Will traditionally printed books go the way of the CD, whose sales are plummeting as music lovers find new (read "cheap") ways to listen to their favorite artists?
Economist and New York Times columnist Paul Krugman thinks so. In a June 6 column titled "Bits, Bands and Books," he writes, "Bit by bit, everything that can be digitized will be digitized, making intellectual property ever easier to copy and ever harder to sell for more than a nominal price. And we’ll have to find business and economic models that take this reality into account."
Food for thought. Click here to read the complete article.