Libraries

I think it is interesting how libraries are becoming places to hang out more so than to read books. Traditionally, much of a libraries inventory, especially in a university, is composed of reference books of some type. Now, all of that information can be stored on a computer database, almost eliminating the need for all of those books. The books are kind of just taking up space, which creates opportunity cost. That space could be used for tables and chairs for people to use and socialize. Also from a business perspective, the overhead costs that go into storing thousands of useless books could be allocated in a more productive manner.