Government investment unlocks a huge amount of private sector activity, but the basic research that we put into IT work that led to the Internet and lots of great companies and jobs, the basic work we put into the health care sector, where it's over $30 billion a year in R&D that led the biotech and pharma jobs. And it creates jobs and it creates new technologies that will be productized. But the government has to prime the pump here. The basic ideas, as in those other industries, start with government investment.

I don't think there's a... boundary between digital media and print media. Every magazine is doing an online version.

The world needs banking but it does not need banks.

I’ve been waiting more than 30 years to say this: “Dad, I always told you I’d come back and get my degree.” I want to thank Harvard for this timely honor. I’ll be changing my job next year … and it will be nice to finally have a college degree on my resume.

I know there's a farmer out there somewhere who never wants a PC and that's fine with me.

Great organizations demand a high level of commitment by the people involved.

The worst pandemic in modern history was the Spanish flu of 1918, which killed tens of millions of people. Today, with how interconnected the world is, it would spread faster.