We're in an 'arms race' for smart people: Bill Ford

Thousands have flooded into Austin, Texas to experience the 31st Annual South by Southwest Convention and Festivals. Check out some of the sights and sounds from the first day. Bill Ford meets with reporters and the recent North American International Auto Show. AUSTIN -- The frenetic race to develop autonomous vehicles features a lot of bold claims, management wooing and screaming headlines. Sleep while your car drives!