Cognitive Automation and LLMs in Economic Research: 25 Use-Cases for LLMs Accelerating Research Across 6 Domains

Reddit Vote Share 0 SharesResearch in economics and other fields could be revolutionized by large language models (LLMs), such as ChatGPT. Large deep learning models known as “foundation models” have parameter counts starting at ten and increasing. The scale that foundation models and, consequently, LLMs enjoy over earlier generations of deep learning models sets them apart from those models. The deep learning models of the majority of the 2010s showed potent abilities in some applications, such as image recognition. LLMs have developed into helpful research tools for various tasks, including brainstorming, writing, background research, data analysis, coding, and mathematical derivations.