SetFitABSA: Few-Shot Aspect Based Sentiment Analysis using SetFit

AI Impact Summary

SetFitABSA introduces a novel framework for few-shot Aspect Based Sentiment Analysis (ABSA) leveraging SetFit models, offering a faster and more efficient alternative to traditional LLM-based approaches. The core innovation lies in eliminating the need for handcrafted prompts, directly generating rich embeddings from a small number of labeled examples, and utilizing a simple training data format. This approach demonstrates competitive performance, even outperforming larger models like Llama2 and T5 in few-shot scenarios, particularly when training data is limited.