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Kind of hard to quantify piracy by saying IF only 1 in 10 bought the book that pirated it, you would make a million more bucks. That's like saying if one in every 10000 that passed by a bookstore stopped to buy a book, then print books would be selling x amount. There's no data that can be provided to prove that any person who pirated would have bought the book. You could just as well offer the argument that because a book was pirated that now that author might have a chance of garnering new readers thus earning him revenue he wouldn't have had before: another thing that there is no data to support.
We can all agree that DRM does not prevent piracy. What it does is frustrate a paying reader who wants to read his book across his multiple devices, although apps help to resolve this issue. Imagine buying your favorite BluRay only to find that you need to buy a new copy for each player in your home. That's what DRM feels like to me.
As for the OP, just like there was a gradual take over in music, so shall it be in books. The physical book will not completely go away, but by and large the digital version will dominate due to ease of access as technology grows. How soon? No one truly knows, all they can do is try to predict.
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