32:45,458 --> 00:32:46,791
it co-hosted last night's
1441
00:32:46,875 --> 00:32:48,666
Democratic
1442
00:32:46,875 --> 00:32:48,666
presidential debate.
1443
00:32:48,750 --> 00:32:50,958
The questions came
1444
00:32:48,750 --> 00:32:50,958
from users of the site.
1445
00:32:50,958 --> 00:32:52,291
- If you were elected
1446
00:32:52,291 --> 00:32:54,125
president of
1447
00:32:52,291 --> 00:32:54,125
the United States,
1448
00:32:54,125 --> 00:32:56,791
would you allow us
1449
00:32:54,125 --> 00:32:56,791
to be married?
1450
00:32:56,875 --> 00:32:59,500
- I don't think that
1451
00:32:56,875 --> 00:32:59,500
any of us could have possibly
1452
00:32:59,500 --> 00:33:03,416
predicted the role that
1453
00:32:59,500 --> 00:33:03,416
social networks would play
1454
00:33:03,500 --> 00:33:05,500
in the US
1455
00:33:03,500 --> 00:33:05,500
presidential elections.
1456
00:33:05,583 --> 00:33:07,708
- Candidates are gaining
1457
00:33:05,583 --> 00:33:07,708
political supporters
1458
00:33:07,791 --> 00:33:10,041
the way social networkers
1459
00:33:07,791 --> 00:33:10,041
find friends.
1460
00:33:10,125 --> 00:33:12,333
The potential voting audience
1461
00:33:10,125 --> 00:33:12,333
is immense.
1462
00:33:12,416 --> 00:33:14,166
Myspace.com sees up to
1463
00:33:14,250 --> 00:33:17,000
56 million
1464
00:33:14,250 --> 00:33:17,000
unique visitors a month,
1465
00:33:17,083 --> 00:33:19,500
and about 80% are voting age.
1466
00:33:19,583 --> 00:33:20,833
- While both campaigns hope
1467
00:33:20,916 --> 00:33:22,833
their supporters
1468
00:33:20,916 --> 00:33:22,833
spread the word,
1469
00:33:22,833 --> 00:33:26,708
Obama is friended almost
1470
00:33:22,833 --> 00:33:26,708
seven times more than McCain.
1471
00:33:26,791 --> 00:33:29,833
- The Obama campaign
1472
00:33:26,791 --> 00:33:29,833
happened around a time
1473
00:33:29,833 --> 00:33:33,250
when social media was
1474
00:33:29,833 --> 00:33:33,250
experiencing a coming of age.
1475
00:33:33,333 --> 00:33:34,583
[cheers and applause]
1476
00:33:34,666 --> 00:33:36,708
- Barack Obama created
1477
00:33:34,666 --> 00:33:36,708
a movement behind him.
1478
00:33:36,791 --> 00:33:38,041
He doesn't--
1479
00:33:36,791 --> 00:33:38,041
it wasn't already--
1480
00:33:38,125 --> 00:33:39,750
he's the first candidate
1481
00:33:38,125 --> 00:33:39,750
we've ever seen
1482
00:33:39,833 --> 00:33:41,500
who had an organization
1483
00:33:39,833 --> 00:33:41,500
that brought together
1484
00:33:41,500 --> 00:33:44,041
the Internet and
1485
00:33:41,500 --> 00:33:44,041
community organizing.
1486
00:33:44,041 --> 00:33:47,375
- Obama had the Internet.
1487
00:33:44,041 --> 00:33:47,375
He had Myspace and Facebook.
1488
00:33:47,458 --> 00:33:49,041
It certainly changed the way
1489
00:33:49,125 --> 00:33:51,083
that candidates
1490
00:33:49,125 --> 00:33:51,083
communicated with their base.
1491
00:33:51,083 --> 00:33:52,416
It changed the way
1492
00:33:51,083 --> 00:33:52,416
that we thought about
1493
00:33:52,416 --> 00:33:55,541
how we could communicate
1494
00:33:52,416 --> 00:33:55,541
and influence candidates.
1495
00:33:55,541 --> 00:33:57,625
- One of the
1496
00:33:55,541 --> 00:33:57,625
most enduring images
1497
00:33:57,708 --> 00:34:01,291
of campaign '08 is
1498
00:33:57,708 --> 00:34:01,291
this one of Barack Obama.
1499
00:34:01,375 --> 00:34:02,958
- That Barack Obama image--
1500
00:34:03,041 --> 00:34:06,125
it's here, there,
1501
00:34:03,041 --> 00:34:06,125
everywhere it seems this year.
1502
00:34:06,208 --> 00:34:07,916
- When I met Obama,
1503
00:34:06,208 --> 00:34:07,916
he said,
1504
00:34:07,916 --> 00:34:09,250
"I love this image.
1505
00:34:09,250 --> 00:34:11,708
And how did you get it
1506
00:34:09,250 --> 00:34:11,708
spread around so fast?"
1507
00:34:11,708 --> 00:34:14,916
Seeing the hope poster
1508
00:34:11,708 --> 00:34:14,916
as a digital phenomenon
1509
00:34:14,916 --> 00:34:16,583
was pretty amazing.
1510
00:34:16,583 --> 00:34:19,916
It really made me realize
1511
00:34:16,583 --> 00:34:19,916
the power of social media
1512
00:34:20,000 --> 00:34:22,125
to democratize
1513
00:34:20,000 --> 00:34:22,125
and proliferate.
1514
00:34:22,208 --> 00:34:23,458
- We're trying to translate
1515
00:34:23,541 --> 00:34:26,250
all of that online
1516
00:34:23,541 --> 00:34:26,250
enthusiasm and energy
1517
00:34:26,250 --> 00:34:28,458
to a successful November 4th.
1518
00:34:28,458 --> 00:34:30,333
- In three simple words...
1519
00:34:30,416 --> 00:34:32,625
all: Yes We Can.
1520
00:34:32,625 --> 00:34:35,666
- Thank you, South Carolina.
1521
00:34:32,625 --> 00:34:35,666
I love you.
1522
00:34:35,750 --> 00:34:37,416
- If not for social media,
1523
00:34:37,500 --> 00:34:40,000
Barack Obama would never
1524
00:34:37,500 --> 00:34:40,000
have been elected president.
1525
00:34:40,083 --> 00:34:41,791
It gave us the ability
1526
00:34:41,875 --> 00:34:44,750
to connect to a
1527
00:34:41,875 --> 00:34:44,750
new generation of voters.
1528
00:34:44,750 --> 00:34:49,083
- Barack Obama will be the 44th
1529
00:34:44,750 --> 00:34:49,083
president of the United States.
1530
00:34:49,083 --> 00:34:52,125
[cheers and applause]
1531
00:34:54,166 --> 00:34:56,958
- On election night,
1532
00:34:54,166 --> 00:34:56,958
I went to this party,
1533
00:34:57,041 --> 00:34:59,166
and all of Silicon Valley
1534
00:34:57,041 --> 00:34:59,166
was there,
1535
00:34:59,250 --> 00:35:02,000
and everybody was cheering,
1536
00:34:59,250 --> 00:35:02,000
and screaming, and singing.
1537
00:35:02,083 --> 00:35:04,958
And it felt like
1538
00:35:02,083 --> 00:35:04,958
an Internet victory.
1539
00:35:04,958 --> 00:35:08,000
It just felt like our world
1540
00:35:08,000 --> 00:35:10,125
was finally being recognized
1541
00:35:10,208 --> 00:35:14,000
as something that could
1542
00:35:10,208 --> 00:35:14,000
change the rest of the world.
1543
00:35:14,000 --> 00:35:15,333
And it did.
1544
00:35:16,250 --> 00:35:18,625
- I wouldn't know
1545
00:35:16,250 --> 00:35:18,625
a Twitter from a tweeter,
1546
00:35:18,625 --> 00:35:22,416
but apparently,
1547
00:35:18,625 --> 00:35:22,416
it is very important.
1548
00:35:22,500 --> 00:35:23,750
- I don't know what that is.
1549
00:35:23,833 --> 00:35:25,458
Uh, a Twitter?
1550
00:35:23,833 --> 00:35:25,458
What does that mean?
1551
00:35:25,541 --> 00:35:27,291
- Tell me exactly
1552
00:35:25,541 --> 00:35:27,291
what is a Twitter?
1553
00:35:27,375 --> 00:35:30,458
- By the end of the decade,
1554
00:35:27,375 --> 00:35:30,458
there were a lot of companies
1555
00:35:30,458 --> 00:35:33,083
trying to be the next
1556
00:35:30,458 --> 00:35:33,083
big social network.
1557
00:35:33,083 --> 00:35:35,250
- Twitter is an
1558
00:35:33,083 --> 00:35:35,250
instant messaging system that
1559
00:35:35,250 --> 00:35:39,000
allows users to text thousands
1560
00:35:35,250 --> 00:35:39,000
of other users at once.
1561
00:35:39,083 --> 00:35:41,333
Messages, nicknamed "tweets,"
1562
00:35:39,083 --> 00:35:41,333
always begin
1563
00:35:41,416 --> 00:35:44,250
by answering the question,
1564
00:35:41,416 --> 00:35:44,250
"What are you doing?"
1565
00:35:44,250 --> 00:35:45,791
- When I first joined Twitter,
1566
00:35:45,791 --> 00:35:48,958
it really was people talking
1567
00:35:45,791 --> 00:35:48,958
about what they ate for lunch.
1568
00:35:49,041 --> 00:35:50,958
I was on it for, like,
1569
00:35:49,041 --> 00:35:50,958
three days, and I thought,
1570
00:35:50,958 --> 00:35:53,833
I don't need to hear about
1571
00:35:50,958 --> 00:35:53,833
my friend's sandwiches.
1572
00:35:53,916 --> 00:35:55,625
- Do I really need to know
1573
00:35:53,916 --> 00:35:55,625
that Joe in Seattle
1574
00:35:55,625 --> 00:35:57,541
is having oatmeal
1575
00:35:55,625 --> 00:35:57,541
for breakfast this morning?
1576
00:35:57,625 --> 00:35:59,375
Is there such a thing as
1577
00:35:57,625 --> 00:35:59,375
too much information?
1578
00:35:59,458 --> 00:36:00,791
- Why are you a tweeter?
1579
00:36:00,791 --> 00:36:02,291
- For me, it's been helpful
1580
00:36:02,375 --> 00:36:04,291
to really kinda
1581
00:36:02,375 --> 00:36:04,291
cut out the middleman,
1582
00:36:04,375 --> 00:36:06,458
and the middleman
1583
00:36:04,375 --> 00:36:06,458
has been the media.
1584
00:36:06,541 --> 00:36:08,166
It's given me a chance
1585
00:36:06,541 --> 00:36:08,166
for people to really
1586
00:36:08,250 --> 00:36:09,666
get to know the real me.
1587
00:36:09,750 --> 00:36:11,666
- The conciseness enforced
1588
00:36:11,750 --> 00:36:14,625
by that 140 character limit
1589
00:36:11,750 --> 00:36:14,625
was really attractive.
1590
00:36:14,708 --> 00:36:16,458
Didn't have to read and scroll.
1591
00:36:16,541 --> 00:36:18,708
- In the past year,
1592
00:36:16,541 --> 00:36:18,708
the number of Twitter users
1593
00:36:18,791 --> 00:36:21,458
grew 343%,
1594
00:36:21,541 --> 00:36:24,458
with nearly 2 1/2 million
1595
00:36:21,541 --> 00:36:24,458
people on the site now.
1596
00:36:24,541 --> 00:36:25,791
And I'm--I'm one of them.
1597
00:36:25,875 --> 00:36:27,541
- Twitter became,
1598
00:36:25,875 --> 00:36:27,541
for many of us,
1599
00:36:27,625 --> 00:36:29,291
a dominant platform
1600
00:36:27,625 --> 00:36:29,291
for communication
1601
00:36:29,375 --> 00:36:30,875
day in and day out.
1602
00:36:30,875 --> 00:36:33,083
That's part of the magic
1603
00:36:30,875 --> 00:36:33,083
of working on the Internet.
1604
00:36:33,166 --> 00:36:36,583
You just really never know how
1605
00:36:33,166 --> 00:36:36,583
this stuff's gonna play out.
1606
00:36:36,666 --> 00:36:38,333
- Big news in
1607
00:36:36,666 --> 00:36:38,333
the computer world.
1608
00:36:38,416 --> 00:36:40,166
Steve Jobs,
1609
00:36:38,416 --> 00:36:40,166
who turned Apple from
1610
00:36:40,250 --> 00:36:43,875
a boutique computer company
1611
00:36:40,250 --> 00:36:43,875
into a technology behemoth,
1612
00:36:43,875 --> 00:36:45,333
announced today
1613
00:36:43,875 --> 00:36:45,333
that he's taking
1614
00:36:45,333 --> 00:36:47,250
a leave of absence until June.
1615
00:36:47,333 --> 00:36:49,875
Job says his decision is
1616
00:36:47,333 --> 00:36:49,875
due to health issues,
1617
00:36:49,875 --> 00:36:53,333
which he says are more complex
1618
00:36:49,875 --> 00:36:53,333
than he originally thought.
1619
00:36:53,416 --> 00:36:56,708
- Steve was always a lot sicker
1620
00:36:53,416 --> 00:36:56,708
towards the end of his life
1621
00:36:56,708 --> 00:36:59,375
then he wanted to acknowledge.
1622
00:36:59,375 --> 00:37:02,166
- It's frankly been a battle
1623
00:36:59,375 --> 00:37:02,166
with investors where he said,
1624
00:37:02,166 --> 00:37:04,541
"It's none of your business.
1625
00:37:02,166 --> 00:37:04,541
I'm doing fine."
1626
00:37:04,541 --> 00:37:07,041
Then when he does give updates,
1627
00:37:04,541 --> 00:37:07,041
even ten days ago,
1628
00:37:07,041 --> 00:37:08,541
he said he's gonna be
1629
00:37:07,041 --> 00:37:08,541
staying on at the company
1630
00:37:08,625 --> 00:37:10,333
for the foreseeable future.
1631
00:37:10,416 --> 00:37:11,875
Ten days later,
1632
00:37:10,416 --> 00:37:11,875
that completely changed.
1633
00:37:11,875 --> 00:37:13,916
So that's the real concern
1634
00:37:11,875 --> 00:37:13,916
on Wall Street.
1635
00:37:13,916 --> 00:37:18,208
- There was a national
1636
00:37:13,916 --> 00:37:18,208
economic importance
1637
00:37:18,208 --> 00:37:19,791
tied to the health
1638
00:37:18,208 --> 00:37:19,791
of Steve Jobs.
1639
00:37:19,875 --> 00:37:21,416
And at that point,
1640
00:37:21,416 --> 00:37:23,875
stockholders were beginning
1641
00:37:21,416 --> 00:37:23,875
to ask what was going on.
1642
00:37:23,875 --> 00:37:25,750
- In the city of
1643
00:37:23,875 --> 00:37:25,750
San Francisco today,
1644
00:37:25,750 --> 00:37:29,041
Apple CEO Steve Jobs
1645
00:37:25,750 --> 00:37:29,041
returned to the spotlight.
1646
00:37:29,041 --> 00:37:30,750
He appeared on stage
1647
00:37:29,041 --> 00:37:30,750
at a company event
1648
00:37:30,833 --> 00:37:32,791
after a six-month
1649
00:37:30,833 --> 00:37:32,791
medical leave.
1650
00:37:32,875 --> 00:37:34,416
- When he came back to work,
1651
00:37:34,416 --> 00:37:36,458
his voice wasn't
1652
00:37:34,416 --> 00:37:36,458
weak or anything.
1653
00:37:36,541 --> 00:37:38,750
I mean, he was
1654
00:37:36,541 --> 00:37:38,750
drinking more water,
1655
00:37:38,833 --> 00:37:41,083
but essentially,
1656
00:37:38,833 --> 00:37:41,083
it was just as it was
1657
00:37:41,166 --> 00:37:43,208
when he looked
1658
00:37:41,166 --> 00:37:43,208
physically normal.
1659
00:37:43,208 --> 00:37:46,250
[cheers and applause]
1660
00:37:47,541 --> 00:37:49,958
- He has wow-ed the world
1661
00:37:47,541 --> 00:37:49,958
time and again
1662
00:37:50,041 --> 00:37:52,583
with his bold inventions
1663
00:37:50,041 --> 00:37:52,583
and this week,
1664
00:37:52,583 --> 00:37:54,250
he did it again.
1665
00:37:54,333 --> 00:37:55,666
- The iPad.
1666
00:37:55,750 --> 00:37:58,333
[cheers and applause]
1667
00:37:58,416 --> 00:37:59,791
- To be at the
1668
00:37:58,416 --> 00:37:59,791
front of the line
1669
00:37:59,875 --> 00:38:01,583
at the San Francisco
1670
00:37:59,875 --> 00:38:01,583
Apple store,
1671
00:38:01,666 --> 00:38:04,583
you had to camp out
1672
00:38:01,666 --> 00:38:04,583
starting at 10:30 last night.
1673
00:38:04,666 --> 00:38:05,916
[crowd shouting excitedly]
1674
00:38:06,000 --> 00:38:09,791
And that's just what
1675
00:38:06,000 --> 00:38:09,791
Max Ackerman did.
1676
00:38:09,791 --> 00:38:12,416
- The iPad.
1677
00:38:09,791 --> 00:38:12,416
And I was first.
1678
00:38:12,416 --> 00:38:14,458
- I'm really impressed by it.
1679
00:38:14,458 --> 00:38:16,291
I haven't let it
1680
00:38:14,458 --> 00:38:16,291
out of my hands...
1681
00:38:16,291 --> 00:38:18,291
[laughing] So--pretty much
1682
00:38:16,291 --> 00:38:18,291
for the entire time.
1683
00:38:18,375 --> 00:38:21,416
The iPad wasn't
1684
00:38:18,375 --> 00:38:21,416
the first tablet,
1685
00:38:21,500 --> 00:38:24,125
but it was the best.
1686
00:38:24,125 --> 00:38:26,083
- Steve Jobs turned
1687
00:38:24,125 --> 00:38:26,083
a dying company
1688
00:38:26,166 --> 00:38:28,583
into possibly
1689
00:38:28,583 --> 00:38:31,250
the greatest company
1690
00:38:28,583 --> 00:38:31,250
America's ever seen.
1691
00:38:31,333 --> 00:38:33,666
- Where do you fit
1692
00:38:31,333 --> 00:38:33,666
in the American family
1693
00:38:33,750 --> 00:38:35,375
of thinkers and inventors?
1694
00:38:35,458 --> 00:38:36,833
- You know,
1695
00:38:36,916 --> 00:38:39,125
I don't--I don't
1696
00:38:36,916 --> 00:38:39,125
really think that way.
1697
00:38:39,208 --> 00:38:41,291
- Steve Jobs
1698
00:38:39,208 --> 00:38:41,291
is kind of like the
1699
00:38:41,375 --> 00:38:44,500
Thomas Edison crossed
1700
00:38:41,375 --> 00:38:44,500
with Pablo Picasso,
1701
00:38:44,500 --> 00:38:46,958
with a touch of P.T. Barnum
1702
00:38:44,500 --> 00:38:46,958
of American history.
1703
00:38:46,958 --> 00:38:49,500
He has the style.
1704
00:38:46,958 --> 00:38:49,500
He has the flair.
1705
00:38:49,500 --> 00:38:51,291
He has the genius.
1706
00:38:49,500 --> 00:38:51,291
He has the creativity.
1707
00:38:51,291 --> 00:38:53,333
He has the technology.
1708
00:38:51,291 --> 00:38:53,333
He has the vision.
1709
00:38:53,416 --> 00:38:57,166
- A few weeks ago,
1710
00:38:53,416 --> 00:38:57,166
we sold our
1711
00:38:57,166 --> 00:39:00,125
250 millionth iPod.
1712
00:39:00,208 --> 00:39:01,625
[cheers and applause]
1713
00:39:01,708 --> 00:39:03,625
- If you have a couple
1714
00:39:01,708 --> 00:39:03,625
of the machines that
1715
00:39:03,625 --> 00:39:05,333
Steve Jobs created,
1716
00:39:05,333 --> 00:39:07,875
you have access to absolutely
1717
00:39:05,333 --> 00:39:07,875
everything in the world.
1718
00:39:07,958 --> 00:39:10,291
That--that takes a brand of--
1719
00:39:10,375 --> 00:39:12,791
of visionary who was
1720
00:39:10,375 --> 00:39:12,791
always asking, "Why not?"
1721
00:39:12,875 --> 00:39:15,833
- Somebody once called me
1722
00:39:12,875 --> 00:39:15,833
the iCEO about a year ago,
1723
00:39:15,916 --> 00:39:18,416
and I liked that, so I'm gonna
1724
00:39:15,916 --> 00:39:18,416
choose that as my title,
1725
00:39:18,500 --> 00:39:19,875
if it's okay with you...
1726
00:39:18,500 --> 00:39:19,875
[laughter]
1727
00:39:19,958 --> 00:39:22,833
To remind myself of
1728
00:39:19,958 --> 00:39:22,833
what's really important,
1729
00:39:22,833 --> 00:39:25,750
which is, of course,
1730
00:39:22,833 --> 00:39:25,750
the Internet.
1731
00:39:25,833 --> 00:39:28,916
- When the Internet first
1732
00:39:25,833 --> 00:39:28,916
became available to the public,
1733
00:39:29,000 --> 00:39:31,875
I think a lot of people
1734
00:39:29,000 --> 00:39:31,875
could easily see that
1735
00:39:31,958 --> 00:39:35,041
the possibilities were so vast
1736
00:39:35,041 --> 00:39:37,250
that your brain just
1737
00:39:35,041 --> 00:39:37,250
went into sparks.
1738
00:39:37,333 --> 00:39:40,166
- I think Facebook is actually
1739
00:39:37,333 --> 00:39:40,166
more valuable as you get older.
1740
00:39:40,250 --> 00:39:41,875
You've interacted
1741
00:39:40,250 --> 00:39:41,875
with more people.
1742
00:39:41,958 --> 00:39:43,541
Maybe you've lived
1743
00:39:41,958 --> 00:39:43,541
in more places.
1744
00:39:43,541 --> 00:39:45,500
- We all grew up in
1745
00:39:43,541 --> 00:39:45,500
the same neighborhood,
1746
00:39:45,500 --> 00:39:48,250
and we found each other
1747
00:39:45,500 --> 00:39:48,250
again on Facebook.
1748
00:39:48,333 --> 00:39:50,041
It makes me feel connected.
1749
00:39:50,125 --> 00:39:52,208
I go on that site,
1750
00:39:50,125 --> 00:39:52,208
and I'm home.
1751
00:39:52,208 --> 00:39:54,875
- The technology existed.
1752
00:39:54,875 --> 00:39:57,666
What we needed were
1753
00:39:54,875 --> 00:39:57,666
visionaries who understood
1754
00:39:57,666 --> 00:40:01,208
how technology could be
1755
00:39:57,666 --> 00:40:01,208
put to use for the consumer.
1756
00:40:01,208 --> 00:40:02,541
- What is the
1757
00:40:01,208 --> 00:40:02,541
one-sentence summary
1758
00:40:02,541 --> 00:40:04,250
of how you change the world?
1759
00:40:04,250 --> 00:40:08,208
"Always work hard on something
1760
00:40:04,250 --> 00:40:08,208
uncomfortably exciting."
1761
00:40:08,291 --> 00:40:10,083
- The people who
1762
00:40:08,291 --> 00:40:10,083
could connect,
1763
00:40:10,083 --> 00:40:12,041
the can-do of technology,
1764
00:40:12,041 --> 00:40:15,750
and the want of consumers--
1765
00:40:12,041 --> 00:40:15,750
they were the people
1766
00:40:15,750 --> 00:40:17,875
that we would be talking about
1767
00:40:15,750 --> 00:40:17,875
for years afterwards.
1768
00:40:17,958 --> 00:40:19,583
- Yeah, you can floor it.
1769
00:40:17,958 --> 00:40:19,583
No problem.
1770
00:40:19,666 --> 00:40:21,250
If you would have
1771
00:40:19,666 --> 00:40:21,250
asked someone,
1772
00:40:21,250 --> 00:40:22,750
"What's the greatest center
1773
00:40:21,250 --> 00:40:22,750
of innovation in the world?"
1774
00:40:22,750 --> 00:40:24,083
"Silicon Valley" is the answer.
1775
00:40:24,083 --> 00:40:25,750
And then you say,
1776
00:40:24,083 --> 00:40:25,750
"What's the second?"
1777
00:40:25,750 --> 00:40:27,625
- And people would be mute.
1778
00:40:25,750 --> 00:40:27,625
- [laughs]
1779
00:40:27,708 --> 00:40:29,208
I don't know...[laughs]
1780
00:40:27,708 --> 00:40:29,208
- Yeah.
1781
00:40:29,291 --> 00:40:33,375
- During the 2000s, there was
1782
00:40:29,291 --> 00:40:33,375
a explosion of ideas.
1783
00:40:33,458 --> 00:40:36,458
- This is the new iPod Nano.
1784
00:40:36,541 --> 00:40:38,416
- We had an acceleration
1785
00:40:36,541 --> 00:40:38,416
of evolution...
1786
00:40:38,416 --> 00:40:41,291
[laughter]
1787
00:40:41,375 --> 00:40:43,250
That just got going
1788
00:40:41,375 --> 00:40:43,250
faster and faster
1789
00:40:43,333 --> 00:40:44,916
and faster and faster
1790
00:40:43,333 --> 00:40:44,916
and faster,
1791
00:40:44,916 --> 00:40:48,458
and in a course of a decade,
1792
00:40:44,916 --> 00:40:48,458
the world was changed forever.
1793
00:40:48,458 --> 00:40:50,750
- I assumed you had nothing.
1794
00:40:50,833 --> 00:40:54,625
You were just people
1795
00:40:50,833 --> 00:40:54,625
sitting by a phone...
1796
00:40:54,625 --> 00:40:55,916
- Yeah.
1797
00:40:54,625 --> 00:40:55,916
- Or a computer.
1798
00:40:56,000 --> 00:40:57,291
And people would be like,
1799
00:40:56,000 --> 00:40:57,291
"I want a bicycle."
1800
00:40:57,375 --> 00:40:58,750
And then it would come
1801
00:40:57,375 --> 00:40:58,750
to Amazon and you'd be like,
1802
00:40:58,833 --> 00:41:01,291
"We need to go find a bicycle,"
1803
00:40:58,833 --> 00:41:01,291
and then you'd run out,
1804
00:41:01,375 --> 00:41:03,833
and you'd get a bicycle,
1805
00:41:01,375 --> 00:41:03,833
and you'd write "Amazon" on it,
1806
00:41:03,916 --> 00:41:05,750
and then you would send it
1807
00:41:03,916 --> 00:41:05,750
to people's houses.
1808
00:41:05,750 --> 00:41:07,791
I didn't know you
1809
00:41:05,750 --> 00:41:07,791
actually made things.
1810
00:41:07,791 --> 00:41:09,583
- Well, we started working
1811
00:41:07,791 --> 00:41:09,583
on this four years ago,
1812
00:41:09,666 --> 00:41:11,666
but mostly we do pretty much
1813
00:41:09,666 --> 00:41:11,666
what you described.
1814
00:41:11,750 --> 00:41:13,625
- Thank you.
1815
00:41:11,750 --> 00:41:13,625
[laughter]
1816
00:41:13,708 --> 00:41:15,416
Let me ask you this--
1817
00:41:13,708 --> 00:41:15,416
why is it,
1818
00:41:15,500 --> 00:41:17,583
if I want it delivered
1819
00:41:15,500 --> 00:41:17,583
in three days, it's $1.50,
1820
00:41:17,583 --> 00:41:20,750
but if I want it delivered
1821
00:41:17,583 --> 00:41:20,750
in two days, it's $85.
1822
00:41:20,833 --> 00:41:22,708
- [laughs]
1823
00:41:20,833 --> 00:41:22,708
- Why is that?
1824
00:41:22,791 --> 00:41:24,666
What's going on with that?
1825
00:41:24,666 --> 00:41:27,875
[dramatic music]
111826
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