Parameter-Efficient Fine-Tuning Methods for Pretrained Language Models: A Critical Review and Assessment

With the continuous growth in the number of parameters of the Transformer-based pretrained language models (PLMs), particularly the emergence of large language models (LLMs) with billions of parameters, many natural language processing (NLP) tasks have demonstrated remarkable success. However, the enormous size and computational demands of these models pose significant challenges for adapting them to specific downstream tasks, especially in environments with limited computational resources. Parameter-Efficient Fine-Tuning (PEFT) offers an effective solution by reducing the number of fine-tuning parameters and memory usage while achieving comparable performance to full fine-tuning. The demands for fine-tuning…

• LU
  Lingnan University