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Bayesian predictive coding is a putative neuromorphic method for acquiring higher-level neural representations to account for sensory input. Although originating in the neuroscience community, there are also efforts in the machine learning community to study these models. This paper reviews some of the more well known models. Our review analyzes module connectivity and patterns of information transfer, seeking to find general principles used across the models. We also survey some recent attempts to cast these models within a deep learning framework. A defining feature of Bayesian predictive coding is that it uses top-down, reconstructive mechanisms to predict incoming sensory inputs or their lower-level representations. Discrepancies between the predicted and the actual inputs, known as prediction errors, then give rise to future learning that refines and improves the predictive accuracy of learned higher-level representations. Predictive coding models intended to describe computations in the neocortex emerged prior to the development of deep learning and used a communication structure between modules that we name the Rao-Ballard protocol. This protocol was derived from a Bayesian generative model with some rather strong statistical assumptions. The RB protocol provides a rubric to assess the fidelity of deep learning models that claim to implement predictive coding.