Multipurpose Model Enhances Forecasting Across Epidemics, Energy, and Economics

A new machine learning (ML) model from Georgia Tech could protect communities from diseases, better manage electricity consumption in cities, and promote business growth, all at the same time.

Researchers from the School of Computational Science and Engineering (CSE) created the Large Pre-Trained Time-Series Model (LPTM) framework. LPTM is a single foundational model that completes forecasting tasks across a broad range of domains.

Along with performing as well or better than models purpose-built for their applications, LPTM requires 40% less data and 50% less training time than current baselines. In some cases, LPTM can be deployed without any training data.

The key to LPTM is that it is pre-trained on datasets from different industries like healthcare, transportation, and energy. The Georgia Tech group created an adaptive segmentation module to make effective use of these vastly different datasets.