From The Economist, a marvellous essay on books and publishing. Here are a few quotes:
‘… to see technology purely as a threat to books risks missing a key point. Books are not just “tree flakes encased in dead cow”, as a scholar once wryly put it. They are a technology in their own right, one developed and used for the refinement and advancement of thought. And this technology is a powerful, long-lived and adaptable one.’
‘The growth rate of e-books has recently slowed in many markets, including America and Britain. Publishers now expect most of their sales to remain in print books for decades to come—some say for ever.
There are a number of reasons. One is that, as Russell Grandinetti, who oversees Amazon’s Kindle business, puts it, the print book is “a really competitive technology”: it is portable, hard to break, has high-resolution pages and a “long battery life”.’