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Actually,this "fundamental" question isn't a question at all-movies didn't replace books.
But emails ARE driving out faxes, and -more gradually- first class mail, and no one has sent a telegram in quite some time.
Ebooks are simply highly formatted HTML documents. Its pretty clear that they can do much more with this form factor.
Its also clear that ebooks in their present form can't command much in terms of price-indeed, less and and less , if we follow the reactions on this forum ($9.99 for something that offers several hours in entertainment-Unconscionable!! ).
Publishers will want to offer much more in terms of value added, in order to command a higher price, and the way to do it is to offer much more than formatted text -some kind of enhanced UX-a game or app like UX.
Mean while as the younger generation grows up with this enhanced UX as normal , only us old fogies will be clinging to our text files. Eventually, the text file ebook goes the way of the telegram and the fax. A possible future?
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