It is so much worse than that.

I spend my time researching the literature on a topic so that I can spend my time and energy writing a grant. It probably won't get funded.

If it does, I get to do a bunch of work. It might involve travel, where I will do everything at minimum expense to save enough money for the coming lab work.

I will spend significant time getting the samples analyzed, spending most of the grant money. Then I will come up with a logical way to interpret the data.

I will spend more time sending a document around to coauthors. This may take months, or even years if the coauthors fight.

We eventually submit to a journal. It gets rejected.

We rewrite and submit again. A few months later, congratulations, you get to publish. Money please.

I work for the money to do the work, I work for the writeup, I fight for the acceptance, and I have to pay to publish.

It's a stupid system.

They have bonkers profit margins too. 38% in 2023. They're in the same category as Microsoft or Google when it comes to profitability. Absolutely insane for a company that's supposed to disseminate scientific information.