I'm sure by now you've all heard about James Patterson and the ad he paid for in the NYT. About how he feels literature is swirling around the proverbial toilet bowl and how we are all destined to return to illiterate Serfs. Though he admits he doesn't have the answer to the death of story telling he does suggest a "government bailout" may be the ticket.
There is a lot and more I could say, but I was always taught if you can't say anything nice then don't say anything at all.
Many others have chimed in on the subject. Two of my favorites are by Joe Konrath and J.E. Fishman. I'll leave it to them, seeing as I'm still a little ticked since finding out that Mr. Patterson no longer writes his own books.