Bigger is Not Always Better: Small Language Models and their Value for Social Science Research

• In Event: Incorporating Large Language Models

Brief Overview

We define and compare the benefits of "small language models" to LLMs on a variety of dimensions, comparing them through a variety of examples and showing the circumstances under which SLMs may be preferable for social science research.

Authors

• Ken Benoit, London School of Economics and Political Science

• Kohei Watanabe, University of Innsbruck