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>How would that be remarkable, when it is exactly what he Universal Approximation Theorem already states

Only with infinite precision, which is highly unrealistic. Under realistic assumptions, fixed depth transformer without chain-of-thought are very limited in what they can express: https://arxiv.org/abs/2207.00729 . Chain of thought increases the class of problems which fixed depth transformers can solve: https://arxiv.org/abs/2310.07923



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