It looks like they did it both ways (“raw rate” vs “adjusted rate”):
In the case of the adjusted compression rate, the model's size is also added to the compressed size, i.e., it becomes (compressed size + number of model parameters) / raw size. This metric allows us to see the impact of model parameters on the compression performance. A very large model might be able to compress the data better compared to a smaller model, but when its size is taken into account, the smaller model might be doing better. This metric allows us to see that.
Yes. They also mention that using such large models for compression is not practical because their size thwarts any amount of data you might want to compress. But this result gives a good picture into how generalized such large models are, and how well they are able to predict the next tokens for image/audio data at a high accuracy.
does anyone know whether these results were obtained while taking the size of the dictionary into account?
It looks like they did it both ways (“raw rate” vs “adjusted rate”):
Yes. They also mention that using such large models for compression is not practical because their size thwarts any amount of data you might want to compress. But this result gives a good picture into how generalized such large models are, and how well they are able to predict the next tokens for image/audio data at a high accuracy.