How do masked language models (MLMs) such as BERT learn contextual representations? In this work, we analyze the learning dynamics of MLMs. We find that MLMs adopt sampled embeddings as anchors to estimate and inject contextual semantics to representations, which limits the efficiency and effectiveness of MLMs. To address these issues, we propose TACO, a simple yet effective representation learning approach to directly model global semantics. TACO extracts and aligns contextual semantics hidden in contextualized representations to encourage models to attend global semantics when generating contextualized representations. Experiments on the GLUE benchmark show that TACO achieves up to 5x speedup and up to 1.2 points average improvement over existing MLMs. The code is available at https://github.com/FUZHIYI/TACO.
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