Can Twitter Save Science?
The academic journal business model is a funny one, because the journals themselves don’t actually do much work. The content is produced by PIs, for free, who apply for publication in hope of getting selected. Other PIs who review and curate submissions also work for free: it’s considered a part of academic duty, and prestigious to accept but disastrous to decline. In short, aside from the cost of ink and postage, academic journals deal in one thing only: positional scarcity. The real shame in academic publishing, if you ask me, isn’t Elsevier’s 35% profit margin on journal subscriptions. It’s the much larger amount of money, time and influence that is regressively taxed from the young scientists, to the old ones, in exchange for nothing but brand access.