I mentioned in the last post that Amazon is not likely to keep a monopoly on e-readers or the book world for long… Wow… that didn’t take long… and so now we hear that a private company is preparing to market a Kindle type product e-reader that will be able to read and transmit in multiple platforms to multiple platforms. And Barnes & Noble is going to play with this company and have X hundred thousand titles available to start.
Nature abhors a vacuum… and you might as well say nature abhors monopolies… When one person looks like he might be making all the money from something… competitors will step in. Successful or not, the sharks swim in competitive waters looking to also make a killing. This isn’t a surprise… it is evolutionary economics.
So now everyone will have an alternative to ol’ nasty Jeff Bezos… so what are you going to complain about next? How about figuring it out now and getting off your duffs and getting into electronic publishing?
Keep your powder dry, your head up, and your stick on the ice.
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