You are not wrong. But this has by no means proven its up to the standard of being publishable in a machine learning journal. Its on arXiv.org, which, lets face it, at the end of the day is a vanity press.

At a minimum posting to arxiv gives others a standard way to cite the work.

The pace of things is moving along so rapidly right now, I’m not sure that waiting for peer reviews is always a wise move. Doubly so if there’s a paywall; why limit your article’s impact by placing it where practitioners’ agents might not be able to access it? The rapid progress right now is challenging for conventional academic processes.

If the value of the paper is difficult to independently verify, for example, if it depends on the credibility of the author, then the academic ritual can add something. If it’s a mathematical result, one that can be automatically verified, or a machine learning technique that anyone can try with Claude code reconstructing it for them, this sort of pre-print publishing model is advantageous.