this post was submitted on 11 Jul 2024
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The research was paid for by someone. It is not unheard of for a company to offer a grant under the condition that they get the results, say, six months before the rest of the world.
This the the case for publically funded research as well. Scientific journals have paper submitted for free, papers reviewed for free, then they charge the $35/article fee to anyone who reads it, or more generally, they charge universities/etcs in the 5 to 6 figures sum/year for unlimited access.
Scientific journals are a billion dollar industry who do literally nothing for that money. They limit scientific progress to make money, and thats it.
If they review papers for "free" is that not worth something?
I definitely don't think it should be for profit but it seems like there is value and costs to what they do. That money has to come from somewhere.
EDIT: I am unfamiliar with the process so I took OP's words at face value. Several others indicate this is inaccurate. So, seems like all they do it host/publish the papers. Which does cost money, but that just seems like something that should be funded by other means rather than users paying. Kinda weird to hide science behind an arbitrary paywall.
AFAIK, peer reviewers are typically other academics in the field (peers) that are asked to voluntarily review a given article. The publisher doesn't pay peer reviewers.
I had the option for some compensation for my reviews. Very little, but still.