Read:
How will we read in 50 years? Nobody really knows, and that in itself is crazy exciting. The publishing world could be a very different place in 50 (or even 10) years, and we can either run shrieking into the woods to escape it, or read too many trend pieces about it. Guess what I choose.
The Economist jumped on the prognostication bandwagon this week with its new essay: The Future of the Book. Every time I see one of these “What will happen to the book?” essays, I sigh. I desperately want them to have answers, or new data, or something to cling to. But nobody has answers, and I should know that by now. But I always read these essays anyway, if only because I can usually find one or two insights that are interesting. Here’s what struck my fancy in this essay:
Unbundling and crowdfunding: The essay mentioned the idea of unbundling the services that publishers provide and offering, for instance, an a la carte menu for authors. It also mentions the recent rise in crowdfunding and the efficiencies of securing sales for a book before it is even created. (We’re already close to this anyway with preorder campaigns, which seek to secure sales before the book is officially available and which are becoming more and more important each year.) The potential of both unbundling and crowdfunding fascinate me.