Embracing the Internet's Velocity of Change - Ken Auletta October 11, 2010

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Journalist and author Ken Auletta argues that while the Internet is not the most transformative technology in history, it has drastically sped up the velocity of change. Traditional media executives are scared of this change, contends Auletta -- but maybe that's not so bad. "it's healthy to be scared, as long as they're leaning forward."

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This excerpt was taken from a program titled "How Google and the Internet Affect All Media," featuring Ken Auletta. It was recorded in collaboration with the New Yorker Festival, on October 2, 2010.

Ken Auletta has been a contributor to The New Yorker since 1977 and writes the Annals of Communications. He is the author of eleven books, including five Times best-sellers. His book "Media Man: Ted Turner's Improbable Empire" grew out of his National Magazine Award-winning New Yorker Profile. Last year, he published "Googled: The End of the World as We Know It."