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GPTree: Towards Explainable Decision-Making via LLM-powered Decision Trees

Nov 14, 2024 - arxiv.org
The article introduces GPTree, a new framework that combines the explainability of decision trees with the advanced reasoning capabilities of LLMs. This system eliminates the need for feature engineering and prompt chaining, requiring only a task-specific prompt and using a tree-based structure to dynamically split samples. It also includes an expert-in-the-loop feedback mechanism that allows human intervention to refine and rebuild decision paths, highlighting the synergy between human expertise and machine intelligence.

The GPTree decision tree has demonstrated superior performance in identifying "unicorn" startups at their inception stage, achieving a 7.8% precision rate. This surpasses the gpt-4o with few-shot learning and even outperforms the best human decision-makers, who have a precision rate of 3.1% to 5.6%.

Key takeaways:

  • The paper presents GPTree, a new framework that combines the explainability of decision trees with the advanced reasoning capabilities of LLMs.
  • GPTree eliminates the need for feature engineering and prompt chaining, requiring only a task-specific prompt and leveraging a tree-based structure to dynamically split samples.
  • The authors introduce an expert-in-the-loop feedback mechanism to enhance performance by enabling human intervention to refine and rebuild decision paths.
  • The decision tree achieved a 7.8% precision rate for identifying 'unicorn' startups at the inception stage, surpassing gpt-4o with few-shot learning as well as the best human decision-makers (3.1% to 5.6%).
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