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The self-pub number of books right now is ridiculously inflated because there is no bar to entry. None. The gatekeeper has shifted from the publisher to the reader (where it belongs). Once the gold rush emotional high everyone is on passes, that will sort itself out for a large part.
BUT that affects Trad and Self-pub alike. Amazon, B&N, Apple, and others treat the books the same. That means any new Trad Pub author is competing with the same books as any new self-pub author.
I think good authors with good business sense make it, and bad author - or bad businessmen don't as a general rule.
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