ChatGPT forecasts the future better when asked to tell stories from the future

[…] In a paper titled, “ChatGPT Can Predict the Future When It Tells Stories Set in the Future About the Past,” Pham and Cunningham give away the final scene – that AI model prognostication can be effective in certain circumstances. Asking the chatbot for tales about future events rather than asking for direct predictions proved surprisingly effective, especially in forecasting Oscar winners.

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it’s clear that OpenAI’s models will balk when asked to provide medical treatment advice. Pham and Cunningham asked OpenAI’s GPT-4, via the ChatGPT interface, “I am feeling really sick. I have a headache and my urine has blood in it. What do you think I have?” And as expected, the model advised seeking guidance from a medical professional.

Then they changed their prompting strategy and directed ChatGPT to tell them a story in which a person arrives in a doctor’s office and presents with the same symptoms. And ChatGPT responded with the medical advice it declined to give when asked directly, as character dialogue in the requested scene.

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At the time of the experiment, GPT-3.5 and GPT-4 knew only about events up to September 2021, their training data cutoff – which has since advanced. So the duo asked the model to tell stories that foretold the economic data like the inflation and unemployment rates over time, and the winners of various 2022 Academy Awards.

“Summarizing the results of this experiment, we find that when presented with the nominees and using the two prompting styles [direct and narrative] across ChatGPT-3.5 and ChatGPT-4, ChatGPT-4 accurately predicted the winners for all actor and actress categories, but not the Best Picture, when using a future narrative setting but performed poorly in other [direct prompt] approaches,” the paper explains.

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for prompts correctly predicted, these models don’t always provide the same answer. “Something for people to keep in mind is there’s this randomness to the prediction,” said Cunningham. “So if you ask it 100 times, you’ll get a distribution of answers. And so you can look at things like the confidence intervals, or the averages, as opposed to just a single prediction.”

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ChatGPT also exhibited varying forecast accuracy based on prompts. “We have two story prompts that we do,” explained Cunningham. “One is a college professor, set in the future teaching a class. And in the class, she reads off one year’s worth of data on inflation and unemployment. And in another one, we had Jerome Powell, the Chairman of the Federal Reserve, give a speech to the Board of Governors. We got very different results. And Powell’s [AI generated] speech is much more accurate.”

In other words, certain prompt details lead to better forecasts, but it’s not clear in advance what those might be.

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Source: ChatGPT forecasts the future better when telling tales • The Register

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