14 April 2014
After the excesses of the early years, did we all wake up in 2013 with a digital hangover? It can sometimes feel like it. Coming off the back of three years of treble-digit e-book growth, last year's growth rate, of around 20%, was a detoxifier. In truth though, this party has barely even begun. As Amara's Law argues, we tend to overestimate the impact of digital changes in the short term, but underestimate them in the long run. My hunch is that we are now at the fulcrum of this passage, with too much debate about whether we are at a plateau or a cliff, and not enough focus on what comes next.