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Yes, things can change - but in what way? Let's see some products of my poor imagination ...
- geo-locked ebooks (an extended holiday licence is available)
- personalized ebook licences (a family&friends package is available)
- ebooks only as streams (various flatrates are available)
All things in the cloud, online all the time - so why not: live geo-localization, live bio-metric identification. And the always on back-channel so that the ebook provider can check for criminal activities. Criminal? Yes as we won't discuss Terms Of Use anymore. All the juicy bits will have found their way into criminal law. Jailbreaking gets you into jail - that's a funny one, isn't it. But the prize (so everything) will be alright (tune in JJ Cale).
Yes, you can't own digital content.
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