I don't think history is in the paper book's favor. What's more, I don't think the economics favor paper books, either.
Ebooks are already outselling paper books, and it's only been a few years. Paper books are also more expensive to produce, and more expensive to reproduce. I'm just not seeing a usage scenario where e-books are less profitable for publishers than paper, in the long run.
I don't think all production of paper books will stop anytime soon (if ever) but I would be astounded if paper books were regularly produced 20 years from now. Maybe even 15 years from now.
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