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From the post:
> Even without explicit mode annotations, the compiler can statically determine which variables may escape their enclosing region. Such variables are assigned the global mode; all others are automatically inferred to be local.
There's a little more info about mode inference in the proposal:
https://github.com/ocaml-flambda/ocaml-jst/blob/main/jane/do...
So arguments to "public functions" do require explicit annotations in order to be local, but otherwise the compiler is able to infer locality and this acts as a transparent optimization.
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