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It's interesting that almost everything in that quoted excerpt is from the point of view of authors or publishers, not the reader. It's speaking in terms of monetary matters.
"Ebooks are changing literary culture in numerous ways, none of them reassuring."
But if you look at it from another point of view, it IS reassuring. Books will always survive in electronic form, no matter how much paper degrades over time. With e-readers, regardless of one's proximity to a library or bookstore, almost any book can be found on the internet and read on a device in a book-like manner.
In the grand scheme of history, the advent of the ebook is a great thing.
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