A table showing profit margins of major publishers. A snippet of text related to this table is below.
1. The four-fold drain
1.1 Money
Currently, academic publishing is dominated by profit-oriented, multinational companies for
whom scientific knowledge is a commodity to be sold back to the academic community who
created it. The dominant four are Elsevier, Springer Nature, Wiley and Taylor & Francis,
which collectively generated over US$7.1 billion in revenue from journal publishing in 2024
alone, and over US$12 billion in profits between 2019 and 2024 (Table 1A). Their profit
margins have always been over 30% in the last five years, and for the largest publisher
(Elsevier) always over 37%.
Against many comparators, across many sectors, scientific publishing is one of the most
consistently profitable industries (Table S1). These financial arrangements make a substantial
difference to science budgets. In 2024, 46% of Elsevier revenues and 53% of Taylor &
Francis revenues were generated in North America, meaning that North American
researchers were charged over US$2.27 billion by just two for-profit publishers. The
Canadian research councils and the US National Science Foundation were allocated US$9.3
billion in that year.
A figure detailing the drain on researcher time.
1. The four-fold drain
1.2 Time
The number of papers published each year is growing faster than the scientific workforce,
with the number of papers per researcher almost doubling between 1996 and 2022 (Figure
1A). This reflects the fact that publishers’ commercial desire to publish (sell) more material
has aligned well with the competitive prestige culture in which publications help secure jobs,
grants, promotions, and awards. To the extent that this growth is driven by a pressure for
profit, rather than scholarly imperatives, it distorts the way researchers spend their time.
The publishing system depends on unpaid reviewer labour, estimated to be over 130 million
unpaid hours annually in 2020 alone (9). Researchers have complained about the demands of
peer-review for decades, but the scale of the problem is now worse, with editors reporting
widespread difficulties recruiting reviewers. The growth in publications involves not only the
authors’ time, but that of academic editors and reviewers who are dealing with so many
review demands.
Even more seriously, the imperative to produce ever more articles reshapes the nature of
scientific inquiry. Evidence across multiple fields shows that more papers result in
‘ossification’, not new ideas (10). It may seem paradoxical that more papers can slow
progress until one considers how it affects researchers’ time. While rewards remain tied to
volume, prestige, and impact of publications, researchers will be nudged away from riskier,
local, interdisciplinary, and long-term work. The result is a treadmill of constant activity with
limited progress whereas core scholarly practices – such as reading, reflecting and engaging
with others’ contributions – is de-prioritized. What looks like productivity often masks
intellectual exhaustion built on a demoralizing, narrowing scientific vision.
A table of profit margins across industries. The section of text related to this table is below:
1. The four-fold drain
1.1 Money
Currently, academic publishing is dominated by profit-oriented, multinational companies for
whom scientific knowledge is a commodity to be sold back to the academic community who
created it. The dominant four are Elsevier, Springer Nature, Wiley and Taylor & Francis,
which collectively generated over US$7.1 billion in revenue from journal publishing in 2024
alone, and over US$12 billion in profits between 2019 and 2024 (Table 1A). Their profit
margins have always been over 30% in the last five years, and for the largest publisher
(Elsevier) always over 37%.
Against many comparators, across many sectors, scientific publishing is one of the most
consistently profitable industries (Table S1). These financial arrangements make a substantial
difference to science budgets. In 2024, 46% of Elsevier revenues and 53% of Taylor &
Francis revenues were generated in North America, meaning that North American
researchers were charged over US$2.27 billion by just two for-profit publishers. The
Canadian research councils and the US National Science Foundation were allocated US$9.3
billion in that year.
The costs of inaction are plain: wasted public funds, lost researcher time, compromised
scientific integrity and eroded public trust. Today, the system rewards commercial publishers
first, and science second. Without bold action from the funders we risk continuing to pour
resources into a system that prioritizes profit over the advancement of scientific knowledge.
We wrote the Strain on scientific publishing to highlight the problems of time & trust. With a fantastic group of co-authors, we present The Drain of Scientific Publishing:
a 🧵 1/n
Drain: arxiv.org/abs/2511.04820
Strain: direct.mit.edu/qss/article/...
Oligopoly: direct.mit.edu/qss/article/...
11.11.2025 11:52 — 👍 596 🔁 427 💬 8 📌 60
Apple Cider Vinegar For Weight Loss - A Study That May Never Have Happened At All
Some fascinating insights into the world of scientific integrity.
The importance of scientific sleuthing (although, why was this paper published at all?)
Apple Cider Vinegar For Weight Loss - A Study That May Never Have Happened At All open.substack.com/pub/gidmk/p/...
29.10.2025 05:52 — 👍 26 🔁 10 💬 0 📌 2
Shared Knowledge, Shared Impact: A New Era for Research Evaluation | Editage Insights
This Open Access Week, experts explore how the research community can move beyond journal impact factors to measure real-world, community-driven impact through openness and equity.
EASE have contributed to an @editageinsights.bsky.social article for #OpenAccessWeek
Read comments from @ivagaeditor.bsky.social, @dnjournals.bsky.social @roohighosh.bsky.social @rachinams.bsky.social and @hoohar.bsky.social on the meanings of community impact
www.editage.com/insights/ope...
27.10.2025 11:41 — 👍 1 🔁 1 💬 0 📌 0
Statistics in the era of AI
How do we mentor, teach, and do stats when AI can do so much of the work?
Y'all. I just got ChatGPT to do everything in R for this manuscript. I mean EVERYTHING. And it's all legit and reproducible. I'm shook.
How are we mentoring our trainees in statistics now? Who needs to learn coding in R line by line, and who doesn't?
scienceforeveryone.science/statistics-i...
09.10.2025 02:22 — 👍 121 🔁 29 💬 32 📌 26
My co-author Lennart Meincke had GPT-5 Pro look over a paper before we submitted it to a journal. It caught a tiny error in the citations that we missed (apparently it estimated the volume)
A big difference from constant hallucinations, especially GPT5 Pro; though not error-free.
03.10.2025 00:40 — 👍 42 🔁 2 💬 0 📌 0
In general I think it's hard to combat scientific misinformation when some of the best research is locked behind an academic paywall, while lots of nonsense gets published free for everyone to read in predatory journals.
28.09.2025 17:25 — 👍 497 🔁 125 💬 20 📌 30
This is why I say patience is key when working with language models. If the output is directionally correct, or even just wrong in an interesting way, let it keep iterating and see where it goes!
scottaaronson.blog?p=9183
28.09.2025 20:29 — 👍 82 🔁 6 💬 8 📌 1
The cover makes me want to read this .
24.09.2025 10:15 — 👍 0 🔁 0 💬 0 📌 0
We need new rules for publishing AI-generated research. The teams developing automated AI scientists have customarily submitted their papers to standard refereed venues (journals and conferences) and to arXiv. Often, acceptance has been treated as the dependent variable. 1/
14.09.2025 17:15 — 👍 74 🔁 23 💬 4 📌 5
A variation of the "Epic Handshake" meme from the 1987 sci-fi movie Predator, showing a close-up of four men (instead of the original 2) greeting each other with an arm-wrestle handshake.
Each arm is labeled with the following text:
- Blind and vision-impaired people
- People with temporarily impaired vision
- People with slow internet connection
- People wondering WTF they're looking at
The words "alt text" are shown in the center where all four hands meet.
Everyone wins!
#AltText #accessibility
07.09.2025 15:04 — 👍 140 🔁 343 💬 7 📌 2
Partnership Alert!
Cactus Communications has partnered with CSIRO Publishing, Australia’s leading science publisher, to support authors with access to expert language and writing services through our flagship brand, Editage.
Read the full announcement here: cactusglobal.com/media-center...
03.09.2025 12:47 — 👍 0 🔁 1 💬 0 📌 0
Authors could perform their own AI peer review before submitting to correct obvious errors/omissions and refine their arguments.
27.08.2025 07:16 — 👍 1 🔁 0 💬 1 📌 0
I'm going to be in Chicago the first week of September - come and find me and talk peer review, the ethics & implementation of AI, and turning submission backlogs into $$$.
22.08.2025 13:58 — 👍 2 🔁 0 💬 0 📌 0
💯 This is exactly what I've been trying to say in like 100 workshops and videos on research posters.
State a conclusion, then defend it.
Versus working up to it over 500 words that people won't spend the time to read.
18.08.2025 04:48 — 👍 7 🔁 1 💬 0 📌 1
My conclusion from this is that preprint servers (and journals!) are entering a new phase of cat and mouse trying to contain AI slop (n.b., not mundane AI use, but nonsense generation). Peer review as a filter scarcely does better to ID this stuff. We need new & better tools to ID trustworthy works.
12.08.2025 17:34 — 👍 18 🔁 13 💬 4 📌 1
Amazingly this is a Stock Aitken Waterman production.
08.08.2025 21:11 — 👍 1 🔁 0 💬 1 📌 0
Can anyone recommend a book which acts as a lay persons guide to anaesthesia? My understanding is that large parts of it work, but we don’t know why and I’d love to find out more. Thx
24.07.2025 08:14 — 👍 0 🔁 0 💬 0 📌 0
Could hidden AI prompts game peer review?
16.07.2025 14:51 — 👍 37 🔁 9 💬 4 📌 0
This kind of smart, walkable, mixed-use development is illegal to build these days.
12.07.2025 09:03 — 👍 1638 🔁 412 💬 17 📌 6
@camsell59.bsky.social congrats on the success of your book. 13 million sales is quite something.
10.07.2025 10:50 — 👍 5 🔁 1 💬 1 📌 1
I always felt my (mainly irritating mostly Quixotic) quest to get peer reviewers paid was correct. And the more I see scientists struggle financially, the more distasteful I find external demands to access their time for free.
But that’s one part. There is another and it’s getting worse.
08.07.2025 21:42 — 👍 11 🔁 1 💬 1 📌 0
The End of Publishing as We Know It
Inside Silicon Valley’s assault on the media
"Book publishers, especially those of nonfiction and textbooks, also told me they anticipate a massive decrease in sales, as chatbots can both summarize their books and give detailed explanations of their contents."
26.06.2025 21:38 — 👍 0 🔁 1 💬 0 📌 0
📢 Webinar Alert!
AI is reshaping the future of scholarly publishing, but how do you implement it responsibly and effectively?
Secure your spot now: www.airmeet.com/e/9fc043b0-4...
25.06.2025 14:02 — 👍 0 🔁 1 💬 0 📌 0
If you send me a "hi john" on Teams without a follow up of what you're needing...
I'm not responding... the conversation will stay at "hi john" for eternity.
Please stop doing this people
20.06.2025 15:57 — 👍 67 🔁 5 💬 16 📌 0
It’s that time of year again to cross reference DORA signatories with press releases about impact factors (*sigh*)
20.06.2025 11:27 — 👍 1 🔁 0 💬 0 📌 0
I know editorial board members didn’t necessarily sign up for this, but if I was constructing a new journal today, that would be my expectation of the editorial board. Is this a good idea or nah? 9/9
13.06.2025 16:47 — 👍 1 🔁 0 💬 1 📌 0
Now the editorial board is functioning like it should, and they can provide quick and yet in-depth reviews to many papers in their domain in the broadest sense. The best of AI and human evaluation in one process. 8/9
13.06.2025 16:47 — 👍 1 🔁 0 💬 1 📌 0
New book ‘Sunday Best’. Word churner. Editor of @nutmegmagazine. Host of @WSC_magazine pod. York-grown Boro man living in Scotland.
Links: https://linktr.ee/danielgraywriter
Award-winning freelance illustrator producing political cartoons, caricatures & pet portraits. Originals & prints available on demand. Love my dog Coco and the Boro. UTB!
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my name is june - she/her - evil transsexual disinfo influencer
i am a host on the kill the computer podcast and the ill conceived podcast:
- @killthecomputer.com
- https://www.illconceivedpodcast.com
a reputable journalist at @theonion.com
Make yourself the 'Go To' person in any industry and earn a side income from running small networking events.
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Celebration of the effort, ingenuity, and creativity that goes into making the web a friendlier and more inclusive place, one captioned image at a […]
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Encouraging research into the quality and credibility of peer review and scientific publication, to establish the evidence base on which scientists can improve the conduct, reporting, and dissemination of scientific research.
peerreviewcongress.org.
Journals Director @ ASCO, President @ Council of Science Editors, mom, reader, cook, knitter, Girl Scouts leader, runner, general lover of words. All views are mine.
Ask me about Reinforcement Learning
Research @ Sony AI
AI should learn from its experiences, not copy your data.
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Irregular info, news, articles, images, vids and lyrics etc re: Wirral's finest musical satirists. Not official.
A newly-minted PhD studying metascience and computational biology.
My blog: https://reeserichardson.blog
Assoc. Prof. Computer Science at the University of Colorado, Boulder. Prev iSchool, Syracuse University. Postdoc Northwestern University and Ability Lab. PhD Computer Science UMN, Twin Cities
Co-Creating Ireland's Public Involvement in Open Research Roadmap
ENGAGED is building a national roadmap to shape public involvement in open research in Ireland. We believe that research can and does play an important role in tackling societal challenges.
Prof cancer research
Infrastructure, research integrity, errors, paper mills
Views my own
PRIMeR group: https://www.sydney.edu.au/medicine-health/our-research/research-centres/publication-and-research-integrity-in-medical-research-primer.html
Senior reporter at Nature, views my own. Journalist covering physics, AI, policy. Attempting to stop lurking and start posting.
See my stories at nature.com/news
Professor at Stanford. Psychology/Neuroscience/Data Science. Books include: The New Mind Readers, Handbook of fMRI Data Analysis, Hard to Break, and Statistical Thinking.
https://poldrack.github.io/
Helping you 🫵 make sense of higher education 🎓 Follow for the latest news, opinions, jobs and resources.
Visit insidehighered.com for more.
Public Policy Professor at RIT, WILL International Chair at Univ. of Lille & Past President of the US Association for Energy Economics. Batteries, renewables, electricity markets, and emissions. Sometimes I bike across the continent.
Astronomer, writer and zookeeper. Oxford, Gresham and the Zooniverse. The human half of the Dog Stars podcast. New book: 'Our Accidental Universe' (UK/rest of world) and 'Accidental Astronomy (US) now out.
The Data-PASS Journal Editors Discussion Interface | Building a fund of collective knowledge for editors of social science journals | dpjedi.org
Leading advocate for preprints, integrity, community & improved research culture | Host Preprints in Motion podcast | Immunologist | https://linktr.ee/jacoates