Future outlook for writers?

I think that the amazon kindle will change writing the same way itunes changed music. With the kindle people will stop reading "books" and just read chapters the same way people are able to choose what songs they like off an album. Writing, like all products of information, is hurting because the internet allows information to be m produced. The same thing thats happening to journalists and newspapers as well as musicians is going to happen to writers. Book sales are down and soon "paper books" will be a thing of the past just like CD's are know a thing of the past. While I hope this does not happen (it will destroy quality writing) history has a way of repeating itself