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Large Language Models (LLMs) demonstrate partial forecasting competence across social, political, and economic events. Yet, their predictive ability varies sharply with domain structure and prompt framing. We investigate how forecasting…

Machine Learning · Computer Science 2025-11-25 Chinmay Karkar , Paras Chopra

Advances in deep learning systems have allowed large models to match or surpass human accuracy on a number of skills such as image classification, basic programming, and standardized test taking. As the performance of the most capable…

Machine Learning · Computer Science 2024-06-10 Sarah Pratt , Seth Blumberg , Pietro Kreitlon Carolino , Meredith Ringel Morris

Forecasting future events is important for policy and decision making. In this work, we study whether language models (LMs) can forecast at the level of competitive human forecasters. Towards this goal, we develop a retrieval-augmented LM…

Machine Learning · Computer Science 2024-02-29 Danny Halawi , Fred Zhang , Chen Yueh-Han , Jacob Steinhardt

Many recent papers have studied the development of superforecaster-level event forecasting LLMs. While methodological problems with early studies cast doubt on the use of LLMs for event forecasting, recent studies with improved evaluation…

Machine Learning · Computer Science 2025-07-28 Sang-Woo Lee , Sohee Yang , Donghyun Kwak , Noah Y. Siegel

While Large Language Models (LLMs) are fundamentally next-token prediction systems, their practical applications extend far beyond this basic function. From natural language processing and text generation to conversational assistants and…

Computation and Language · Computer Science 2025-03-10 Vishakha Agrawal , Archie Chaudhury , Shreya Agrawal

Large language models have shown astonishing performance on a wide range of reasoning tasks. In this paper, we investigate whether they could reason about real-world events and help improve the prediction performance of event sequence…

Computation and Language · Computer Science 2023-10-10 Xiaoming Shi , Siqiao Xue , Kangrui Wang , Fan Zhou , James Y. Zhang , Jun Zhou , Chenhao Tan , Hongyuan Mei

Predictive analysis is a cornerstone of modern decision-making, with applications in various domains. Large Language Models (LLMs) have emerged as powerful tools in enabling nuanced, knowledge-intensive conversations, thus aiding in complex…

Computation and Language · Computer Science 2025-05-26 Qin Chen , Yuanyi Ren , Xiaojun Ma , Yuyang Shi

Large language models (LLMs) have recently been applied to forecasting tasks, with some works claiming these systems match or exceed human performance. In this paper, we argue that, as a community, we should be careful about such…

Machine Learning · Computer Science 2025-06-03 Daniel Paleka , Shashwat Goel , Jonas Geiping , Florian Tramèr

This systematic literature review comprehensively examines the application of Large Language Models (LLMs) in forecasting and anomaly detection, highlighting the current state of research, inherent challenges, and prospective future…

Machine Learning · Computer Science 2024-02-19 Jing Su , Chufeng Jiang , Xin Jin , Yuxin Qiao , Tingsong Xiao , Hongda Ma , Rong Wei , Zhi Jing , Jiajun Xu , Junhong Lin

This paper investigates models of event implications. Specifically, how well models predict entity state-changes, by targeting their understanding of physical attributes. Nominally, Large Language models (LLM) have been exposed to…

Computation and Language · Computer Science 2022-11-11 Evangelia Spiliopoulou , Artidoro Pagnoni , Yonatan Bisk , Eduard Hovy

Large language models (LLMs) are increasingly used to predict human behavior. We propose a measure for evaluating how much knowledge a pretrained LLM brings to such a prediction: its equivalent sample size, defined as the amount of…

Econometrics · Economics 2026-01-21 Wayne Gao , Sukjin Han , Annie Liang

The widespread adoption of large language models (LLMs) makes it important to recognize their strengths and limitations. We argue that in order to develop a holistic understanding of these systems we need to consider the problem that they…

Computation and Language · Computer Science 2023-09-26 R. Thomas McCoy , Shunyu Yao , Dan Friedman , Matthew Hardy , Thomas L. Griffiths

This study evaluates the forecasting performance of recent language models (LLMs) on binary forecasting questions. We first introduce a novel dataset of over 600 binary forecasting questions, augmented with related news articles and their…

Computation and Language · Computer Science 2025-01-14 Gerrit Mutschlechner , Adam Jatowt

Large language models (LLMs) have demonstrated unprecedented emergent capabilities, including content generation, translation, and simulation of human behavior. Field experiments, on the other hand, are widely employed in social studies to…

Computers and Society · Computer Science 2025-05-22 Yaoyu Chen , Yuheng Hu , Yingda Lu

Large language models (LLMs) have demonstrated remarkable capabilities across diverse tasks, but their ability to forecast future events remains understudied. A year ago, large language models struggle to come close to the accuracy of a…

Machine Learning · Computer Science 2025-08-06 Janna Lu

We investigate whether large language models (LLMs) can predict whether they will succeed on a given task and whether their predictions improve as they progress through multi-step tasks. We also investigate whether LLMs can learn from…

Computation and Language · Computer Science 2026-01-01 Casey O. Barkan , Sid Black , Oliver Sourbut

Recent work has investigated the capabilities of large language models (LLMs) as zero-shot models for generating individual-level characteristics (e.g., to serve as risk models or augment survey datasets). However, when should a user have…

Time series data plays a critical role across diverse domains such as healthcare, energy, and finance, where tasks like classification, anomaly detection, and forecasting are essential for informed decision-making. Recently, large language…

Machine Learning · Computer Science 2024-12-18 Francis Tang , Ying Ding

Recent work exploring the capabilities of pre-trained large language models (LLMs) has demonstrated their ability to act as general pattern machines by completing complex token sequences representing a wide array of tasks, including…

Computers and Society · Computer Science 2024-03-25 Seyed Parsa Neshaei , Richard Lee Davis , Adam Hazimeh , Bojan Lazarevski , Pierre Dillenbourg , Tanja Käser

We investigate the predictability of large language model (LLM) capabilities: given records of past experiments using different model families, numbers of parameters, tasks, and numbers of in-context examples, can we accurately predict LLM…

Computation and Language · Computer Science 2023-11-01 Qinyuan Ye , Harvey Yiyun Fu , Xiang Ren , Robin Jia
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