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Originally Posted by GlennD
US trade in 2016 (the latest numbers on Wiki....) was almost $5 trillion. $300 million is a drop in the bucket.
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True but the 300 million , in conjunction, with other economic moves by China can be significant that is why Trump is putting tarrifs on China I think.
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Originally Posted by GlenD
And usually when book companies are talking about losses, they're estimating by the number of downloads. That's legit, from their point of view, but they didn't actually lose that amount in sales. The vast majority of pirates are not selective, they're downloading ebooks en masse and aren't reading most of them. They certainly would not be buying all of those books if downloads weren't available. The actual loss to the book industry is a lot less than the $300 million.
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True and also I am not arguing for or against piracy I more or less find it as inevitable so book publishers need to find another complentary way to make money. For instance, Linux is given away for free but big corporations , like Redhat, make money as service vendors offer technical support. Also, many android apps are free but put commerical advertising within them. What eBook publishers would do I am not sure but there has to be an innovative angle somewhere. The pirates are already doing the advertising angle among others.
There is a book called "The Inevitable: the 12 technological Innovations that Will Shape Our Future" by Wired magazine editor Kevin Kelly
Chapter 6 is called 'Sharing' and although it does not mention eBooks specifically but it does make it inevitable.
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Originally Posted by GlenD
None of that, of course, makes piracy any more right (or moral?).
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Like I said it does not really matter if it is immoral or moral as it is inevitable. The hacker idea that all information should be free has obviously been baked into internet culture as a whole now.