But the number of new registered users and the number of user edits are both decreasing: https://stats.wikimedia.org/#/all-projects
At some point in an encyclopedia's lifetime, it's "complete enough" that you'll see an excess of authors. "Compiling the world's information" and, past that, "compiling current events as they happen" (with a side of "occasionally improving/updating old articles") need very different numbers of authors.
No.
tl;dr
The monetary cost does not really matter
1. It does contribute money, which Wikimedia does not need.
This is based off the fact that I frequently see:
- "why does X not have a Wikipedia article?"
- "this Wikipedia article is so poorly written"
And very rarely actually see someone edit it. On occasion thousands of people have agreed and hundreds of people have written comments agreeing and only two people edited.
So maybe it does some damage at the margin but overall probably doesn't hurt that much.
What does worry me is that less page views may mean less engagement in the form of checking sources, flagging problems, and making edits.