Cutting Down on Prompts and Parameters: Simple Few-Shot Learning with Language Models

Robert A Logan, Ivana Balažević, Eric W. Wallace, Fabio Petroni, Sameer Kumar Singh, Sebastian Riedel · Findings of the Association for Computational Linguistics: ACL 2022 · 2022

Prompting language models (LMs) with training examples and task descriptions has been seen as critical to recent successes in few-shot learning.In this work, we show that finetuning LMs in the few-shot setting can considerably reduce the need for prompt engineering.In fact, one can use null prompts, prompts that contain neither task-specific templates nor training examples, and achieve competitive accuracy to manually-tuned prompts across a wide range of tasks.While finetuning LMs does introduce new parameters for each downstream task, we show that this memory overhead can be substantially reduced-finetuning only the bias terms can achieve comparable or better accuracy than standard finetuning while only updating 0.1% of the parameters.All in all, we recommend finetuning LMs for few-shot learning as it is more accurate, has relatively stable performance across different prompts, and can be made nearly as efficient as using frozen LMs.

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