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It's predicted by the market for vinyl and cassette, not by magical thinking about books - a decline, then a rebound. The actual information content is correctly priced to approach zero. The leftover value goes to people who want something premium in their collection, people buying from a local store based on their recommendations, etc. The creators no longer solely derive monetary benefit from product sales, instead using a mix of crowdfunding, performance, and derivative license deals, as well as premium product.

The new world of media isn't ideal, but it offers a lot more flexibility than the old one. You'll be able to get free information, while traditionalists will retain their outlet.



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