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I agree with some of the above posters: Like it or not, it will be tried and to some degree, especially at first it will work. I also agree that there isn't likely to be two versions. If publishers buy into ads as a revenue stream, even if they say there will be two versions, that won't last.
Do I think ads will work? I think they are here to stay and will be tested up to and including placement, ads in the middle of the book and so on. It's going to be tried. And I think the generation behind me...er, younger than me, will tolerate it better than I do for the most part. The generation of now is very into free things. And if you tell them they can get it for free, they will tolerate the ads and continue along the lines of expecting content for free.
This is not because they are young. It is because with each successive generation ads have become more prevalent. It's expected and more accepted.
That said, I think my space is largely gone because they tried too hard to make it on ads. I think free internet that was ad supported is largely gone because the model did not work in the long run.
Whether or not ads in books works in the long run...remains to be seen. I still don't want to write that way, even though I do write for money and try to support myself through my writing. I don't *want* to write to placement ads or put ads in my books and I'm far from ready to even try it (no one has come knocking so it's an easy decision!) I'm not going looking for trouble.
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