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Comment on Lending e-books

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Frankly I don't see any indications that the trajectory of electronic book sales will go differently than music and movies. Same insanely anti-customer pathological obsession with turning sales into "licenses," same obsession with DRM, same outcome: the illegal edition is quite likely to become the more consumer-friendly version.

Today people torrent individual albums and movies, or perhaps a trilogy, or a collection of all the albums of a single band. Given the incredible efficiency of text compression, it is entirely conceivable that soon people might be faced with the decision to rent for $10 a non-shareable copy of a single book, or to just download in one shot, "all books released electronically in english, ever [mar 2011 edition]".

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