Large Transformer Model Inference Optimization

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[Updated on 2023-01-24: add a small section on Distillation.] Large transformer models are mainstream nowadays, creating SoTA results for a variety of tasks. They are powerful but very expensive to train and use. The extremely high inference cost, in both time and memory, is a big bottleneck for adopting a powerful transformer for solving real-world tasks at scale. Why is it hard to run inference for large transformer models? Besides the increasing size of SoTA models, there are two main factor