OpenEP: Open-Ended Future Event Prediction

TL;DR

OpenEP introduces a new open-ended future event prediction task with a diverse dataset and a stakeholder-enhanced framework, enabling more realistic and flexible event outcome predictions beyond fixed categories.

Contribution

The paper presents OpenEP, a novel open-ended event prediction task, along with OpenEPBench dataset and StkFEP framework, advancing beyond traditional fixed-outcome classification methods.

Findings

Existing LLMs struggle with open-ended event prediction.

OpenEPBench provides diverse, real-world event data.

StkFEP improves event understanding through stakeholder and historical context.

Abstract

Future event prediction (FEP) is a long-standing and crucial task in the world, as understanding the evolution of events enables early risk identification, informed decision-making, and strategic planning. Existing work typically treats event prediction as classification tasks and confines the outcomes of future events to a fixed scope, such as yes/no questions, candidate set, and taxonomy, which is difficult to include all possible outcomes of future events. In this paper, we introduce OpenEP (an Open-Ended Future Event Prediction task), which generates flexible and diverse predictions aligned with real-world scenarios. This is mainly reflected in two aspects: firstly, the predictive questions are diverse, covering different stages of event development and perspectives; secondly, the outcomes are flexible, without constraints on scope or format. To facilitate the study of this task, we construct OpenEPBench, an open-ended future event prediction dataset. For question construction, we pose questions from seven perspectives, including location, time, event development, event outcome, event impact, event response, and other, to facilitate an in-depth analysis and understanding of the comprehensive evolution of events. For outcome construction, we collect free-form text containing the outcomes as ground truth to provide semantically complete and detail-enriched outcomes. Furthermore, we propose StkFEP, a stakeholder-enhanced future event prediction framework, that incorporates event characteristics for open-ended settings. Our method extracts stakeholders involved in events to extend questions to gather diverse information. We also collect historically events that are relevant and similar to the question to reveal potential evolutionary patterns. Experiment results indicate that accurately predicting future events in open-ended settings is challenging for existing LLMs.