Sheer insanity. Can you imagine this in any other industry? Not only giving content away for free, but paying billions for the privilege of doing so, and then paying yet more billions in order to access the content we paid to give away. Make it make sense. 📚
Reposted from
Eric Schares
🚨 Preprint! We combine our recent open dataset of #APC prices with the article counts per journal-year from #OpenAlex to estimate how much the academic community has paid in APCs over the last 5 years.
A. $8.349 billion ($8.968 B in 2023 USD)
$2.5B in 2023 alone.
arxiv.org/abs/2407.16551 #metasci
A. $8.349 billion ($8.968 B in 2023 USD)
$2.5B in 2023 alone.
arxiv.org/abs/2407.16551 #metasci
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