This sounds terrible. Of course there's a huge risk of it becoming made for-profit. It almost makes you wonder if the academic publishers are behind this push somehow.
Could they not have made it into some legal structure that puts universities at the top? Say, with a bunch of universities owning shares that comprise the entirety of the ownership of arXiv, but that would allow arXiv to independently raise funds?
Could they not have made it into some legal structure that puts universities at the top? Say, with a bunch of universities owning shares that comprise the entirety of the ownership of arXiv, but that would allow arXiv to independently raise funds?