pwc-archive/papers-with-abstracts huggingface dataset:
FinLlama: Financial Sentiment Classification for Algorithmic Trading Applications
Authors: Thanos Konstantinidis, Giorgos Iacovides, Mingxue Xu, Tony G. Constantinides, Danilo Mandic
Date: 2024-03-18 00:00:00
Tasks: Algorithmic Trading, Articles, Classification, parameter-efficient fine-tuning, Sentiment Analysis, Sentiment Classification

There are multiple sources of financial news online which influence market movements and trader's decisions. This highlights the need for accurate sentiment analysis, in addition to having appropriate algorithmic trading techniques, to arrive at better informed trading decisions. Standard lexicon based sentiment approaches have demonstrated their power in aiding financial decisions. However, they are known to suffer from issues related to context sensitivity and word ordering. Large Language Models (LLMs) can also be used in this context, but they are not finance-specific and tend to require significant computational resources. To facilitate a finance specific LLM framework, we introduce a novel approach based on the Llama 2 7B foundational model, in order to benefit from its generative nature and comprehensive language manipulation. This is achieved by fine-tuning the Llama2 7B model on a small portion of supervised financial sentiment analysis data, so as to jointly handle the complexities of financial lexicon and context, and further equipping it with a neural network based decision mechanism. Such a generator-classifier scheme, referred to as FinLlama, is trained not only to classify the sentiment valence but also quantify its strength, thus offering traders a nuanced insight into financial news articles. Complementing this, the implementation of parameter-efficient fine-tuning through LoRA optimises trainable parameters, thus minimising computational and memory requirements, without sacrificing accuracy. Simulation results demonstrate the ability of the proposed FinLlama to provide a framework for enhanced portfolio management decisions and increased market returns. These results underpin the ability of FinLlama to construct high-return portfolios which exhibit enhanced resilience, even during volatile periods and unpredictable market events.
Stochastic Rounding Implicitly Regularizes Tall-and-Thin Matrices
Authors: Gregory Dexter, Christos Boutsikas, Linkai Ma, Ilse C. F. Ipsen, Petros Drineas
Date: 2024-03-18 00:00:00

Motivated by the popularity of stochastic rounding in the context of machine learning and the training of large-scale deep neural network models, we consider stochastic nearness rounding of real matrices $\mathbf{A}$ with many more rows than columns. We provide novel theoretical evidence, supported by extensive experimental evaluation that, with high probability, the smallest singular value of a stochastically rounded matrix is well bounded away from zero -- regardless of how close $\mathbf{A}$ is to being rank deficient and even if $\mathbf{A}$ is rank-deficient. In other words, stochastic rounding \textit{implicitly regularizes} tall and skinny matrices $\mathbf{A}$ so that the rounded version has full column rank. Our proofs leverage powerful results in random matrix theory, and the idea that stochastic rounding errors do not concentrate in low-dimensional column spaces.
Adaptive LPD Radar Waveform Design with Generative Deep Learning
Authors: Matthew R. Ziemann, Christopher A. Metzler
Date: 2024-03-18 00:00:00
Tasks: Deep Learning, Radar waveform design

We propose a learning-based method for adaptively generating low probability of detection (LPD) radar waveforms that blend into their operating environment. Our waveforms are designed to follow a distribution that is indistinguishable from the ambient radio frequency (RF) background -- while still being effective at ranging and sensing. To do so, we use an unsupervised, adversarial learning framework; our generator network produces waveforms designed to confuse a critic network, which is optimized to differentiate generated waveforms from the background. To ensure our generated waveforms are still effective for sensing, we introduce and minimize an ambiguity function-based loss on the generated waveforms. We evaluate the performance of our method by comparing the single-pulse detectability of our generated waveforms with traditional LPD waveforms using a separately trained detection neural network. We find that our method can generate LPD waveforms that reduce detectability by up to 90% while simultaneously offering improved ambiguity function (sensing) characteristics. Our framework also provides a mechanism to trade-off detectability and sensing performance.
Private graphon estimation via sum-of-squares
Authors: Hongjie Chen, Jingqiu Ding, Tommaso d'Orsi, Yiding Hua, Chih-Hung Liu, David Steurer
Date: 2024-03-18 00:00:00
Tasks: Graphon Estimation

We develop the first pure node-differentially-private algorithms for learning stochastic block models and for graphon estimation with polynomial running time for any constant number of blocks. The statistical utility guarantees match those of the previous best information-theoretic (exponential-time) node-private mechanisms for these problems. The algorithm is based on an exponential mechanism for a score function defined in terms of a sum-of-squares relaxation whose level depends on the number of blocks. The key ingredients of our results are (1) a characterization of the distance between the block graphons in terms of a quadratic optimization over the polytope of doubly stochastic matrices, (2) a general sum-of-squares convergence result for polynomial optimization over arbitrary polytopes, and (3) a general approach to perform Lipschitz extensions of score functions as part of the sum-of-squares algorithmic paradigm.
Useful Compact Representations for Data-Fitting
Authors: Johannes J. Brust
Date: 2024-03-18 00:00:00

For minimization problems without 2nd derivative information, methods that estimate Hessian matrices can be very effective. However, conventional techniques generate dense matrices that are prohibitive for large problems. Limited-memory compact representations express the dense arrays in terms of a low rank representation and have become the state-of-the-art for software implementations on large deterministic problems. We develop new compact representations that are parameterized by a choice of vectors and that reduce to existing well known formulas for special choices. We demonstrate effectiveness of the compact representations for large eigenvalue computations, tensor factorizations and nonlinear regressions.
PETScML: Second-order solvers for training regression problems in Scientific Machine Learning
Authors: Stefano Zampini, Umberto Zerbinati, George Turkiyyah, David Keyes
Date: 2024-03-18 00:00:00
Tasks: Deep Learning, regression

In recent years, we have witnessed the emergence of scientific machine learning as a data-driven tool for the analysis, by means of deep-learning techniques, of data produced by computational science and engineering applications. At the core of these methods is the supervised training algorithm to learn the neural network realization, a highly non-convex optimization problem that is usually solved using stochastic gradient methods. However, distinct from deep-learning practice, scientific machine-learning training problems feature a much larger volume of smooth data and better characterizations of the empirical risk functions, which make them suited for conventional solvers for unconstrained optimization. We introduce a lightweight software framework built on top of the Portable and Extensible Toolkit for Scientific computation to bridge the gap between deep-learning software and conventional solvers for unconstrained minimization. We empirically demonstrate the superior efficacy of a trust region method based on the Gauss-Newton approximation of the Hessian in improving the generalization errors arising from regression tasks when learning surrogate models for a wide range of scientific machine-learning techniques and test cases. All the conventional second-order solvers tested, including L-BFGS and inexact Newton with line-search, compare favorably, either in terms of cost or accuracy, with the adaptive first-order methods used to validate the surrogate models.
Approximation of RKHS Functionals by Neural Networks
Authors: Tian-Yi Zhou, Namjoon Suh, Guang Cheng, Xiaoming Huo
Date: 2024-03-18 00:00:00
Tasks: regression, Time Series

Motivated by the abundance of functional data such as time series and images, there has been a growing interest in integrating such data into neural networks and learning maps from function spaces to R (i.e., functionals). In this paper, we study the approximation of functionals on reproducing kernel Hilbert spaces (RKHS's) using neural networks. We establish the universality of the approximation of functionals on the RKHS's. Specifically, we derive explicit error bounds for those induced by inverse multiquadric, Gaussian, and Sobolev kernels. Moreover, we apply our findings to functional regression, proving that neural networks can accurately approximate the regression maps in generalized functional linear models. Existing works on functional learning require integration-type basis function expansions with a set of pre-specified basis functions. By leveraging the interpolating orthogonal projections in RKHS's, our proposed network is much simpler in that we use point evaluations to replace basis function expansions.
The Power of Few: Accelerating and Enhancing Data Reweighting with Coreset Selection
Authors: Mohammad Jafari, Yimeng Zhang, Yihua Zhang, Sijia Liu
Date: 2024-03-18 00:00:00
Tasks: Computational Efficiency

As machine learning tasks continue to evolve, the trend has been to gather larger datasets and train increasingly larger models. While this has led to advancements in accuracy, it has also escalated computational costs to unsustainable levels. Addressing this, our work aims to strike a delicate balance between computational efficiency and model accuracy, a persisting challenge in the field. We introduce a novel method that employs core subset selection for reweighting, effectively optimizing both computational time and model performance. By focusing on a strategically selected coreset, our approach offers a robust representation, as it efficiently minimizes the influence of outliers. The re-calibrated weights are then mapped back to and propagated across the entire dataset. Our experimental results substantiate the effectiveness of this approach, underscoring its potential as a scalable and precise solution for model training.
Variational Approach for Efficient KL Divergence Estimation in Dirichlet Mixture Models
Authors: Samyajoy Pal, Christian Heumann
Date: 2024-03-18 00:00:00
Tasks: Clustering, Computational Efficiency

This study tackles the efficient estimation of Kullback-Leibler (KL) Divergence in Dirichlet Mixture Models (DMM), crucial for clustering compositional data. Despite the significance of DMMs, obtaining an analytically tractable solution for KL Divergence has proven elusive. Past approaches relied on computationally demanding Monte Carlo methods, motivating our introduction of a novel variational approach. Our method offers a closed-form solution, significantly enhancing computational efficiency for swift model comparisons and robust estimation evaluations. Validation using real and simulated data showcases its superior efficiency and accuracy over traditional Monte Carlo-based methods, opening new avenues for rapid exploration of diverse DMM models and advancing statistical analyses of compositional data.
Light Curve Classification with DistClassiPy: a new distance-based classifier
Authors: Siddharth Chaini, Ashish Mahabal, Ajit Kembhavi, Federica B. Bianco
Date: 2024-03-18 00:00:00
Tasks: Astronomy, Classification, Dimensionality Reduction, Time Series

The rise of synoptic sky surveys has ushered in an era of big data in time-domain astronomy, making data science and machine learning essential tools for studying celestial objects. While tree-based models (e.g. Random Forests) and deep learning models dominate the field, we explore the use of different distance metrics to aid in the classification of astrophysical objects. We developed DistClassiPy, a new distance metric based classifier. The direct use of distance metrics is unexplored in time-domain astronomy, but distance-based methods can help make classification more interpretable and decrease computational costs. In particular, we applied DistClassiPy to classify light curves of variable stars, comparing the distances between objects of different classes. Using 18 distance metrics on a catalog of 6,000 variable stars across 10 classes, we demonstrate classification and dimensionality reduction. Our classifier meets state-of-the-art performance but has lower computational requirements and improved interpretability. Additionally, DistClassiPy can be tailored to specific objects by identifying the most effective distance metric for that classification. To facilitate broader applications within and beyond astronomy, we have made DistClassiPy open-source and available at https://pypi.org/project/distclassipy/.
Posterior Uncertainty Quantification in Neural Networks using Data Augmentation
Authors: Luhuan Wu, Sinead Williamson
Date: 2024-03-18 00:00:00
Tasks: Data Augmentation, image-classification, Image Classification, Uncertainty Quantification

In this paper, we approach the problem of uncertainty quantification in deep learning through a predictive framework, which captures uncertainty in model parameters by specifying our assumptions about the predictive distribution of unseen future data. Under this view, we show that deep ensembling (Lakshminarayanan et al., 2017) is a fundamentally mis-specified model class, since it assumes that future data are supported on existing observations only -- a situation rarely encountered in practice. To address this limitation, we propose MixupMP, a method that constructs a more realistic predictive distribution using popular data augmentation techniques. MixupMP operates as a drop-in replacement for deep ensembles, where each ensemble member is trained on a random simulation from this predictive distribution. Grounded in the recently-proposed framework of Martingale posteriors (Fong et al., 2023), MixupMP returns samples from an implicitly defined Bayesian posterior. Our empirical analysis showcases that MixupMP achieves superior predictive performance and uncertainty quantification on various image classification datasets, when compared with existing Bayesian and non-Bayesian approaches.
Transfer Learning for T-Cell Response Prediction
Authors: Josua Stadelmaier, Brandon Malone, Ralf Eggeling
Date: 2024-03-18 00:00:00
Tasks: Prediction, Transfer Learning

We study the prediction of T-cell response for specific given peptides, which could, among other applications, be a crucial step towards the development of personalized cancer vaccines. It is a challenging task due to limited, heterogeneous training data featuring a multi-domain structure; such data entail the danger of shortcut learning, where models learn general characteristics of peptide sources, such as the source organism, rather than specific peptide characteristics associated with T-cell response. Using a transformer model for T-cell response prediction, we show that the danger of inflated predictive performance is not merely theoretical but occurs in practice. Consequently, we propose a domain-aware evaluation scheme. We then study different transfer learning techniques to deal with the multi-domain structure and shortcut learning. We demonstrate a per-source fine tuning approach to be effective across a wide range of peptide sources and further show that our final model is competitive with existing state-of-the-art approaches for predicting T-cell responses for human peptides.
Unsupervised End-to-End Training with a Self-Defined Target
Authors: Dongshu Liu, Jérémie Laydevant, Adrien Pontlevy, Damien Querlioz, Julie Grollier
Date: 2024-03-18 00:00:00
Tasks: Self-Supervised Learning

Designing algorithms for versatile AI hardware that can learn on the edge using both labeled and unlabeled data is challenging. Deep end-to-end training methods incorporating phases of self-supervised and supervised learning are accurate and adaptable to input data but self-supervised learning requires even more computational and memory resources than supervised learning, too high for current embedded hardware. Conversely, unsupervised layer-by-layer training, such as Hebbian learning, is more compatible with existing hardware but does not integrate well with supervised learning. To address this, we propose a method enabling networks or hardware designed for end-to-end supervised learning to also perform high-performance unsupervised learning by adding two simple elements to the output layer: Winner-Take-All (WTA) selectivity and homeostasis regularization. These mechanisms introduce a "self-defined target" for unlabeled data, allowing purely unsupervised training for both fully-connected and convolutional layers using backpropagation or equilibrium propagation on datasets like MNIST (up to 99.2%), Fashion-MNIST (up to 90.3%), and SVHN (up to 81.5%). We extend this method to semi-supervised learning, adjusting targets based on data type, achieving 96.6% accuracy with only 600 labeled MNIST samples in a multi-layer perceptron. Our results show that this approach can effectively enable networks and hardware initially dedicated to supervised learning to also perform unsupervised learning, adapting to varying availability of labeled data.
Dated Data: Tracing Knowledge Cutoffs in Large Language Models
Authors: Jeffrey Cheng, Marc Marone, Orion Weller, Dawn Lawrie, Daniel Khashabi, Benjamin Van Durme
Date: 2024-03-19 00:00:00

Released Large Language Models (LLMs) are often paired with a claimed knowledge cutoff date, or the dates at which training data was gathered. Such information is crucial for applications where the LLM must provide up to date information. However, this statement only scratches the surface: do all resources in the training data share the same knowledge cutoff date? Does the model's demonstrated knowledge for these subsets closely align to their cutoff dates? In this work, we define the notion of an effective cutoff. This is distinct from the LLM designer reported cutoff and applies separately to sub-resources and topics. We propose a simple approach to estimate effective cutoffs on the resource-level temporal alignment of an LLM by probing across versions of the data. Using this analysis, we find that effective cutoffs often differ from reported cutoffs. To understand the root cause of this observation, we conduct a direct large-scale analysis on open pre-training datasets. Our analysis reveals two reasons for these inconsistencies: (1) temporal biases of CommonCrawl data due to non-trivial amounts of old data in new dumps and (2) complications in LLM deduplication schemes involving semantic duplicates and lexical near-duplicates. Overall, our results show that knowledge cutoffs are not as simple as they have seemed and that care must be taken both by LLM dataset curators as well as practitioners who seek to use information from these models.
Supporting Energy Policy Research with Large Language Models
Authors: Grant Buster, Pavlo Pinchuk, Jacob Barrons, Ryan McKeever, Aaron Levine, Anthony Lopez
Date: 2024-03-19 00:00:00

The recent growth in renewable energy development in the United States has been accompanied by a simultaneous surge in renewable energy siting ordinances. These zoning laws play a critical role in dictating the placement of wind and solar resources that are critical for achieving low-carbon energy futures. In this context, efficient access to and management of siting ordinance data becomes imperative. The National Renewable Energy Laboratory (NREL) recently introduced a public wind and solar siting database to fill this need. This paper presents a method for harnessing Large Language Models (LLMs) to automate the extraction of these siting ordinances from legal documents, enabling this database to maintain accurate up-to-date information in the rapidly changing energy policy landscape. A novel contribution of this research is the integration of a decision tree framework with LLMs. Our results show that this approach is 85 to 90% accurate with outputs that can be used directly in downstream quantitative modeling. We discuss opportunities to use this work to support similar large-scale policy research in the energy sector. By unlocking new efficiencies in the extraction and analysis of legal documents using LLMs, this study enables a path forward for automated large-scale energy policy research.
Agent-FLAN: Designing Data and Methods of Effective Agent Tuning for Large Language Models
Authors: Zehui Chen, Kuikun Liu, Qiuchen Wang, Wenwei Zhang, Jiangning Liu, Dahua Lin, Kai Chen, Feng Zhao
Date: 2024-03-19 00:00:00
Tasks: Hallucination

Open-sourced Large Language Models (LLMs) have achieved great success in various NLP tasks, however, they are still far inferior to API-based models when acting as agents. How to integrate agent ability into general LLMs becomes a crucial and urgent problem. This paper first delivers three key observations: (1) the current agent training corpus is entangled with both formats following and agent reasoning, which significantly shifts from the distribution of its pre-training data; (2) LLMs exhibit different learning speeds on the capabilities required by agent tasks; and (3) current approaches have side-effects when improving agent abilities by introducing hallucinations. Based on the above findings, we propose Agent-FLAN to effectively Fine-tune LANguage models for Agents. Through careful decomposition and redesign of the training corpus, Agent-FLAN enables Llama2-7B to outperform prior best works by 3.5\% across various agent evaluation datasets. With comprehensively constructed negative samples, Agent-FLAN greatly alleviates the hallucination issues based on our established evaluation benchmark. Besides, it consistently improves the agent capability of LLMs when scaling model sizes while slightly enhancing the general capability of LLMs. The code will be available at https://github.com/InternLM/Agent-FLAN.
Epistemology of Language Models: Do Language Models Have Holistic Knowledge?
Authors: Minsu Kim, James Thorne
Date: 2024-03-19 00:00:00

This paper investigates the inherent knowledge in language models from the perspective of epistemological holism. The purpose of this paper is to explore whether LLMs exhibit characteristics consistent with epistemological holism. These characteristics suggest that core knowledge, such as general scientific knowledge, each plays a specific role, serving as the foundation of our knowledge system and being difficult to revise. To assess these traits related to holism, we created a scientific reasoning dataset and examined the epistemology of language models through three tasks: Abduction, Revision, and Argument Generation. In the abduction task, the language models explained situations while avoiding revising the core knowledge. However, in other tasks, the language models were revealed not to distinguish between core and peripheral knowledge, showing an incomplete alignment with holistic knowledge principles.