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Here's my answer and I can't say it any less bluntly than this.
If you're a writer working with profit in mind then you are royally, unstoppably, irrevocably f**ked.
On the other hand if you're writing because you have something to say or want to tell stories to as many people as possible, then it's all dandelion fields and cloudless skies ahead.
Society has shifted, it's highly unlikely to shift back now.
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