PS I don't think it's tawdry for TNW to post this. They are an aggregator, and they actively direct readers to the original. But HN should skip the intermediary.
JFC. It's literally in the license and everyone who edits Wikipedia should know this. I did when I was active on Wikipedia and I was 14 at the time.
Edit: Looking at the video with the monkeys two posts up: there could still be a point to it, if we look at the total earnings and total work of a person, instead of just looking at wikipedia: an editor who earns 100k with their day job and donates work to wikipedia can still feel it is unfair when wikipedia management earns four times as much.
So I'm betting that you know exactly the license for every single cookie and website you've ever visited then.
Also as I read this article, I get the sense that the person writing it has no clue what an endowment is, and that's driving a lot of the misguided indignation in this article.
If you have a $300 million endowment, it doesn't mean you have $300 million to spend. It's the interest/investment gains from that money that fuel the organization. So the interest/investments from $100 mil vs $300 mil doesn't equal that amount. It's much less. The whole point is that the $300 mil will remain "forever."
I don't know what the solution is, to be honest. I worry more about articles I read about how very few people actually have an outsized amount of contributions, and who is checking their biases?
$71 million cash
$95 million short term investments
https://foundation.wikimedia.org/w/index.php?title=File%3AWi...
I presume there will be a large influx of contributors due to monetary gain, Then again moderation wouldn't be much difficult as there's money in it for that too. Wouldn't be much different for vested interests as they put everything under their arsenal even now.