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In this paper we show the surprising effectiveness of a simple observed features model in comparison to latent feature models on two benchmark knowledge base completion datasets, FB15K and WN18. We also compare latent and observed feature models on a more challenging dataset derived from FB15K, and additionally coupled with textual mentions from a web-scale corpus. We show that the observed features model is most effective at capturing the information present for entity pairs with textual relations, and a combination of the two combines the strengths of both model types.
Toutanova et al. (Thu,) studied this question.