Here in Denmark we have an online lexicon which is managed by (barely paid) scientists and experts. For every article you can see which scientist was involved in making it, what expert is responsible for the area etc. https://denstoredanske.lex.dk/
Wikipedia articles are not consumed like traditional encyclopedias anyway. I would say that encyclopedias became much less relevant in general, but being one of the first influencial online encyclopedias, Wikipedia came to be used as a volatile source of information even though it didn't strive to be one.