The issue: the people effectively making purchasing decisions (faculty) were price-sensitive... but to the wrong price! This is a problem with having money come out of the wrong budget (libraries, rather than the faculty who influence library decisions).
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Replying to @michael_nielsen @seanmcarroll
There's a nice paper to be written on all the separate structural issues which prevent this market from being competitive and encouraging innovation, IMO. Banning for-profits will likely make it worse (also IMO). Anyways, rant over!
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Replying to @michael_nielsen
There’s no reason to ban for-profits. But I foresee a future publication system where everyone submits to relatively open preprint servers, and non-profit open-access “journals” live on top of them and provide peer review. Innovation should be easy in such a world.
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Replying to @seanmcarroll
The arXiv has barely changed in 20+ years. We still write pdf documents - not even JavaScript+HTML, much less anything more interesting. I think of things like
@distillpub & Jupyter as very conservative... and yet they are decades ahead of arXiv.1 reply 1 retweet 15 likes -
(No criticism of Jupyter or
@distillpub intended - I love both (& am on distill's steering committee). But both are, intentionally AFAICT, more oriented toward being widely-used platforms than being experimental media forms.)1 reply 0 retweets 1 like -
To put it another way, the world described in your tweet has been here for decades in physics. And the pace of innovation in physics publishing is absolutely glacial. That's because that market is almost entirely broken and non-competitive.
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As a comparison: I believe
@github has done at least as much to change the publishing of open source software over the last 3 months as the arXiv has done over the last 20 years.2 replies 0 retweets 7 likes -
Replying to @michael_nielsen @seanmcarroll and
(Apologies. I really am ranting - I'd forgotten just how much the lack of competition and innovation in science publishing ticks me off!)
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Replying to @michael_nielsen @seanmcarroll and
I see your point, but it is true that arXiv fairly recently started to experiment a little. Still conservative though.
@inspirehep has done nice things to integrate data and code as first class citizens into the literature system. And ADS has also been innovating.1 reply 0 retweets 1 like -
Replying to @KyleCranmer @seanmcarroll and
It's nice that they do that; the point is a systemic one. The rate of innovation in other parts of the world is 100x as high. And the fact that's not true in science is (really, really) bad for science, and bad for humanity.
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Part of the reason for the systemic difference is that the market actually works in other areas. That means that capital is available to support innovation. The market is so horrid in science that arXiv - which generates billions (ultimately trillions, IMO) in consumer surplus -
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Replying to @michael_nielsen @KyleCranmer and
is barely able to support itself. This is insane (and reminds me of the situation with SSL and the Heartbleed bug).
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Replying to @michael_nielsen @KyleCranmer and
(I'm using the term consumer surplus rather loosely, but presume the point is clear: the arXiv deserves to be credited with a huge long-term increase in social welfare, 10^3 or more times its operating budget.)
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