Quote:
Originally Posted by Elfwreck
Translated from corporate-speak: "We have no idea how to maximize profits from ebooks, so we're telling everyone we can't tell how popular they're going to be."
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Laugh it up, fuzz-ball
But really, anyone (including us) who try to predict exactly what the future will look like, who the big players will really be, and what will happen to specific entities moving forward, is going to look like a big fool. And unlike you or I, these people's livelihoods depend on being correct.
Seriously, did
anyone accurately predict that agency pricing would become so important, overnight, to the way ebooks are sold? Did
you? (I certainly didn't
)
Plus, Thompson's point is that the technology is not the most important element here. As usual, people are confusing a correlation ("economy down, ebooks up") for causation ("technology is the prime mover and its advancement is inevitable.")