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eBook revenues outpace print in Q1

Net sales revenue from eBooks have surpassed hardcover books in the first quarter of 2012, pointing to a historical moment in publishing.

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eBooks outsold hardcover books for the first time

According to the Association of American Publishers’ (AAP’s) net sales revenue report, adult eBook sales were $282.3 million, while adult hardcover sales counted $229.6 million during the first quarter of 2012. During the same period last year, hardcover sales accounted for $223.5 million in sales while eBooks logged $220.4 million.

“In Q1 2012, net sales revenue for eBooks was higher than that for Hardcover; this represents a switch of positions in the category vs Q1 2011. In both quarters, however, Trade Paperback remained a clear #1 in net sales revenue despite some erosion. While eBooks continue to show growth, downloaded audiobooks also keep accelerating vs last year – as some experts have said, tied to ongoing popularity and acquisition of smartphones and mobile devices.”

A glimmer of hope for bibliophiles is in the Young Adult and Children’s category which saw growth in revenue for hardcovers, up nearly 67 percent to $187.7 million. This category saw a 233 percent increase for eBooks to $64.3 million, but remains far behind print sales.

Personal story about my bibliophilia

Hi, my name is Lani, and I am a bibliophile. Whew, that feels good to get off of my chest. It may surprise some of you that know me well, because I report on technology and operate a digital publication, but despite the changing technology, I can’t shake my affinity for physical books.

When I was young, we lived in the Texas country with not much to do nearby. Before Kindergarten, I would hide in my grandmother’s classroom as she taught dyslexic children to read through the Phonics program. Like magic, I picked it up, and out of curiosity and boredom, I began reading the Nancy Drew series, which was the only thing that looked interesting in my grandparents’ giant wall of books. Before I started school at age four, I had finished the entire series which made school quite boring as children recited the alphabet and I smuggled novels into the classroom to read while they struggled.

By age six, I was writing poetry and had been published, and my book collection was massive. I was always the kid in the class who read the highest volume of literature, and I won a contest in sixth grade for my reading so much, which I seriously thought would be the pinnacle of my entire life. All of this led to my enthusiastic trip to Dallas that year to a shell of a second story retail location my aunt and uncle had just leased, as they were opening an independent children’s bookstore. The green grass carpet had just been laid, a stage was built, the walls were covered in chalk board material (before chalk board paint existed), a castle had been built in a corner, and there were boxes and empty shelves everywhere. I distinctly remember the smell of fresh hardback books in a box that no shopper had ever touched, and the softness of every single page. There was a glowing pride that swelled up inside of me with every book I had the honor of neatly putting on a shelf.

I worked at the bookstore every summer in high school and the first few years of college, and was able to meet many famous authors, and perform dozens of story times in costume. I loved it. There was this inherent understanding that it was an honor to be around books, because each word was poured out from someone’s soul and shared with the world.

In college, I studied English Literature as well as Spanish Literature, and I was again honored to be educated by novelists and students of the written word. I kept all of my textbooks and novels from college, and every so often visit them when I have time.

To me, physical books are more than just an author’s word that can be translated across any medium. I read eBooks, and I purchase print books, but I still have a different physical reaction when turning pages than I do reading digitally, and I am able to retain more from the pages that smell like a new bookstore. While not everyone has the same affinity for booksas I do, and not everyone could possibly care as much, I still choose print over digital, even as a digital publisher myself. The next generation may feel differently, but for me, nothing beats being honored with a writer’s soul that spilled onto a page that I smuggled into a classroom when I was four.

Lani is the Chief Operating Officer at The American Genius and sister news outlet, The Real Daily, and has been named in the Inman 100 Most Influential Real Estate Leaders several times, co-authored a book, co-founded BASHH and Austin Digital Jobs, and is a seasoned business writer and editorialist with a penchant for the irreverent.

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1 Comment

1 Comment

  1. HannahShaner

    June 19, 2012 at 2:15 pm

    As a book publicist for many indie author imprints, I completely understand your sentiment! There’s nothing quite like the smell and feel – and just overall experience – of a printed book. As a publicist for a free DIY e-publisher (Booktango), though, it’s such a different world. I truly hope print books never go out of existence, but it’s only logical to be able to access books like we access everything else – right this second, wherever we are. Interested to see where things go…

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Tech News

Another thing that can trick iPhone X facial recognition

(TECH NEWS) The iPhone X has had an array of challenges, even with their innovative facial recognition technology.

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iphone X facial recognition

Yiiiikes, a mask tricked Apple’s new Face ID feature. Vietnamese security firm Bkav Corporation recently held a demo pointing out flaws in the iPhone X’s facial recognition, claiming the technology is not as secure as Apple originally touted.

Bkav Corporation focuses on network security, anti-virus software, and mobile security software. Bkav Corp created a 3D mask that “beat” Face ID in a demonstration. The mask was crafted with a combination of 3D printing and 2D images.

When verifying users, Face ID takes photos using infrared cameras. The first photo creates the surface of the face then the second pic makes a mesh, reproducing the face in 3D. From there, Face ID uses AI technology to distinguish faces.

The 2D/3D hybrid is meant to throw off the AI feature specifically. According to Bkav’s VP of Cyber Security Ngo Tuan Anh, “Apple’s AI can only distinguish either a 100% real face or a 100% fake one. So if you create a ‘half-real half-fake’ face, it can fool Apple’s AI.”

Face ID is supposed to have a one million-to-one chance of false recognition.

Compared to Touch ID’s potential fail rate of fifty thousand-to-one, Face ID is meant to be way more secure. However, the risk of a false recognition increases with identical twins, siblings, and children under the age of thirteen since their facial features aren’t finished developing.

When iPhone X launched, Apple stated they worked with professional Hollywood mask makers and makeup artists to ensure Face ID couldn’t be fooled by masks or other prosthetics. While Apple noted Face ID should still work if users get haircuts, change facial hair, or sometimes wear glasses, masks weren’t part of the good-to-go features for unlocking phones.

If you’re one of the adopters of iPhone X, don’t start freaking out yet though. To create their mask, Bkav had to use a handheld scanner to get pictures of their target’s face. As in, the person whose phone they were trying to hack had to be in the same room to get the initial scans.

Plus, Bkav could have intentionally done a subpar job of setting up the Face ID. The obvious solution if you’re still worried? Add a passcode as well and don’t trust anyone who wants to make a mask of your face.

Read also: Do literally anything with your money besides buy the iPhone X

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Well great, now the robots can do acrobatics

(TECH NEWS) Do you want Terminators? Because this is how you get Terminators. Bipedal robots can do backflips now…

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robots y'all

This is it. It’s happening. Robots.

A year ago Boston Dynamics robot Atlas was learning to stand and falling over while walking. Now, Atlas has been upgraded, allowing it to easily scale blocks parkour style, doing backflips, and even raising its arms triumphantly after nailing a landing.

And I am raising a card with a 10 for the solid execution, albeit shakily, because the first thing that went through my head watching those eerily fluid, human-like movements, was imagining it stomping over piles of human skulls with an AK in its cold, calculating hands.

We can build it. We have the technology.

Let’s hope it doesn’t find videos all those videos on YouTube of its creators tormenting the thing; prodding it with hockey sticks like a lion tamer with a chair, knocking boxes out of its arms, pushing it over, and kicking its robo-dog companions.

Atlas won’t forget that.

Imagine this thing chasing you in the woods, or down the street. In a few years, I wouldn’t be surprised if the Atlas bots were wearing badges. Atlas is far more spry than the dopey droids you might find in a Star Wars flick, and well on its way to creating Skynet from Boston Dynamics.

Guys, Atlas can do acrobatics now, like a ninja:

Anywhere human feet can tread, an advanced enough droid will be able to go (can we start calling them droids now?). If you knock them over, they get right back up. Those human-powered mechs have nothing on Atlas. Give it enough time, and Atlas will run circles around both Eagle Prime and KURATAS. They won’t need us puny humans for robot battles.

One day, they might not need us at all.

All jokes aside, it’s an incredible, awe-inducing advancement in robotics. Boston Dynamics also recently revealed a smaller, less creepy version of their robo-dog Spot to bring us SpotMini: a small four-legged robot that can climb stairs and moves similarly to the way a dog would romp about.

Just so you know, this is nothing to be afraid of… We’ve only just found out that robots are evolving at an alarming rate.

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Tech News

Social media giants are trying to operate without human controls but are failing

(TECH NEWS) Artificial intelligence (AI) is taking over in fascinating ways, but this big experiment of replacing human tasks is failing. Good news / bad news.

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ai robot not human

Let me tell you a story. In fact, let me tell you several.

A village in Macedonia had a small economic boom during the 2016 election, plagiarizing and stitching together pro-Trump messages on social media, then publishing the results as “news” in order to profit from Google ad revenue.

Back during the “Keep Calm and…” T-shirt fad, a shirt company went through a thoroughly justified PR apocalypse for selling products labeled “Keep Calm and Hit Her” and “Keep Calm and Rape a Lot.”

The 17th most popular website on Earth occasionally likes to tell women over 30 to freeze their ova.

So! That’s a parade of fail. What’s it got in common, beyond making any reasonable reader consider moving to an Amish community and trying to forget even the word “Internet”?

People. More accurately, their absence.

Veles, Macedonia churned out profitable nonsense about Trump slapping a protester (that didn’t happen) or getting the blessing of the Pope (Pope says nope) because Google ads are programmatic. There’s no QA component, no human eyes reviewing content and asking “is this worth advertising on?” or for that matter “is this blatantly false?”

Likewise the Evil T-Shirt Crisis. The company generated slogans by dropping memes into an algorithm, then throwing the result on Amazon. That ended… poorly.

We, and every other tech and business network in the digital cosmos, have written in depth about all the dang robots taking our jobs. Usually our primary concern is the economic fallout. We’re a business news organization. It’s our job to warn you about that stuff.

But there’s another problem, and it’s a huge problem, especially as media consumption in general continues to rise, and more and more of that media is moderated by algorithms rather than people.

Robots aren’t just taking our jobs. They suck at our jobs. Algorithms may play go, but they aren’t ready to make value judgments yet. A quick Google will yield a dozen more examples of AI failures just as repulsive and/or hilarious as the ones on my list. And the real punchline for all of that?

It’s good news.

For once, the robot apocalypse is cutting us puny humans a break. It’s creating jobs almost as fast as it’s gobbling them up, because at this point, it is excruciatingly clear that robots aren’t ready to produce work people can actually see. They’re not even ready to put ads on work people see, not without causing a PR catastrophe every other month.

AI isn’t a better widget. It also isn’t an employee that doesn’t want benefits or take long lunches.

It’s a product in permanent beta, desperately trying to catch up to the constantly changing nuance of human interaction. It doesn’t work without homo sapiens holding its robot hand.

Let’s call it Salter’s Law: For every application of AI to customer-facing work, you will need to hire at least one human for damage control when the AI screws up.

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