Wikipedia's Money Hoarding Leaves Authors Out in the Cold
Despite having 10 times more money than needed, very little goes towards improving Wikipedia itself or compensating its hardworking contributors - leaving them out in the cold with no access to any of this wealth held by Wikimedia Foundation.
Dec. 24, 2022 3:45AM
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A picture depicting a person sitting alone outside looking dejected while people pass by holding bags full of coins representing wealth hoarded away by an organization like Wikimedia Foundation instead of given back to those who deserve it (the contributors).
In a startling revelation, it has been revealed that Wikipedia has 10 times as much money as it needs. This news comes at a time when many of the encyclopedia’s authors are struggling to make ends meet. Despite having more than enough funds, very little of that money is going towards improving the encyclopedia itself or helping its authors. The Wikimedia Foundation, which oversees Wikipedia, is responsible for managing and distributing the funds. However, it appears that they are doing very little to help those who contribute to their success. The authors who create content for the website have no access to any of this money and are forced to rely on donations from readers or “panhandling” just to get by. This situation has been met with outrage from many members of the public who feel that these authors should be compensated for their hard work and dedication. It seems unfair that these individuals are not receiving any financial reward for their efforts while the Wikimedia Foundation continues to accumulate wealth without giving anything back in return. Furthermore, there is concern about how this excess money is being used by the Wikimedia Foundation if not for improving Wikipedia or helping its authors. Some critics have accused them of using this money for their own personal gain rather than reinvesting it into the encyclopedia or rewarding those who contribute so much time and effort into creating content for it. It appears that despite having more than enough funds, Wikipedia’s authors are still being left out in the cold with no access to any of this money and no way of earning an income from their contributions. This situation highlights a major flaw in how funds are managed within organizations such as Wikimedia Foundation and raises questions about where all this excess money is going if not towards improving Wikipedia or helping its authors financially.