. >> host: steve jobs, you compared him wanting to alexander graham bell and thomas edison. also?>> guest: all three of them were incredible innovators and self promoters and marketers. one of my favorite stories were useful stories to know this before the telephone took off he had to sell this thing and people regarded it as a toy and they would come to conventions and two demonstrations and start kind of giving keynote lectures. so he was doing to these demos that are part of the mythology building machine. i have a chapter that talks about that, too mac and the same with thomas edison who is a great guy, good inventor but he was the host to a giants team names that are all but lost in history. the people that did the brutal work of getting it right before it came out because the light bulb is a lot like the iphone they just were not that great yet. what edison davis found a perfect combination of broadcast that everybody liked that was pleasing and with a sort of longevity so they turned it into a useful product. he wasn't the first orde or thee that invented the patent for how

even edison, thomas edison had in early silent movie of uncle tom's cabin. >> did excel in the south? >> it did although it was also abandoned the south. it is a propaganda machine and proslavery advocates from the 1820s onward. people were productive teaching them christianity. there was a whole for proslavery machinery that fit into the industry of the time. the man that wrote the hymn amazing grace was a slave trader. >> he was so affected by the horror of it but that is when he gave it up and became an abolitionist and wrote the song amazing grace. >> the south in 1861 was the richest part of the nation. at the very top slaveholders with politicians on the state level as well as a national level. they said the industrial revolution of the northeast so it was in a good place financially. there were 4 million people at the time and it was a place that was not slowing down in the institution of slavery they wanted to reopen the trade and they wanted merritt territory to expand and territory in latin america particularly the caribbean and central america to expand their plantation. wh

to texas, and all these scientists and people converged in wyoming and he does this thriller of thomas edison, wanting to prove certain experiments worked, this woman, mariah mitchell from vassar, who excluded because she is a woman, and this very pompous professor from the university of michigan, james watson, who wants to prove that -- and he creates drama out of these three, all covering this great eclipse. >> one more book to talk about. >> guest: jonathan bass is a an alabama historian. he says that we really don't know the -- we always cover the familiar stories. we cover the march on washington, we cover letter from jail, we cover the -- and he said that, as the reviewer said our civil rights came in through a traveler in alabama, scott cook, who told me bob, you have to look at it. all this trial work about this man, caleb washington, who was arrested in alabama for a crime he never committed, for killing a prime minister, which -- policeman, which he didn't do. he didn't live in the death penalty. when he was freed up to, and. i was moved to tears when "the new york times" book revie

(energetic pop music) when asked what was the key to his success, the famous inventor thomas edison replied, "1% inspiration and 99% perspiration." the lesson being that you shouldn't just rely on talent, but also on hard work. as amelia reports, that's good advice if you plan to apply to college. - when i say sat or act, what comes to mind? - um, a standardized test you have to take in order to get into college. - pressure. - i cringe because i'm taking it this weekend. - anxiety. - stressed out. - and, just general angst. (laughs) - [amelia] when i say sat or act, what comes to mind? - uh oh. - anger. just straight-up anger. i do not like the sat. i do not want to take the act, which is what i'm planning to take. and i just want to get it over with. next year, done. - yes, few letters strike more fear in the hearts of kids hoping to go to college than sat or act. to learn more about these tests, we're joined again by rob franek. he's a college prep expert from the princeton review. hi. - good to be here, thanks for having me back. - for those of us who aren't geniuses with photographic me

mythologies of building a machine that those demonstrations were interborough but the same with thomas edison he was host to a giants team whose names are all but lost to most people in history but those that really did the brutal working and the trial and error put the light pole is like the iphone it is for not that great but edison found the perfect combination of the globe -- with the glow and the longevity. he was not the first juror developing that patent but that is the links to a large team much like the i phone team works with steve jobs. >> what about the nature of the creative process? so a project can be destroyed so there is that aspect the year could have the of area that they were working the wealthy companies that they became then there was different battles or two different approaches. and it was the a meritocracy to give us the sense of how this plays out. but where do you come all? but it is all about collaboration and composition and but really that is the rule of steve jobs but by the end there is the interesting elements that play with that social capital he had to be th

in the late 20th century based on uncle tom's cabin and so, even edison, edison had an early, thomas edison has an early movie, a silent movie of uncle tom's cabin. >> did it sell in the south? >> it did sultan south of the was also banned in the south. so you know there were people who wanted to read it. you had to read it to be able to protest it you know but also they were people who thought this is not good literature for the south. in this course, the south is on propaganda going. they were africans very important from the 1820s onwards. work producing literary and stories about slavery. and you know you are taking uncivilized people and he was civilizing them. people, making them productive by teaching them christianity and teaching them to have a skill and organize family life because in africa they were promiscuous and over sexualized excesses. so there was a whole you know proslavery machinery that was very important and it fit into the literary industry of the time and the mean of the - the south fought back. >> i think i read that the men who wrote the hymn amazing grace used to

i have quoted this great thomas edison quote from a century ago, visions with the execution is hallucination. so the idea was good but the execution was not. it was frustrating i think that everybody involved. certainly it was for me because i had this passion for this idea of these companies and what together they could do but we just couldn't get out of our own way. eventually i dear or so later i decide to step aside and leave the board and that's when i started revolution and went back in the garage and started backing the next generation of entrepreneurs. >> host: steve case, let's close with darren samos and a politico you quote in your book. the government doesn't have any single mechanism to address the internet of things or the challenges it is presenting. >> guest: one of the concerns i have which is why the paperback version came out recently i had a whole new chapter, and agenda, a seven part agenda, the restored agenda to make sure america can we start the way in the third way. i don't think there's an appreciation of some of the challenges but also some of the opportunities tha

but america is more tolerant of trial and error we know about thomas edison but the people know thats fired by the telegraph office and lost money in the iron business is in the company and henry ford failed completely the first time dr. seuss was rejected by 27 publishers an old pro was fired from her first job they called her an unfit for television. [laughter] they all failed and tried again. where you can write the script of your own life in america. [applause] so when a pessimist like me says bearden some government regulation i hope you will ignore me to prove me wrong. that is the show for tonight from loss biggest and freedom fest. go live the american dream. [cheers and applause] >> a sailor who was with jfk aboard pt-109. >> the ship came out of the dark, and harold was killed. >> the young man's mother begins a correspondence with the future president. >> i was actually shocked when i saw what the letters detailed. >> the letters are tucked away for years. >> these documents could be of significant historical value, and they could also be worth a lot of money. >> this is o

so even edison, edison as an early, thomas edison has an early movie, silent movie of "uncle tom's cabin." >> host: did it sell in the south? >> guest: it did sell in the south, although it was also banned in the south, too. and so there were people who wanted to read it. you had to read it to be able to protest it. but also there were people who thought no, this is not good literature for the south. the south had its own propaganda machine, proslavery advocates for imported from the 1820s onward, who were producing literary tracks, who are producing stories about slavery, saying slave was something positive because you are taking uncivilized people and we were civilizing them. people who are idle, making them productive. teaching them christianity and teaching them to have a skill and help them organize a family life because in africa they were promiscuous and over sexualized, et cetera, et cetera. there was this whole proslavery machinery that was very important a and it fed into the literary industry of the time and the things people did as well. they fought back. the south fought bac

were to make a lot of sense but the execution of the merger didn't and i've quoted this great thomas edison quote from a center go. vision without execution is hallucination. so the idea was good but the execution was not. it was frustrating i think or anybody involved. certainly was for me because i had this passion for this idea of these companies and what together they could do but we just couldn't get out of our own way and eventually a year or so later i decided to step aside, leave the board and that's when i started revolution, back in the garage and started back in the next generation of a bunch of numbers and it's been a lot of fun. >> host: let's close with baron sam was in a politico who you quote in your book. the government doesn't have any single mechanism to address the internet of things for the challenges it's presenting. >> guest: one of the concern i have which is why when the paperback version came out recently i added a whole new chapter, sort of an agenda what i call the restart agenda to make sure america can lead the way in the third wave. right now i don't think the

secures the services of one of the most distinguished citizens, an army of businessmen like thomas a. edisonerver calls washington, a patriotic madhouse. one of the new faces of government, herbert hoover, organizer of worldwide relief for belgium in 1915 now summoned to run the food program at home. battalions of volunteers work farms and plant gardens to help feed the nation and the allies. for housewives, the watch words are save food. the public translates it into hooverized. out in the field were women and youngsters and the slogan is do a man's ♪ ♪ ♪ ♪ >> love may not change, but motherhood will never be the same after this war. america's women taking on a man's job work up new arguments to support their demands for the vote, demands that will be fulfilled in a constitutional amendment after the war. how are you going to keep them out of the voting booth after they've helped win the war? ♪ ♪ ♪ >> along with its heroes and heroines, the war effort produces new villains. this scene takes place in birmingham, alabama. a slacker driven out of town by his neighbors, with the draft strictly

more of our presidents then come from any other state, thomas edison, the wright brothers.nd if you include the northwest territory, which is what much of the book is about, you have abraham lincoln, and it goes on and on. the northwest territory was a subject i knew nothing about, and very briefly, the northwest was ceded to us by the british at the end of the revolutionary war and the treaty of paris in 1783. it was a brilliant stroke of genius on the part of john adams and others who were the diplomats at that occasion. because what they ceded to us equaled in size the entire area of the original 13 colonies. in other words we doubled the , size of our country geographically, physically, with one stroke of the pen. and there was nobody except native americans living there, no settlements, no towns. nothing. there were squatters and traders and fur dealers and trappers, and so forth but no settlement. , the idea that was cooked up by this fellow cutler, and others from around boston was to create a way of paying back to the veterans of the revolution who never received an

it was like mozart and newton and einstein. 10% inspiration and 90% perspiration to quote thomas edisonand like mozart, einstein and edison, james madison changed the world. when he was well, he was very, very well. traveling 1,000 miles through new york with lafayette. travel tloug th traveling through that blizzard to new york, indeed getting from montpelier to philadelphia was quite a challenge. his trips were over roads that wouldn't be called roads today. he often traveled in the rain. i'm struck by how often it was muddy on those roads. and one time it was worse than that. he was forced to dismantle his carriage, take the whole carriage apart over a swollen pond and then he had to swim his horses across. so this is an extraordinary amount of energy to spend if you're sickly. now it's true that madison had the gastrointestinal problems that plagued almost everyone in the 18th century. this is a time, remember, when people believed that illness was caused by bad air and doctors didn't wash their hands. but in addition to the common ailments of the day, madison suffered from what he

. >> you, i mean, steve jobs you compare at one point to alex and thomas edison, how so? >> well, both were, you know, all three of those men were -- incredible innovators clearly but they were also incredible self-promoters and they were incredible marketers. within of my favorite stories about belle or one of the most useful stories to know is that before, you know, the telephone took off you know he had to sell this thing and people regarded it as a novelty this toy -- and he would come to conventions and he would, you know, do common installation and he would start kind of getting like jobs like, you know, lectures about what it could do and present this stuff and slowly but surely he was selling like doing tech demos which are part of, you know -- apple's yoin mythology -- and same with edison. you know edison was a smart guy. great invent tore but host to giant team whose names are all but lost to history to most people other than historian of technology and the like but people who sort of really did the -- you know, brutal work the trial and error getting the exact

at one point to alexander gram bell or thomas edison. how so?>> guest: well, both were, you know, all three of those men were incredible innovators could but there also incredible self promoters and they were incredible marketers give one of my favorite stories about belt one of the most useful story to know is that before the telephone took off he had to sell this thing picky basically, people regard it as this, this toy, and he would come to conventions and he would do demonstrations and he would start kind of giving like jobs like lectures about what it could do and present this stuff. and slowly but surely people that interested. he was selling it. he was doing these tech demos which are part of apple's mythology building machine, these demos are really, i have a chapter that talks about that, too. the same with edison. edison was a smart guy, great inventor, but he was host to a giant team, not, whose names are all but lost to history to most people, other than historians of technology and the like, but the people that really sort of did th

you go back to the 1880s and you have thomas edison and george westinghouse fighting over the electricpen. in the long lens of history, technology has always improved the human condition. the question is there's noise between here and there and how do you manage that situation. that's what musk is pointing to. he believes you need oversight and some kind of apparatus. >> there are people who believe they say there is a warning unless we have regulation and monitoring. >> one of the things he loves about technology and software is you can constantly improve it. if there's a problem, we'll fix it. that marks the approach to thinks. that's their world view about this. >> you don't think this is just two billionaires playing a game of whose is bigger. >> you know, i think they have a clear dins of opinion that they're both enjoying using, but i do think there's a philosophical point of view that's specifically different. again, both of their businesses rely on ai, musk's as much as zuckerberg. they both are investsed in it. the genie is not going back in the bottle. that's ghoingt to happe

you go back, though, in history, right, go back to the 1880s and you had thomas edison and george westinghouse was going to kill people. so these things always happen. in the long lens of history, technology has always improved the human condition. the question is there's noise between here and there and how do we manage that situation. that's what musk is really pointing to. he believes we need more oversight and some kind of regulatory apparatus to make sure technology and ai develops. >> there are people like bill gates and others who have said there is a warning unless we have regulation and monitoring. >> unless there's some way to do it. mark zuckerberg, one of the things he loves about technology and software is you can constantly improve it. if there's a problem, we'll fix it. that's sort of mark's approach to things. and that's kind of part of where their clash comes about. >> so you don't think that this is just two billionaires playing a game of whose is bigger. >> well, i think they have a clear difference of opinion that they're both enjoying using. but i do think there's a philos

. >> thomas alva edison was a man synonymous with wizardry and invention, known the world over for hisarch and discoveries. during the late 19th century, he was perhaps the most celebrated living person in the world, and it was during this time that he met the woman who, while most well known for simply being the wizard's wife, would leave her

. >> thomas alva edison was a man synonymous with wizardry and invention, known the world over for his research and discoveries. during the late 19th century, he was perhaps the most celebrated living person in the world, and it was during this time that he met the woman who, while most well known for simply being the wizard's wife, would leave her ow

. >> if you think this guy is the next thomas edison, jump in. time to wait and see how to pans out. charles: i think a combination of tesla and p.t. barnum. and jeff, helping the white house reach the tax reform, do you think they're focusing so much on corporate taxes first rather than the individual tax? because this is easy to pass, easier to pass, i think. >> yes, and they could pass that now. they could pass that now, it's not going to take much time. it's what reagan did. i believe if they do this, that will put some momentum behind the next round. we need the corporate tax cuts desperately, but we need tax brackets to be lowered and they could do that now as a sign of good faith and as a sign of what's to come. we need massive tax reform. it's got to start. >> from that same poll, 38% of folks don't want the corporate tax cut. so, they're weighing in against it by a pretty fair margin here. of course, people want to protect themselves. they want their own interests taken care of. charles: it does feel like, scott, especially if you pound

>> oh, elon musk is thomas edison of our time. doing with space and tesla.tter than i think anybody expected. price to value, 40,000-dollar car can go 2 to 300 miles on a battery, 30 cars delivered. i got update mine will be available i did early order by december to february. look it is expensive stock. i would not advise anyone to buy this stock. they will see a lot of competition from the traditional automakers. this car will put, he is saying he will ship all 500,000 in calendar year 2018. that will be massive. that will quadruple of number of teslas they put on the market to date. stuart: last one, snap, early investors can sell their stock and they wish to. apparently some of them are. what is your rating on snap as a stock that you might want to buy on a dip? what do you say? >> i would not buy snap at this point. look the stock is a tremendous achievement. these people, a few people in a room built a company that has 160 million people go on it every day. they will do close to billion dollars revenue. too expensive, too expensive by any measure. that