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While peer review is flawed in so many ways and neither all papers accepted at top conferences are good, nor all good papers get accepted, it has still some meaning.

When deciding which paper to read, it can be a great hit where it was published. The link merely claims groundbreaking work was published in the best "journals". Especially in computer science, conferece papers are where recent, groundbreaking work is published and good conference are the ones that are hard to get into. However, I agree that groundbreaking work ofter gets a longer follow-up journal aritcle. But those usually appear years later and for those algorithms it is likely that there are existing implementations available by that time.



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