In machine learning, for the most part, arxiv is used to avoid peer-review. Or a way to "publish" work that has been rejected by a peer-reviewed publication, of course.
And to be more cynical, it's also a convenient source of references to pad up a Related Work section and make it look like incremental work is part of a growing body of groundbreaking new work. /jaded
Edit: well, I'm not just being cynical. The fact that everyone can put their half-baked papers on arxiv means that the 90% of work that is crap, per Sturgeon's Law, is now a much bigger quantity than ever before and one must sift through reams and reams of crap before finding work that has any meaningful results to report. Again, that's the case in machine learning specifically. I don't know about other fields.
Arxiv only lacks the initial quality filter by peer review.
I'm also working in the field of machine learning. In those niche fields I work more specifically (speech recognition), I can usually still get a lot out of Arxiv-only papers. I can pretty easily see the main idea and see if there is some usefulness in the paper or not w.r.t. my own research e.g. by good experimental analysis. In don't really feel overwhelmed in the amount of papers. I don't really see the problem.
I'm surprised that they no longer use the term "preprint" at all, at least it's nowhere to be found on the homepage or "about" section.
The consequences of this amnesia are hilarious: https://twitter.com/gustavnilsonne/status/138948729731431219...
> Why do we call it "preprints"? The term seems to imply that work is preliminary or unfinished. As far as I can tell, the term introduced by @arxiv , the first online repository for scientific manuscripts, is "e-print". Is "preprint" a marketing device invented by publishers?
In theory you should read arXiv and cite the conference version, but often people cite arXiv and nobody cares because google scholar mostly combines things properly.
arxiv was about distribution. It didn't replace peer review - articles were still submitted to journals and published there too.
If an article was posted to arxiv and not a journal, the odds of a citation went down massively. And the journal it was submitted to was a factor in whether or not we read it. When articles were eventually published, most authors also updated the preprint with the post peer review version.
Basically it meant that (1) it was easy to keep up to date with what everyone was working on, and pick up interesting new stuff (2) most citations, post 80s, you saw in whatever paper you were reading, you could look up on arxiv and be reading it in seconds.