It's Not Just Size That Matters: Small Language Models Are Also Few-Shot Learners
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When scaled to hundreds of billions of parameters, pretrained language models such as GPT-3 (Brown et al., 2020) achieve remarkable few-shot performance on challenging natural language understanding benchmarks. In this work, we show that performance similar to GPT-3 can be obtained with language models whose parameter count is several orders of magnitude smaller. This is achieved by converting textual inputs into cloze questions that contain some form of task description, combined with gradient-based optimization; additionally exploiting unlabeled data gives further improvements. Based on our findings, we identify several key factors required for successful natural language understanding with small language models.
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