In plain words: It reviews theory explaining why huge models that memorize noisy data still work on new data, using simple linear fitting and a signal-processing view. The key finding is double descent: a model far bigger than the data can beat the best smaller one.
Abstract · A Farewell to the Bias-Variance Tradeoff? An Overview of the Theory of Overparameterized Machine Learning
The last decade of progress in machine learning (ML), especially the deep learning era, has raised a number of scientific questions that challenge the longstanding dogma of the field. One of the most important riddles was the good empirical generalization of overparameterized models. Overparameterized models are highly complex with respect to the size of the training dataset, which enables them to perfectly fit (i.e., interpolate) even noisy training data. Such interpolation of noisy data is traditionally associated with detrimental overfitting, and yet a wide range of interpolating models -- from simple linear models to deep neural networks -- have been observed to generalize remarkably well on fresh test data. Indeed, the discovery of the double descent phenomenon has revealed that highly overparameterized models can improve over the best underparameterized model in test performance. Understanding learning in this overparameterized regime required new theory and foundational empirical studies, even for the simplest case of the linear model. The underpinnings of this understanding have been laid in foundational analyses of overparameterized linear regression and related statistical learning tasks, mostly published between 2018 and 2022, which resulted in precise analytic characterizations of double descent. This paper provides an overview of the theory of overparameterized ML (henceforth abbreviated as TOPML) by focusing on explaining the most foundational findings through a statistical signal processing perspective. We emphasize the unique aspects that define the TOPML research area as a subfield of modern ML theory and outline interesting open frontiers that remain.
Yehuda Dar, Vidya Muthukumar, Richard G. Baraniuk
arXiv:2109.02355 · stat.ML, cs.LG · submitted Sep 6, 2021 · updated Sep 9, 2026
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We keep hearing about these giant models like GPT3 with 1.5 billion paramaters. Parameters are the things that change when we train a model, you can think about them as degrees of freedom. If you have a lot of parameters, theory made us believe that the model would just "overfit" the training data, e.g. memorize it. That's bad, because when new data comes in in production we'd expect the model to not be able to "generalize" to it, e.g. make accurate predictions on data it hasn't seen before, because it's just memorized training data instead of uncovering the "guiding principles" of the data so to speak.
In practice, these huge models are, in laymans terms, fucking awesome and work really well e.g. they generalize and work in production. No one understands why.
This paper is a survey or overview of what "too many paramaters" are, and all the research into why these models work even though they shouldn't.