Here is my comment on the IA blog post, suggesting other ways IA could respond ranging from expanding their lending program for format-shifted physical books to changing the laws about copyright duration and taxation:
http://blog.archive.org/2020/07/22/libraries-have-been-bring...That said, sometimes bullies can be turned to buddies through understanding and changing your reactions (see Izzy Kalman) -- but not always. So no simple answers.
If the IA as a specific legal entity if going out of business from this, then what's next for the people and resources involved? As in, how can we archive the archive? Or how can the ideas spread in new ways?
I did not post this there, but as another idea beyond books, the IA could also expand its programs in other ways. For example, as an idea I submitted years ago to a Knight News Challenge on the future of libraries, public libraries could be used (via to-be-written browser plugins or proxies) to archive their local resident's public social media posts and public blog posts and comments on blogs. This archiving would happen as such comments were and submitted to social media services. The people making the posts would be granting permission to their local libraries to archive and republish the content. This could create a freely-accessible and archived public web as essentially a shadow of these social media services. The IA could coordinate that.