Earlier quoted context omitted.
> It wouldn't take much for a few universities to get together to set up the required infrastructure for sustaining the entire enterprise online O_o It's a bit more complex than "let's just share everyone's articles out of Bob's google docs account" - from technical details to user workflows to reputation/trust to administrative politics to scientific politics to sourcing verification/reviews to a hundred more things…
The arXiv website operates on less than $1M per year (source: Wikipedia page) and takes care of everything that is needed to disseminate knowledge except for arranging reviews (don't forget that traditional publishers are not actually doing the reviews). In terms of arranging reviews, it shouldn't be hard to do better than the publisher-run reviewing platforms (which in my experience are all incredibly crappy). I don…
If you (royal 'you') think that navigating academic politics is so easy and Elsevier can be so massively undercut, then go for it. You'll make a ton of money with your If you want to bring a giant like Elsevier down, the technical part is not the difficult part, though it is in itself a difficult project to do right.