The current scientific publication model is only benefits the gatekeepers in publishing industry. It directly goes to the packet of publishing industry by ripping off the tax-payers twice with a steep price. Nowadays research institution pay high fees both for paywall and open-access. No matter you access or publish you some how give tax-payers money to these publishing industries. It has been shown the steep price is also un-justified as peer-review are done freely (for credit, not money) by science worker themselves and there are plenty of open-review and open-science projects which prove the price is not justified.
It might worth it to repeat part of my comment in [1]:
> The current business model as a whole is a legacy institution based on earlier monopoly by a charlatan named Maxwell [2]. He basically lured scientist by shiny hotels+extra packages to build the initial reputation and then monopolize the entire industry for decades. You can find a good review of this scheme from below YouTube video[3].
It might worth it to repeat part of my comment in [1]:
> The current business model as a whole is a legacy institution based on earlier monopoly by a charlatan named Maxwell [2]. He basically lured scientist by shiny hotels+extra packages to build the initial reputation and then monopolize the entire industry for decades. You can find a good review of this scheme from below YouTube video[3].
[1] https://news.ycombinator.com/item?id=29218202
[2] https://en.wikipedia.org/wiki/Robert_Maxwell
[3] https://www.youtube.com/watch?v=PriwCi6SzLo