Investigating Cost-Efficiency of LLM-Generated Training Data for Conversational Semantic Frame Analysis
On the map: Synthetic data and self-improvement for LLMs → LLM synthetic data generation
Abstract (arXiv)
Recent studies have demonstrated that few-shot learning allows LLMs to generate training data for supervised models at a low cost. However, the quality of LLM-generated data may not entirely match that of human-labeled data. This raises a crucial question: how should one balance the trade-off between the higher quality but more expensive human data and the lower quality yet substantially cheaper LLM-generated data? In this paper, we synthesized training data for conversational semantic frame analysis using GPT-4 and examined how to allocate budgets optimally to achieve the best performance. Our experiments, conducted across various budget levels, reveal that optimal cost-efficiency is achieved by combining both human and LLM-generated data across a wide range of budget levels. Notably, as the budget decreases, a higher proportion of LLM-generated data becomes more preferable.
Key facts. Cited by 1 paper in the map (data through 7 Oct 2026). Placed in LLM synthetic data generation, one of 13 directions in Synthetic data and self-improvement for LLMs. Builds on 8 of its 20 references that are in the map. First posted on arXiv 9 Oct 2024.
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8 of 20 references.
References · 8
- 2020Language Models are Few-Shot Learnerscited by 32,199
- 2022Self-Instruct: Aligning Language Models with Self-Generated Instructionscited by 2,674
- 2022Is GPT-3 a Good Data Annotator?cited by 208
- 2021Want To Reduce Labeling Cost? GPT-3 Can Helpcited by 196
- 2023Large Language Model Is Not a Good Few-shot Information Extractor, but a Good Reranker for Hard Samples!cited by 119
- 2023Pushing the Limits of ChatGPT on NLP Taskscited by 27
- 2020Open-Domain Frame Semantic Parsing Using Transformerscited by 12
- 2021JaMIE: A Pipeline Japanese Medical Information Extraction Systemcited by 4
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