Revisiting Data Analysis with Pre-trained Foundation Models
Chen Liang, Donghua Yang, Zheng Liang, Zhiyu Liang, Tianle Zhang, Boyu Xiao, Yuqing Yang, Wenqi Wang, Hongzhi Wang
TL;DR
The paper surveys how Pre-trained Foundation Models (PFMs) can systematically enhance data analysis by enabling scalable reasoning, improved accessibility, better data quality, and automated workflows. It argues that PFMs support symbolic concept handling, PAC-style in-context learning, and cross-modal generalization, while also offering representation learning, DSL consolidation, and interpretable/editable reasoning to improve reliability. The work outlines a comprehensive framework of PFMs-enhanced methodologies across reasoning, interface design, data quality, and AutoML, and discusses critical challenges such as inference costs, domain generalization, consistency, theory integration, and trust. It concludes with a roadmap for integrating PFMs into data analysis in a principled manner, balancing innovation with foundational methods to maximize practical impact. Overall, PFMs are positioned as a versatility-driven driver for scalable, interpretable, and automated data analysis, provided that cost, reliability, and theoretical alignment are carefully managed.
Abstract
Data analysis focuses on harnessing advanced statistics, programming, and machine learning techniques to extract valuable insights from vast datasets. An increasing volume and variety of research emerged, addressing datasets of diverse modalities, formats, scales, and resolutions across various industries. However, experienced data analysts often find themselves overwhelmed by intricate details in ad-hoc solutions or attempts to extract the semantics of grounded data properly. This makes it difficult to maintain and scale to more complex systems. Pre-trained foundation models (PFMs), grounded with a large amount of grounded data that previous data analysis methods can not fully understand, leverage complete statistics that combine reasoning of an admissible subset of results and statistical approximations by surprising engineering effects, to automate and enhance the analysis process. It pushes us to revisit data analysis to make better sense of data with PFMs. This paper provides a comprehensive review of systematic approaches to optimizing data analysis through the power of PFMs, while critically identifying the limitations of PFMs, to establish a roadmap for their future application in data analysis.
