take ted turner, he makes use of television. innovators put two or three things together that were separate. you fly 747 across the atlantic so do most of the people. who did that? nobody invented the 747. innovation was one trip of pan american -- >> where is the creativity? >> the jet inning understand are the way of the future, pursuing pratt and -- >> what about g.e.. >> wait a minute. then he goes back to the air frame makers and per suedes them and tricks them to build a quite plaint because he wants to demise travel. he -- democratize travel. g.e. was founded by thomas edison so -- >> yes. >> so one of my great things. >> here is what you say about the motivation of innovate oos, a surprising number of innovators have a redeeming virtue, do they have to be redeemed? what is wrong with invention? are we now on the saim sam colt's piss toll description. >> this was an attempt to preempt people like the "boston globe" who were saying all these -- >> soul acknowledge there is some redemption involved. okay that. is a politica

but i will tell you that 10 years ago i sat in a conference where ted turner was on with cnn and there were broadcast executives saying this is not journalism. this is chicken noodle network. you're spending too much money. and time offered $5 million for it. and he did not do it. now they would pay $7 billion for it. this is just a matter of -- do you embrace or do you push away? newspapers are not going out of business. there is a way to take your core competency and move up the food chain in this new media. >> how about your prediction? >> i was wrong. they are going out of business. they could have moved more aggressively more quickly into the new media. newspaper are now starting to get more active in blogging, starting to realize the importance of video. they're really trying to embrace that all of their consumers are not reading printed paper. prices have gone up for gas. humans charge too much money. what is ironic is that the free product, i am a subscriber to the "washington post", their free product on the web is better product than what i paid for newspaper form. i get the