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Unfortunately, Wikipedia doesn't seem interested in this. Their revenue is more than enough be able to invest and sustain the site forever, but they just increa
by Okx 11mo ago
Unfortunately, Wikipedia doesn't seem interested in this. Their revenue is more than enough be able to invest and sustain the site forever, but they just increase expenses on non-core outgoings https://en.wikipedia.org/wiki/WP:CANCER https://en.wikipedia.org/wiki/WP:CANCER
- pastage 11mo agoYou pay for Wikipedia because you want it to prosper. The political part of Wikipedia is vital to make it succeed. Even though everyone uses Wikipedia not everyone knows why it succeeded and why it is important. The fluff is important to have a engaged super users. It is also important to get acceptance in certain circles.
- fruitworks 11mo agowhat circles? I would like to have greater transparency into what this cabal of superusers doing, how are they recieving the cash flows, etc. It just seems like every wiki results in defensive mod cabals
- Levitz 11mo agoCan you make the case as to why we should want a political, super user based version of Wikipedia to prosper?
- NewsaHackO 11mo agoAm I misssing something or is Wikipedia net positive 200M? If this is true, that's eye opening. Weird given how much they beg for money on every article.
- andersa 11mo agoThe amount of money moving through Wikipedia is absolutely mind blowing, and next to none of that is even being used to sustain the site. Hope those still donating to it feel smart about what they're supporting...
- SchemaLoad 11mo agoStill a drop in the bucket compared to the money going in to AI companies off the back of wikipedia data.
- insane_dreamer 11mo agoBecause that's how you build up a foundation that will be self-sustaining when the donations run out. It's not a bad strategy. I've looked at Wikimedia's financial statements and have no problem giving a small monthly amount to them considering how much value I get from the site. I certainly prefer my money going to them than to Zuckerberg or Altman or MSFT shareholders.
- int_19h 11mo agoThe real question, given how handy Wikipedia is as training data, is why it's your money going to them, and not Zuckerberg's or Altman's or Nadella's.
- dghlsakjg 11mo agoThey have that much in assets. I'm not sure what that actually looks like in terms of cash vs. non-liquid assets vs. assets with strings attached. If you look at revenue vs spend they are net positive by about 7mm last year.
- cg5280 11mo agoYou aren't missing anything. This has been an increasingly popular criticism of Wikipedia. They are doing just fine financially.
- lurk2 11mo agohttps://en.wikipedia.org/wiki/Wikipedia:Fundraising_statistics https://en.wikipedia.org/wiki/Wikipedia:Fundraising_statisti...
- wiredpancake 11mo ago[dead]