The day before the iPad unveiling, in What I Hope Apple Unleashes Tomorrow, Derek Powazek wrote:
I’ve spent my professional career doing basically two things: making websites and making print media. It’s my hope that what Apple unleashes tomorrow is the device that finally bridges the two.
I think the iPad may do some of what Derek hopes but only a little.
Print had value because there was no better way to deliver information. People were always paying more for the delivery than for the content itself. There is a better way now, and it is cheaper. Print is still holding value, but that won’t last. In the long run, people aren’t going to pay as much for digital delivery as they did for print. Moreover, they’re going to pay for print in fewer and fewer cases.