Investigating Chain-of-thought with ChatGPT for Stance Detection on Social Media

Abstract: Stance detection predicts attitudes towards targets in texts and has gained attention with the rise of social media. Traditional approaches include conventional machine learning, early deep neural networks, and pre-trained fine-tuning models. However, with the evolution of very large pre-trained LLMs (VLPLMs) like ChatGPT (GPT-3.5), traditional methods face deployment challenges. The parameter-free Chain-of-Thought (CoT) approach, not requiring backpropagation training, has emerged as a promising alternative. This paper examines CoT's effectiveness in stance detection tasks, demonstrating its superior accuracy and discussing associated challenges.