[1] https://news.ycombinator.com/item?id=8493736
[2] http://www.vox.com/2014/10/22/7016827/amazon-hachette-monopo...
[1] https://news.ycombinator.com/item?id=8493736
[2] http://www.vox.com/2014/10/22/7016827/amazon-hachette-monopo...
Look at an area that "cheap" has destroyed: the Internet. The Internet is full of crap. I had to censor the ads on a HuffPo article before printing and sending it to someone the other day. That's journalism circa 2014 where there is no money to pay for class.
Is that what we want to have happen to books too? Drive down the prices so the only way to make any money off books is to plaster the end of every chapter with full color ads of Kim Kardashian? Because that's the road Amazon is taking us down, along with all the other companies who make money from distributing rather than creating content.
Ironically, people used the exact same argument against the printing press and pretty much every single development in publishing. Remember when the gramophone destroyed the live performance? When TV killed theatre?
All of those developments lowered the price of production and/or distribution radically, and allowed the production of new cheap crap, but did not kill the incumbent as predicted.
The same is true today. Before the Internet, you would probably be subscribing to a newspaper, probably at quite high expense. If you limited yourself to free reading, you would only get crap - as true then as now.
If the traditional newspaper is largely irrelevant, there's a large and healthy selection of paid-for journalism out there, just get out your wallet. I'm a fan of The Economist, but that's far from the only selection.
Remember when the gramophone destroyed the live
performance?
The gramophone, and recorded music in general, did destroy the live performance. People listen to much less music live, even as they listen to more music overall. It's also much harder to make a living as a mid-level professional musician even as the few at the top make millions. That said, I do think these are positive changes: excellent music in huge varieties is much more widely available than in pre-recording days.(The aspect of the change that makes me most ambivalent is its effect on people making their own music. When you can't just turn on music--music far better than you're able to create--people sing for themselves and each other. People still sing some, but most are now embarrassed to sing in front of others. You're basically supposed to be ashamed of your singing ability.)
Increased competition has had a negative effect on the media. Go watch CNN clips from the 1980's and compare to today. Its a totally different product than CNN today, and it was possible because they were insulated from the degrading effects of market competition. They didn't have to plaster Kim Kardashians rack over every piece in order to make money, like they do today. And what's driving that competition? Lowest common denominator Internet media like Huff Po that can churn out dreck at zero marginal cost.
CNN is widely credited with inventing and pushing the 24 hour news cycle, driving the subdivision of news into every smaller and ever less important chunks, incessantly valuing speed over depth. "You heard it here first!" - well, who the h... cares?
Anyway, my point, which I don't feel you meaningfully addressed was that once you get out your wallet, every newsstand out there are piled high with magazines and weeklies dedicated to every conceivable topic, many of them high quality (and many of them, admittedly, not!), plenty of them completely devoid of Kardashian-themed content. Just go buy them instead of lamenting that your free entertainment is worth exactly what you paid for it.
My point which you're ignoring is that the existence of competition from the crap forces legitimate media down market. For the cost of a cable subscription, CNN is a lot crappier than it was 20 years ago.
It's still pretty useful. I just use Amazon for reviews instead of Google now. ;)
Consumer Reports doesn't have the resources to review everything and neither do outlets like CNET.
Creating a valuable review actually requires a systematic approach. Take, for example, a review of a cell phone's battery life. Such reviews are useless without disclosure of your usage patterns, whether you're in a good signal or bad signal area, whether you like to jack up the brightness to 100%, etc. And aggregating a bunch of shoddy reviews can't compare to one good one.
Typically the greater the number of consumer reviews will offset this problem. Again, some information is better than no information.
> And aggregating a bunch of shoddy reviews can't compare to one good one.
As you've already mentioned, many people can discern bad reviews from good ones. It's not perfect but it's better than nothing.
3 of the 5 reviews of this Dell 4K monitor are clearly using it on computers that can't drive 4k@60 HZ. The fourth is from someone who owns a completely different, non-4K Dell monitor. That leaves one reliable review, which provides very little information.
I wish I could say I were cherry-picking.
Ranking up there with your hyperbolic comment.
But I do agree with you that it's not legitimate to expect content to be both free (advertising supported) and high quality. It's wonderful when it happens, but people can't really complain when it doesn't, much less complain not only about the quality of the content but also the quality of the advertising. If people want high-quality content carefully selected by human editors and presented in attractive ways then they should pay for it.
Disagree. Amazon Publishing is notorious for putting more money in the author's hands/pocket than a traditional publishing house. I'll take cheaper books and having to spend a bit more time finding what I'd like versus to the alternative future publishing houses would prefer (continuing to squeeze profits out of fewer readers while keeping more of the profit for themselves instead of the author).
I feel that is a silly premise. I was unable to find any cost breakdowns of how much it costs to produce a dead-tree $8 US paperback, but I wouldn't be surprised if manufacturing & shipping is at least $4 of that cost. Lets just assume that after everyone else takes their cut, the publisher gets $2.
Now, with ebooks, you don't have that $4 manufacturing cost. No grinding up tree pulp, etc. No shipping boxes of heavy hard-cover books to stores. If publishers wanted to, they could sell ebooks directly from their own online storefront for $2 and, for the purposes of this argument, make the exact same amount of money.
Your grim future only happens if people stop seeing a $2 book as worth the money. Like mobile games- developers found out that even a $2 purchase price is too high a barrier of entry for many people, and free, ad supported games could make more money. If anything, cheaper purchase prices of books would help prevent this. Deciding between a free, ad-supported ebook or paying $8 for the same thing is a hell of a lot easier decision than deciding between free-with-ads or spending $2.
It's really just a convenience thing. E-books are easy to pay for. News websites are not. This also has to do with how we consume news: nobody wants to pay to click on grandma's Buzzfeed links on Facebook.
Also remember book authors traditionally make about 10-15% of hardcover sales and about a dollar a paperback. Ebook royalties are reportedly 25-30%, and I bet they will go higher.
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Is it really an easy choice though?
As a reader, I want access to interesting content and it seems that pushing the price down to the cost of production makes it harder to produce good content.
Another way of looking at it is the following. We as a community say that we ought to charge based on value produced and not cost of production. Shouldn't book sellers and author's be able to do the same?
Sure. What's stopping them? Authors are free to charge whatever they want. Hell, they even have a state-granted, life + 80 years monopoly on their works.
What they can't is force Amazon to sell their books for whatever price they want.
Still you can follow conversations on this very site which rail against the costs charged for music and movies and yet they have high costs of production as well.
Another article I read today talks about how traffic on the internet has been shaped by the users to where very few sites, just a few dozen, are responsible for half of the traffic.
I am in the camp of, the legacy systems are doing their damnedest to stay relevant in a world where they are not, it is as if the milk man refused to stop delivering milk and wanted to and succeeded in stopping stores from selling it.
As a reader, do you want to optimise for price or for quality? The argument is that one will ultimately come at the expense of the other, because good books need good editors and good authors need sufficient money to allow them the time to write.
I'd be very skeptical about that...
> an editor matching service doesn't seem that far fetched
This seems a lot more reasonable. I agree with your overall point that publishers are unlikely to be the best way of doing things, and there's no need to preserve the status quo for its own sake. I'm just not sure Amazon is going about it the right way, and I think reducing the perceived value of books is a dangerous game. That all said, I don't want to be too down on Amazon. They've made reading more convenient for many through the Kindle and the Kindle Store, and that alone is worth a hell of a lot...
The gaming industry is in the middle of doing exactly this. What exactly are you skeptical about? Whether an attempt will be made, or whether an attempt will succeed?
Neither. More about if it will compromise the artistry if plot is decided by a committee, which is effectively what will happen if the public gets to 'vote' for what they want to be made. Plot-by-comittee works for a lot of television and film so maybe it'll work for books too, but my gut reaction is that you'll get a much better product if the creator can act alone and not have to worry about getting defunded if they kill off a favourite character or some such thing...
Now, if they create something that people don't like, sure they will have a tough time getting funded again. But this is a point that is relevant to both the publisher and crowd sourcing model.
There is a huge market out there. Publishers don't prevent bad books from getting to it.
And they don't really pay authors to write books. More often, all different types of authors, good or bad, have to shoulder the risk of their first few manuscripts on themselves and hope a publisher picks them up. If their first published book does well, then the publisher pays to have more books written. It's a system that is useless to the most popular, breakout authors--they have essentially bootstrapped a book-writing company--and disadvantageous to the anyone who doesn't write a superawesomebestseller on their first try--as the publishers often design the contracts to leave no residuals for the writer.
Books can be--and often are--just as empty and vapid as reality TV. We just tend to put books and the people involved in their production a pedestal in our culture.
The unstated assumption seems to be that publishers are either the best or only way to enable this.
How about neither? Or either/or, in different measures? Both sides have some good points and some questionable points. Both sides have clear agendas that are, more often than not, unexpressed in their public talking points.
I'm not trying to draw a false equivalence between the two. On the balance, I'm more inclined to support Amazon's arguments -- if largely because the publishers have been grabbing margin from their writers, and because their business practices haven't evolved with the times. That said, I don't savor the prospect of Amazon's total, end-to-end dominance of the book market. I'd like there to be Amazon and publishers in this world. Both sides can fulfill a vital function in bringing great books to the market, and making them available at reasonable prices. I'd just like the publishers of the future, whoever they might be, to modernize and adapt. I'd also like companies that have the ability to compete with Amazon as a bookseller (Apple, Google, etc.) to take another look at the book market. It's not the sexiest market in the world, from a total-revenue standpoint. But it's a decent-sized market, and it's a "gateway" market into other forms of media and entertainment. (I realize Apple has to tread carefully re: the book market these days).
I do not believe that to be true, not even remotely.