As I said in that other thread, there are a million types of e-books and a million kinds of e-readers. Talking about Kindle and e-books as if they are one and the same is an absurdity that will lead this discussion into conclusions that have no foundation in reality.
Within a very few years every device that you own will be able to download e-books. I have a very cheap and basic cell phone that I keep in the car for emergencies and nothing else, and yet it can connect to the Internet, which means I could read some e-books today, even if only a line or two at a time. Everybody who can text on their phones will be able to read e-books and that will be billions of people soon, if not already. E-books and computers are essentially synonymous today. The rest is control and pricing and availability.
Those are non-trivial matters. Books are not websites, open to all. They are a product, written for money and the source of peoples’ incomes. Authors have to have a say in how their work is distributed and what share of the money charged and collected they will earn. How to do this is not at all obvious. It is contentious and difficult and will take years to work out. Who will be allowed to control this process is also not obvious. Few contracts until recently had in them any provisions that cover the conversion of books into electronic format. Does that mean that the author controls the process or the publisher? Court battles will last indefinitely.
Pricing is crucial. Many people have the notion that e-books should be as cheap as music singles. That’s unsustainable. Books take far more time and effort and individual authors can produce fewer of them. Book prices will probably fall somewhat but people will continue to complain. That means that piracy will probably increase. Piracy hurts everyone in the industry.
Which leads to proprietary formats. Anyone can move certain basic txt or pdf formats around any computer, many them easy to pirate. Kindles use a proprietary format that is harder that rip off. But the conversion software is currently very bad, and books with many typefaces, formatting, images, footnotes, or other deviations from one standard text do not emerge well onto a Kindle. Somebody will have to lick this problem to get more books converted successfully.
Two types of books are easily available today as e-books: recent books by large publishers who can jump through the hoops and self-published recent books by small presses or individuals who compose them directly for e-formats. That leaves about 99% of all other books out there dangling, waiting for the world to change.
Some will never make the transition, just as some music on vinyl never got converted. Most books eventually will see some sort of electronic form. Eventually will be a long time. Physical books also have many advocates and many advantages, more so than vinyl. They won’t go away as quickly or as fully.
The government will never got involved. Period. Content provider control over your books is a non-issue. Amazon was completely right - it was compelled - to remove a book it didn’t own the rights to. It handled the PR badly, but no morals were trampled on. Books vanishing because the big bad Them doesn’t want you to read them are as likely as books being removed from your home today. Somewhere, someplace, sometime, something bad will happen to someone, yes. I guarantee that. Still probably an improvement over today’s reality.
For the next decade or two we’ll have the best of both worlds. I can’t predict what happens after that.