> After we burn through our reserves, it seems likely that the next step for the WMF will be going into debt to support continued runaway spending, followed by bankruptcy. At that point there are several large corporations (Google and Facebook come to mind) that will be more than happy to pay off the debts, take over the encyclopedia, fire the WMF staff, and start running Wikipedia as a profit-making platform. There are a lot of ways to monetize Wikipedia, all undesirable. The new owners could sell banner advertising, allow uneditable "sponsored articles" for those willing to pay for the privilege, or even sell information about editors and users.
I honestly wouldn't complain if Wikipedia was owned and monetized by Google. I think they would recognize the importance of Wikipedia and handle it very carefully. I also think there is a small and very vocal minority on Hacker News who would be outraged, but most of the world wouldn't think twice.
I think majority here would disagree, including me :)
And for Google it's fine as it is, they make billions using the free data people provide through Wikipedia. They just spill out the facts (often wrong) and people never leave Google.
I honestly wouldn't complain if Wikipedia was owned and monetized by Google. I think they would recognize the importance of Wikipedia and handle it very carefully. I also think there is a small and very vocal minority on Hacker News who would be outraged, but most of the world wouldn't think twice.