[quote name='camoor']Once the kindle type of technology is perfected, I really do think paper newspapers and paper magazines will be obselete. Right now there are issues to solve, like portability, image quality, available content, content distribution, etc. However the technology promises many benefits, such as being able to store newspaper stories you like as a softcopy on your computer instead of a yellowing pile of clippings, and eliminating the time/money spent producing the paper and distributing it.
I believe it's going to be a rocky few years while that technology is maturing and reporters are developing the skills necessary to work with the new digital medium. I predict it will be like the first time movies incorporated audio, most of the first "talkies" sucked compared to masterpieces made during the silent era. However eventually the technology and filming direction improved to the point that audiences couldn't imagine going back to a world where movies didn't include an audio track.
Note I'm not rooting against a medium (in fact there's many things about paper magazines I love) - I'm just pontificating here

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Yeah, the tech for that is a few years away. It will require having something like color e-ink on a large screen that can display magazines and newpapers in a format nearly identical to print versions.
It could be done sooner with LCD screen reader tablets, but those aren't idea for an e-reader device. The screens give eye strain, they'd get warm, and battery lifer wouldn't be very good. Compared to e-ink devices like the Kindle that have no more eye strain than paper, don't generate heat, and only need charged once a week or two depending on how much you read (and have the wireless turned on in the Kindle's case).
Color e-ink is feasible, the but tech is still being worked on and is definitely a few years out from being perfected, and for a large screen device to be out and affordable. Though of course some new type of screen tech besides e-ink that has all the benefits could be invented in the meantime.
Where I disagree is that there will be any adjustment period for reporters etc. The form of stories and articles doesn't have to change at all. Device technology just has to improve to display the content in the same way you get it in print.
I mean you can already get tons of magazines and newspapers on Kindle--the layout is just different with just lists of stories in each section you click on, and then the text reflowed to fit the small screen. With larger devices and color screens you just get an e-version that looks more like the print version.