Baer, now 90, invented the first home video game console, the Magnavox Odyssey. It's been 40 years since the debut of the system, and Baer is still inventing toys and games. His creations range from the well-known -- like Milton Bradley's "Simon" -- to the more obscure.
"I'm basically an artist. I'm no different from a painter ... would you ask a guy who's been painting all his life, 'Why don't you retire?'" he told Friedman.
In a segment not used in the video, Baer said that kids today spend too much time on their smartphones, and that when he released the original video game console, he never envisioned it "degenerating into a one player type thing."