I wanted to be fair, Obama told Texas Tribune editor-in-chief Evan Smith to laughs from the crowd.

He specifically cited the failure of his Affordable Care Act website, noting how the site didnt work.

This was a little embarrassing for me because I was the cool, early-adapter president, Obama said.

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Credit: Mandel Ngan/Getty Images

My entire campaign had been premised on having really cool technology and social media.

Part of my job is to institutionalize that over the next several years, Obama said.

It can be done.

It requires some effort, but everything requires some effort.

He quickly added, Thanks, Obama, in a mock tone, drawing huge applause from the crowd.

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Obama was first announced as a SXSW keynote speaker last week.

The first lady represented the Obamas at the ceremony.

Nearly 1 in 3 American families struggle to afford diapers.

Were working with the private sector to help fix this.

Seniors can now apply for Social Security benefits online.

Looking forward to discussing more ways we can modernize government so its as smart and dynamic as America itself.

See you soon, Austin.