Not dead yet, but soon to be killed

End of Publishing As We Know It
...But what do you think?

The book publishing industry is not dead yet, but the Internet will almost certainly kill it. Some of the most famous works of literature were actually serials before they were turned into books. Before long, a smart entrepreneur will figure out how to create a Internet community for aspiring writers where writers will upload serials as inspiration hits them. Readers will be able to purchase access to the serials for a much lower price than an actual book costs. Once the right entrepreneur comes along and works out all of the details, the book publishing industry will be quickly killed off as an anachronism.