Betteridge's law be damned, the business of scientific publishing is bad for science. Scientific publishing is a complete mess. We have a large scale business built around an industry funded by public money.
This creates barriers to scientists getting access to research papers. As research papers are the lifeblood of discourse in the sciences, we are artificially limiting the effectiveness of our scientists.
In case you were not paying attention, science and engineering is ultimately responsible for all economic growth, so the public has a vested interest in enabling successful outcomes in this space.