This line in the article caught my attention: As start-ups and interlopers begin to grasp both the values and deficiencies of contemporary publishing they will engineer radical change.
Interlopers, lol. I think this is what predatory capitalism is all about. Indian, Russian, Chinese coders can sweep the slow to change publishers out of existence within months.
The big problem is that publishy and bookish people have no concept of the electron.
I predicted this radical change 4 years ago, stating here that eBooks would take a large percentage of reader's money, time and space.
Having run a book store for many years I experienced the following: bulk buying and storage of printed paper products ate up WAY too much money; readers wanted lightweight, fast reads by media touted authors and book publisher's money driven reviews; a way to exchange their old books for new; a method to support and recommend an author they like.
Printed book's weight will kill them in the long run. So inefficient, when virtual information can be sold and exchanged in miliseconds.
Bookstores, libraries of the future will only offer database access for a price.Printed books will become novelties, as the work of monks scribing did.
My wife runs a university library. She's inverted the entire physical place to a meeting place with access to databases. The physical books remain, but the cost of repair, replacement, cataloging and physical moving of them makes them obsolete as more and more books are turned into organized electrons that weigh almost nothing. Most of the paper books go to the dump or used book stores for the poor.
What I predict is the entire reading thing will be eliminated when a word- to-brain interface takes an author's words directly to an internal movie screen. The interface hardware will be a brimmed cap worn on the head with a small propeller on top to cool it. LOL