I’ve touched on this before, but while people may not want to buy single chapters of books, they do want to read things that aren’t book length. I think we’ll see more literature in the novella/short-story/long magazine article range as publishers and authors attempt to fill that gap.
But mostly, I couldn’t stop thinking of something that Clay Shirky recently said:
Institutions will try to preserve the problem to which they are the solution.
When an industry changes dramatically, the future belongs to the nimble.
Couldn’t agree more with Kottke. Change is a disaster in some organisations minds. Those capable of embracing it will persevere, no matter if they are a 1 or 100,000 person organisation.
The Book Publishing Industry is unlikely to be any different. Kindle and iPad isn’t out to save them – just to milk their fear and their profits and potentially replace them.