'60 Minutes': It's just a toy... Video

'60 Minutes': It's just a toy... Video Transcript

>> This is his latest project. His very own sports submarine. His newest high tech toy.

>> What are you going to use it for?

>> I'm going to chase whales and scout out scuba diving sites and play with it.

>> Wow, wow, wow.

>> It's just a toy. I mean, it's -

>> It's a toy.

>> That's all it is.

>> It's just a toy. It has no commercial use.

>> How deep can you go?

>> The [inaudible] would go to the top is very sleek and fast and maneuverable, and it goes to 400 feet, which is about four times deeper than the diver can go.

>> What happens, hate to bring it up, but you're down there, and there's a, a malfunction. I mean, there you are, 400 feet be, beneath the surface of the water, and are you, are you toast?

>> [crosstalk]

>> That's a great idea, but it's -

>> What's the great idea?

>> I mean, as you know, I deal with risks, but I won't risk my life. So if everything goes wrong in this, it just floats to the surface. So it crashes to the surface. It can't sink.

>> OK. How much is it costing you?

>> Oh, it's, it's horrifically expensive, but, but it's worth it.

>> Very expensive.

>> That's my answer.

>> Horrifically expensive is your answer.

>> But worth it. [ watch ticking ]