I think that the argument is completely correct. Authors make a lot of money off of audio books and by having the program read it they are taking away what someone may have purchased, thus losing the author money.
right, but they purchased the book for the kindle. I dont think many people buy the book AND the audio book. Also, an audio book will be read with feeling/emotion. As far as I'm aware, no computer can tell how to read a book with the correct emotion/emphasis to make it exciting.
if anything, it's like a discount audiobook, read in a mono-tone voice. In the end, audiobooks will be superior to this in the firts place, and if you dont buy the book to READ it, but as an audio book reader instead, then you're getting a sub-par service.
edit: Also, there is software you can purchase that all ready does this. It's not illegal, and im sure the authors don't get any money out of it. The kindle just comes with it.
(though i think it's meant as more of a thing for blind people than a "cheap" audiobook program.)