If my anecdotal experience is any indicator, despair is now the default setting for these early- and mid-career writers and much of that attitude is traceable to professional writers decrying the end of literature.
–Brad King on change in publishing.
Somewhat related: one of the things that interests about publishing is that it’s one of the oldest white collar professions around (along with “teaching” and “bureaucracy”). Even if you discount roles like scribe or even author, publishing–that is, the mass-production and distribution of texts–has been around for something like 500-1,000 years, depending on how and where you start counting.
For better or for worse, that’s a really, really long time to be in business.