FT：机器生成论文涌入学术期刊，220 亿美元出版业转向并购
FT: Machine-written papers are flooding academic journals, and the cost of screening them is pushing a $22B publishing industry toward mergers.
FT 报道称机器生成论文正大量涌入学术期刊，筛查成本上升正推动规模 220 亿美元的出版行业走向并购。为过滤这些论文，Elsevier 自 2022 年以来将审稿人池扩大逾三分之一至 190 万。质量控制成本上升加上对聊天机器人削弱付费研究价值的担忧，使 Springer Nature 在 IPO 两年后股价仍低于 22.50 欧元的发行价。行业整合已开始，包括 Wiley 6 月以 3.37 亿英镑收购 Emerald，以及 Informa 10 月决定分拆年收入接近 10 亿美元的 Taylor & Francis。Wiley 2025 年从内容授权用于模型训练中获得约 4000 万美元收入。
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FT: Machine-written papers are flooding academic journals, and the cost of screening them is pushing a $22B publishing industry toward mergers.
Filtering the flood requires people. thats why Elsevier has grown its reviewer pool by more than a third since 2022 to 1.9M.
Those rising quality-control costs, plus fears that chatbots will make paid research less valuable, have kept Springer Nature below its €22.50 listing price 2 years after its IPO.
Consolidation is the industry’s answer, starting with Wiley’s £337M purchase of Emerald in June and Informa’s October decision to separate Taylor & Francis, a unit nearing $1B in annual revenue.
The same AI that floods journals also pays for them, as Wiley earned about $40M in 2025 from licensing content for model training.