True in the short run who knows how the details will work out. In the long run though more and more reading is going to be done electronically rather than on paper. It's just a matter of the technology advancing, becoming cheaper, and more widespread and people getting comfortable with it.
When will the switch to electronic being mainstream and paper being specialty happen, will it be a fast or slow switch, 2 years or 20? Who knows. Eventually the kids will say to their parents "You mean you actaully carried around thick, heavy books printed on paper? To get a book you had to drive to a store or library and hope they had a copy? You even kept giant shelves of them in your house? How bizzare mom."
The resistance is like the resistance to any change. It's something new and unknow and thus causes discomfort. Paper is old and well understood and people are comfortable with it but eventually change will happen. When kids grow up and their school books are all electronic do you think they'll want to load up with a bunch of heavy paper volumes for their pleasure reading? At that point paper books won't make any sense to them.