Q (Daniel Lyons, Newsweek): Have you been surprised by the Kindle's success?
A. (Jeff Bezos, Amazon.com) Astonished. Two years ago, none of us expected what has happened so far. It is [our] No. 1 bestselling product. It's the No. 1 most-wished-for product as measured by people putting it on their wish list. It's the No. 1 most-gifted item on Amazon. And I'm not just talking in electronics—that's true across all product categories. We've spent years working on our physical books business, and today, for titles that have a Kindle edition, Kindle book sales are 48 percent of the physical sales. That's up from 35 percent in May.
Q. Is there a next phase where the novel gets reinvented and the new digital medium gives rise to new art forms?
A. I'm skeptical that the novel will be "re-invented." If you start thinking about a medical textbook or something, then, yes, I think that's ripe for reinvention. You can imagine animations of a beating heart. But I think the novel will thrive in its current form. That doesn't mean that there won't be new narrative inventions as well.
Q. Do you think that the ink-on-paper book will eventually go away?
A. I do. I don't know how long it will take. You know, we love stories and we love narrative; we love to get lost in an author's world. That's not going to go away; that's going to thrive. But the physical book really has had a 500-year run. It's probably the most successful technology ever. It's hard to come up with things that have had a longer run. If Gutenberg were alive today, he would recognize the physical book and know how to operate it immediately. Given how much change there has been everywhere else, what's remarkable is how stable the book has been for so long. But no technology, not even one as elegant as the book, lasts forever.
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