Wikipedia in correcting them. Critics argue that Wikipedia's open nature and a lack of proper sources for most of the information makes it unreliable. Some commentators suggest that Wikipedia may be reliable, but that the reliability of any given article is not clear. Editors of traditional reference works such as the "Encyclopædia Britannica" have questioned the project's utility and status as an encyclopedia. Wikipedia co-founder Jimmy Wales has claimed that Wikipedia has largely avoided the problem of "fake news" because the Wikipedia community regularly debates the quality of sources in articles. Wikipedia's open structure inherently makes it an easy target for
Jimmy Wales of a Chicago futures and options firm. In 1996, he and two partners founded Bomis, an adult web portal featuring entertainment and adult content. The company would provide the initial funding for the peer-reviewed free encyclopedia, Nupedia (2000–03), and its successor, Wikipedia. On January 15, 2001, with Larry Sanger and others, Wales launched Wikipedia—a free, open content encyclopedia that enjoyed rapid growth and popularity; as Wikipedia's public profile grew, he became the project's promoter and spokesman. He is historically cited as a co-founder of Wikipedia, though he has disputed the "co-" designation, declaring himself the sole founder. Wales serves on