Comparative Analysis of LLM and Traditional Text Augmentation: Accuracy, Efficiency, and Cost-Effectiveness

Comparative Analysis of LLM and Traditional Text Augmentation: Accuracy, Efficiency, and Cost-Effectiveness

Practical Solutions and Value of Comparative Analysis of LLM and Traditional Text Augmentation

Revolutionizing Textual Dataset Augmentation

Large Language Models (LLMs) like GPT-4, Gemini, and Llama offer new possibilities for enhancing small downstream classifiers.

Challenges: High computational costs, power consumption, CO2 emissions.

Research on Augmentation Techniques

Explored text augmentation techniques to enhance language model performance.

Established methods include character-based augmentations, backtranslation, and earlier language models for paraphrasing.

Comprehensive Comparative Analysis

Research compares established and LLM-based text augmentation methods through an extensive experimental design.

Investigates paraphrasing, contextual word insertion, and word swap across six diverse datasets and various classification tasks.

Results and Recommendations

LLM-based paraphrasing outperformed other LLM methods in 56% of cases.

LLM-based methods are primarily beneficial in low-resource settings with statistically significant improvements and higher relative increases in model accuracy.

Evolve Your Company with AI

Identify Automation Opportunities, Define KPIs, Select an AI Solution, Implement Gradually.

Connect with Us

For AI KPI management advice, connect with us at hello@itinai.com.

For continuous insights into leveraging AI, stay tuned on our Telegram t.me/itinainews or Twitter @itinaicom.

Redefine Your Sales Processes and Customer Engagement with AI

Explore solutions at itinai.com.

List of Useful Links:

AI Products for Business or Try Custom Development

AI Sales Bot

Welcome AI Sales Bot, your 24/7 teammate! Engaging customers in natural language across all channels and learning from your materials, it’s a step towards efficient, enriched customer interactions and sales

AI Document Assistant

Unlock insights and drive decisions with our AI Insights Suite. Indexing your documents and data, it provides smart, AI-driven decision support, enhancing your productivity and decision-making.

AI Customer Support

Upgrade your support with our AI Assistant, reducing response times and personalizing interactions by analyzing documents and past engagements. Boost your team and customer satisfaction

AI Scrum Bot

Enhance agile management with our AI Scrum Bot, it helps to organize retrospectives. It answers queries and boosts collaboration and efficiency in your scrum processes.