Synopsis: Amazon.com, which has set itself up as a competitor to bookstores, is now entering the publication business, allowing authors to publish e-books without the need for a publication company.
Stakeholders: writers, publication companies, Amazon corporation
Social and Ethical Issues:
- Intellectual property. Anyone can publish anything in an e-book, including someone else's work
- People and Machines. This makes e-book readers more necessary, as more books will be published only on Amazon.
My opinion: This is a step forward for the writing business. If anyone can publish their works, it means that you do not have to have connections in the publication industry in order to be a successful writer. On the other hand, a lot of really bad books will probably be written and published with nothing holding them back, but essentially, this makes the field of writing more capitalist.
Future impacts/changes: More people will get e-readers, publishing companies will start to go under, Amazon will get even more profitable, internet publishing businesses will arise that publicize releases so writers can distinguish their works from the thousands of other publications on Amazon.
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