  Large Language Models (LLMs) have ushered in a new era of text annotation, as
their ease-of-use, high accuracy, and relatively low costs have meant that
their use has exploded in recent months. However, the rapid growth of the field
has meant that LLM-based annotation has become something of an academic Wild
West: the lack of established practices and standards has led to concerns about
the quality and validity of research. Researchers have warned that the
ostensible simplicity of LLMs can be misleading, as they are prone to bias,
misunderstandings, and unreliable results. Recognizing the transformative
potential of LLMs, this paper proposes a comprehensive set of standards and
best practices for their reliable, reproducible, and ethical use. These
guidelines span critical areas such as model selection, prompt engineering,
structured prompting, prompt stability analysis, rigorous model validation, and
the consideration of ethical and legal implications. The paper emphasizes the
need for a structured, directed, and formalized approach to using LLMs, aiming
to ensure the integrity and robustness of text annotation practices, and
advocates for a nuanced and critical engagement with LLMs in social scientific
research.
