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Peer review is essential for science. Unfortunately, it’s broken.
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Look up "our lab mice are broken". Reproducibility my ass.
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I love how back when this was floated the last time in any serious capacity a net renumeration amounting to about 15-25 bucks an hour for at least Bachelor if not PhD Level work led to apocalyptic screeching breakdowns of every single major magazine.
If this were anything else even the most hardline AnCap would consider it a grift. It's like having a publicly funded road that random schmucks get to erect a tolling booth (also funded by taxes) on.