1. In 3-5 years, will printed books go by the way of vinyl records?
This is something I know 100% that I am not wrong in...it will take longer than 3-5 years, but printed media is on its way out. There is no way around it.
Just like the typewriter. There are people who prefer writing on a typewriter, for example, but the truth is, a computer is 500% better because of the editing options you have.
Printed media feels good to hold...but let's be honest...we're a dying breed. There will come a point in time when schools require eBook Readers in place of actual books. Economically it will save millions. Those kids will grow up on eBook Readers or Tablets, and that will be that.
The publishers that accept this and plan for it will be the most successful. Denial is death.
2. Will brick and mortar pub houses be releasing e-books and promoting them?
They already are. Many publishers are starting new websites just for eBook publishing. One advantage is overhead. Publishers can have their own stores for little cost.
3. Will the role of agents, as we know it, change to where they will be assisting with the release of e-books?
Agents are going to be the hardest hit. They will have to adjust on the fly. I think you will see more and more agents starting to offer other services, such as editting. Even though it's frowned upon right now, they may have to do it just to survive.
And they may have to take lower commissions in the future. 10-15% of a printed novel doesn't hurt as badly as 10-15% of a lowerpriced eBook. Adjustments will need to be made. Agents will have to do these things to adjust:
1) Lower commissions
2) Higher quantity of clients
4. Will only a few select agencies and pub houses be still around after this shakeup?
It depends on how the industry addapts. I think there will always be ways to succeed so long as these agencies and house are willing to evolve.
Take website designers for example. Web Hosting companies have started offering easy website template systems to their customers. It's killed the web design industry.
So now, designers provide template design to those hosting companies.
5. Where will authors go to have their work validated or authenticate its release?
Listing services. That's the future. Reviews and listing services. Authors can now self publish electronically for next to nothing. There is an untapped market there...when a company begins gathering listings and reviewing the works of these authors...that's when things will really take a huge step forward.
6. Will there still be gate keepers or will it become an open entry into e-pub for all authors? If so, will the readers ultimately become the gatekeepers? And if so, will the reader be the one left with the onerous responsibility of sorting through the slush pile?
I think it will come down to advertising. Even now, we occasionally see commercials for new books from popular authors. So much overhead is removed by publishing electronically that there is room to budget quality advertising. That's where the trend will lead.
7. Who will be responsible for winnowing the chaff from the grain?
And there's the crutch of the matter. It will have to be the readers. Sites like Amazon will develop legit ranking systems, supported by the consumers. It's coming slowly, but it's coming.
8. Are you willing to gaze into the crystal ball and predict the future?
Just did