A baseline is usually a lower complexity model. New research leads tend to compare against them to justify increased complexity and other requirements. Often, a random baseline is used, based on either random performance from resampling or a theoretical random performance. This is usually done in applications (case study?), not in development of new methods.
A benchmark is a comparison of different competitors. In development, it's often not enough to beat the baseline, the model must be competitive facing other similarly complex models.
Baseline vs. benchmark in machine learning
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