EFPC: Towards Efficient and Flexible Prompt Compression

The emergence of large language models (LLMs) like GPT-4 has revolutionized natural language processing (NLP), enabling diverse, complex tasks. However, extensive token counts lead to high computational and financial burdens. To address this, we propose Efficient and Flexible Prompt Compression (EFPC), a novel method unifying task-aware and task-agnostic compression for a favorable accuracy-efficiency trade-off. EFPC uses GPT-4 to generate compressed prompts and integrates them with original prompts for training. During training and inference, we selectively prepend user instructions and compress prompts based on predicted probabilities. EFPC is highly data-efficient, achieving significant performance with minimal data. Compared to the state-of-the-art method LLMLingua-2, EFPC achieves a 4.8% relative improvement in F1-score with 1% additional data at a 4x compression rate, and an 11.4% gain with 10% additional data on the LongBench single-doc QA benchmark. EFPC's unified framework supports broad applicability and enhances performance across various models, tasks, and domains, offering a practical advancement in NLP.