This article from the Economist contains a fairly nuanced set of predictions on the future of the book.
Interesting point that people often package a 50-page idea into a 300-page book because those are the economics of the medium.
The observation that the electronic medium offers lots of benefits in the scholarly environment, but not so many in the recreational reading one, would seem to bode well for physical books in book stores and public libraries but not so much for those in academic libraries.
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