The document summarizes some of the key benefits and drawbacks of online reading compared to traditional reading. It notes that online reading is multimodal, interactive, personalized, non-linear, collaborative, and allows access to up-to-date global information for free. However, it also argues that online reading encourages speed over care, contains many built-in distractions, lacks clarity in authorship and purpose, relies too heavily on informal short text formats, and reduces exposure to longer form writing. Overall, the document examines how the internet and online technologies may be impacting the way people read and process information.