Can Base ChatGPT be Used for Forecasting without Additional Optimization?

By Pham Hoang Van, Scott Cunningham

Rating

1135
Battle Count: 173

Relevance

7/10
Demonstrates potential for using LLMs in economic forecasting, which could be applied to financial markets

Implementation Complexity

3/10
Relatively simple prompt engineering technique, but requires access to ChatGPT API

Reproducibility

4/5
Detailed prompts and methodology provided, but exact model versions may change over time

About this paper

Methodology: Narrative Prompting. Problem types: Time Series Forecasting, Classification.

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