| As a (former) reviewer at 5 journals, I disagree first and foremost with the notion that > We need some process to gate-keep. Journals, when print was the medium through which academic research was disseminated, had to gatekeep because there were practical considerations regarding how many articles they could put in each issue. With online repositories like arxiv, this is hardly a concern anymore. Someone putting a crap article on arxiv does not hurt anyone else, and I'm saying this as a person who recommended tons of articles to be rejected because they had atrocious grammar/spelling issues. Worst case, it gets 0 attention and is ignored by the research community. Something not being published in a journal/conference proceedings clearly does not prevent it from drawing tons of research attention, as we saw in numerous cases like the Adam optimizer [1]. Which brings us to the second point: what even is the purpose of a journal now? The answer is that the sole function of a journal now is gatekeeping, with the presupposition that, as you observed > The venue of publication is a good signal, whether the time to read a paper is well-spent Except, well, top journals have tons of articles that get 0 citations too. Clearly the filter fails at this purpose as well. So, why gatekeep at all then? Because if we did not have some exclusive prestigious journal, the plebs would not be separated from the esteemed titans of academia with the biggest grants, most prestigious scholarships and diplomas from the most famous universities. The only reason we need to gatekeep today is to feed the academic prestige and politics machine. If you care about the science, upload the goddamn PDF to arxiv , tell your colleagues about your research at a conference and let the scientific community decide on whether your idea is interesting. [1] https://arxiv.org/abs/1412.6980 |
That said, there definitely are very relevant papers that are not published in any peer-reviewed venue. A good example is "Language Models are Unsupervised Multitask Learners" (the GPT-2 paper, which I would argue started the whole generative LLM revolution). But I think if you look for this kind of papers, you will find something in common to all of them: they are by very well known researchers, elite institutions or influential companies. That's why people went out of their way to read them even if they were posted somewhere without peer review.
If you removed peer review and just relied on posting to arXiv or similar, new researchers, or researchers from less known institutions, would have no chance at all to make an impact. It's peer review that allows them to be able to submit to a top journal, where the editor and reviewers will read their paper, and they can get a somewhat fair chance.
PS: I don't really like the peer review system that much either. It's just that every alternative that I have seen proposed so far is worse.