I would like to suggest an alternative view point. Instead of e-readers and e-books creating an elite reading class, what if they actually make reading 'cool', enticing kids to start reading?
Why I suggest this is that many of the kids in school and university today have grown up surrounded by electronic devices. And then we expect them to read these really primitive things called books, in a format that is essentially unchanged over the last 200 years. With ebooks and e-readers, and the chance to read either via or over the internet, it may be slightly more attractive for the tech-savvy.
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