An interesting article in The Guardian from Stephen Page, publisher and chief executive of Faber and Faber:

Technology, often feared by the bookish world, is a growing friend. As the mass market has risen so has the reality of a technologically connected society. This doesn’t just mean Facebook. Global communities are gathering around common interests online, just as intellectuals gathered in cafés in 1900s Vienna. They are gloriously beyond corporate control and naturally antipathetic to the reductive mass market. We are only at the beginning of this social revolution. I am not an advocate of the life led online, but as broadband reaches all generations, genders and income brackets, so this will develop usefully. It won’t be all of life but it must be a place where niche interests can develop, robbing the mass market of a portion of its control. Literature can thrive in these places.

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