Can LLMs Replace Economic Choice Prediction Labs? The Case of Language-based Persuasion Games
PositiveArtificial Intelligence
- The research investigates whether large language models (LLMs) can substitute for human choice prediction in economic settings, particularly through language
- This development is significant as it suggests that LLMs could enhance the accuracy of predictions in marketing, finance, and public policy, potentially transforming how these sectors approach human behavior analysis.
- The findings resonate with ongoing discussions about the capabilities of LLMs in various cognitive tasks, including reasoning and sentiment extraction, indicating a broader trend towards leveraging AI for complex decision
— via World Pulse Now AI Editorial System
