pwc-archive/papers-with-abstracts huggingface dataset:
A Multimodal Foundation Agent for Financial Trading: Tool-Augmented, Diversified, and Generalist
Authors: Wentao Zhang, Lingxuan Zhao, Haochong Xia, Shuo Sun, Jiaze Sun, Molei Qin, Xinyi Li, Yuqing Zhao, Yilei Zhao, Xinyu Cai, Longtao Zheng, Xinrun Wang, Bo An
Date: 2024-02-28 00:00:00

Financial trading is a crucial component of the markets, informed by a multimodal information landscape encompassing news, prices, and Kline charts, and encompasses diverse tasks such as quantitative trading and high-frequency trading with various assets. While advanced AI techniques like deep learning and reinforcement learning are extensively utilized in finance, their application in financial trading tasks often faces challenges due to inadequate handling of multimodal data and limited generalizability across various tasks. To address these challenges, we present FinAgent, a multimodal foundational agent with tool augmentation for financial trading. FinAgent's market intelligence module processes a diverse range of data-numerical, textual, and visual-to accurately analyze the financial market. Its unique dual-level reflection module not only enables rapid adaptation to market dynamics but also incorporates a diversified memory retrieval system, enhancing the agent's ability to learn from historical data and improve decision-making processes. The agent's emphasis on reasoning for actions fosters trust in its financial decisions. Moreover, FinAgent integrates established trading strategies and expert insights, ensuring that its trading approaches are both data-driven and rooted in sound financial principles. With comprehensive experiments on 6 financial datasets, including stocks and Crypto, FinAgent significantly outperforms 9 state-of-the-art baselines in terms of 6 financial metrics with over 36% average improvement on profit. Specifically, a 92.27% return (a 84.39% relative improvement) is achieved on one dataset. Notably, FinAgent is the first advanced multimodal foundation agent designed for financial trading tasks.
Signature Kernel Conditional Independence Tests in Causal Discovery for Stochastic Processes
Authors: Georg Manten, Cecilia Casolo, Emilio Ferrucci, Søren Wengel Mogensen, Cristopher Salvi, Niki Kilbertus
Date: 2024-02-28 00:00:00
Tasks: Causal Discovery

Inferring the causal structure underlying stochastic dynamical systems from observational data holds great promise in domains ranging from science and health to finance. Such processes can often be accurately modeled via stochastic differential equations (SDEs), which naturally imply causal relationships via "which variables enter the differential of which other variables". In this paper, we develop conditional independence (CI) constraints on coordinate processes over selected intervals that are Markov with respect to the acyclic dependence graph (allowing self-loops) induced by a general SDE model. We then provide a sound and complete causal discovery algorithm, capable of handling both fully and partially observed data, and uniquely recovering the underlying or induced ancestral graph by exploiting time directionality assuming a CI oracle. Finally, to make our algorithm practically usable, we also propose a flexible, consistent signature kernel-based CI test to infer these constraints from data. We extensively benchmark the CI test in isolation and as part of our causal discovery algorithms, outperforming existing approaches in SDE models and beyond.
HOP to the Next Tasks and Domains for Continual Learning in NLP
Authors: Umberto Michieli, Mete Ozay
Date: 2024-02-28 00:00:00
Tasks: Continual Learning

Continual Learning (CL) aims to learn a sequence of problems (i.e., tasks and domains) by transferring knowledge acquired on previous problems, whilst avoiding forgetting of past ones. Different from previous approaches which focused on CL for one NLP task or domain in a specific use-case, in this paper, we address a more general CL setting to learn from a sequence of problems in a unique framework. Our method, HOP, permits to hop across tasks and domains by addressing the CL problem along three directions: (i) we employ a set of adapters to generalize a large pre-trained model to unseen problems, (ii) we compute high-order moments over the distribution of embedded representations to distinguish independent and correlated statistics across different tasks and domains, (iii) we process this enriched information with auxiliary heads specialized for each end problem. Extensive experimental campaign on 4 NLP applications, 5 benchmarks and 2 CL setups demonstrates the effectiveness of our HOP.
LeMo-NADe: Multi-Parameter Neural Architecture Discovery with LLMs
Authors: Md Hafizur Rahman, Prabuddha Chakraborty
Date: 2024-02-28 00:00:00
Tasks: Efficient Neural Network, Neural Architecture Search

Building efficient neural network architectures can be a time-consuming task requiring extensive expert knowledge. This task becomes particularly challenging for edge devices because one has to consider parameters such as power consumption during inferencing, model size, inferencing speed, and CO2 emissions. In this article, we introduce a novel framework designed to automatically discover new neural network architectures based on user-defined parameters, an expert system, and an LLM trained on a large amount of open-domain knowledge. The introduced framework (LeMo-NADe) is tailored to be used by non-AI experts, does not require a predetermined neural architecture search space, and considers a large set of edge device-specific parameters. We implement and validate this proposed neural architecture discovery framework using CIFAR-10, CIFAR-100, and ImageNet16-120 datasets while using GPT-4 Turbo and Gemini as the LLM component. We observe that the proposed framework can rapidly (within hours) discover intricate neural network models that perform extremely well across a diverse set of application settings defined by the user.
Beyond Natural Language: LLMs Leveraging Alternative Formats for Enhanced Reasoning and Communication
Authors: Weize Chen, Chenfei Yuan, Jiarui Yuan, Yusheng Su, Chen Qian, Cheng Yang, Ruobing Xie, Zhiyuan Liu, Maosong Sun
Date: 2024-02-28 00:00:00

Natural language (NL) has long been the predominant format for human cognition and communication, and by extension, has been similarly pivotal in the development and application of Large Language Models (LLMs). Yet, besides NL, LLMs have seen various non-NL formats during pre-training, such as code and logical expression. NL's status as the optimal format for LLMs, particularly in single-LLM reasoning and multi-agent communication, has not been thoroughly examined. In this work, we challenge the default use of NL by exploring the utility of non-NL formats in these contexts. We show that allowing LLMs to autonomously select the most suitable format before reasoning or communicating leads to a 3.3 to 5.7\% improvement in reasoning efficiency for different LLMs, and up to a 72.7\% reduction in token usage in multi-agent communication, all while maintaining communicative effectiveness. Our comprehensive analysis further reveals that LLMs can devise a format from limited task instructions and that the devised format is effectively transferable across different LLMs. Intriguingly, the structured communication format decided by LLMs exhibits notable parallels with established agent communication languages, suggesting a natural evolution towards efficient, structured communication in agent communication. Our code is released at \url{https://github.com/thunlp/AutoForm}.
A Relational Inductive Bias for Dimensional Abstraction in Neural Networks
Authors: Declan Campbell, Jonathan D. Cohen
Date: 2024-02-28 00:00:00
Tasks: Inductive Bias

The human cognitive system exhibits remarkable flexibility and generalization capabilities, partly due to its ability to form low-dimensional, compositional representations of the environment. In contrast, standard neural network architectures often struggle with abstract reasoning tasks, overfitting, and requiring extensive data for training. This paper investigates the impact of the relational bottleneck -- a mechanism that focuses processing on relations among inputs -- on the learning of factorized representations conducive to compositional coding and the attendant flexibility of processing. We demonstrate that such a bottleneck not only improves generalization and learning efficiency, but also aligns network performance with human-like behavioral biases. Networks trained with the relational bottleneck developed orthogonal representations of feature dimensions latent in the dataset, reflecting the factorized structure thought to underlie human cognitive flexibility. Moreover, the relational network mimics human biases towards regularity without pre-specified symbolic primitives, suggesting that the bottleneck fosters the emergence of abstract representations that confer flexibility akin to symbols.
Emotion Classification in Low and Moderate Resource Languages
Authors: Shabnam Tafreshi, Shubham Vatsal, Mona Diab
Date: 2024-02-28 00:00:00
Tasks: Classification, Cross-Lingual Transfer, Emotion Classification, Transfer Learning

It is important to be able to analyze the emotional state of people around the globe. There are 7100+ active languages spoken around the world and building emotion classification for each language is labor intensive. Particularly for low-resource and endangered languages, building emotion classification can be quite challenging. We present a cross-lingual emotion classifier, where we train an emotion classifier with resource-rich languages (i.e. \textit{English} in our work) and transfer the learning to low and moderate resource languages. We compare and contrast two approaches of transfer learning from a high-resource language to a low or moderate-resource language. One approach projects the annotation from a high-resource language to low and moderate-resource language in parallel corpora and the other one uses direct transfer from high-resource language to the other languages. We show the efficacy of our approaches on 6 languages: Farsi, Arabic, Spanish, Ilocano, Odia, and Azerbaijani. Our results indicate that our approaches outperform random baselines and transfer emotions across languages successfully. For all languages, the direct cross-lingual transfer of emotion yields better results. We also create annotated emotion-labeled resources for four languages: Farsi, Azerbaijani, Ilocano and Odia.
Can GPT Improve the State of Prior Authorization via Guideline Based Automated Question Answering?
Authors: Shubham Vatsal, Ayush Singh, Shabnam Tafreshi
Date: 2024-02-28 00:00:00
Tasks: Question Answering, Text Generation

Health insurance companies have a defined process called prior authorization (PA) which is a health plan cost-control process that requires doctors and other healthcare professionals to get clearance in advance from a health plan before performing a particular procedure on a patient in order to be eligible for payment coverage. For health insurance companies, approving PA requests for patients in the medical domain is a time-consuming and challenging task. One of those key challenges is validating if a request matches up to certain criteria such as age, gender, etc. In this work, we evaluate whether GPT can validate numerous key factors, in turn helping health plans reach a decision drastically faster. We frame it as a question answering task, prompting GPT to answer a question from patient electronic health record. We experiment with different conventional prompting techniques as well as introduce our own novel prompting technique. Moreover, we report qualitative assessment by humans on the natural language generation outputs from our approach. Results show that our method achieves superior performance with the mean weighted F1 score of 0.61 as compared to its standard counterparts.
A Cognitive Evaluation Benchmark of Image Reasoning and Description for Large Vision-Language Models
Authors: Xiujie Song, Mengyue Wu, Kenny Q. Zhu, Chunhao Zhang, Yanyi Chen
Date: 2024-02-28 00:00:00
Tasks: Image Description, Question Answering, Visual Question Answering

Large Vision-Language Models (LVLMs), despite their recent success, are hardly comprehensively tested for their cognitive abilities. Inspired by the prevalent use of the "Cookie Theft" task in human cognition test, we propose a novel evaluation benchmark to evaluate high-level cognitive ability of LVLMs using images with rich semantics. It defines eight reasoning capabilities and consists of an image description task and a visual question answering task. Our evaluation on well-known LVLMs shows that there is still a large gap in cognitive ability between LVLMs and humans.
Decictor: Towards Evaluating the Robustness of Decision-Making in Autonomous Driving Systems
Authors: Mingfei Cheng, Yuan Zhou, Xiaofei Xie, Junjie Wang, Guozhu Meng, Kairui Yang
Date: 2024-02-28 00:00:00
Tasks: Autonomous Driving, Autonomous Vehicles, Decision Making

Autonomous Driving System (ADS) testing is crucial in ADS development, with the current primary focus being on safety. However, the evaluation of non-safety-critical performance, particularly the ADS's ability to make optimal decisions and produce optimal paths for autonomous vehicles (AVs), is also vital to ensure the intelligence and reduce risks of AVs. Currently, there is little work dedicated to assessing the robustness of ADSs' path-planning decisions (PPDs), i.e., whether an ADS can maintain the optimal PPD after an insignificant change in the environment. The key challenges include the lack of clear oracles for assessing PPD optimality and the difficulty in searching for scenarios that lead to non-optimal PPDs. To fill this gap, in this paper, we focus on evaluating the robustness of ADSs' PPDs and propose the first method, Decictor, for generating non-optimal decision scenarios (NoDSs), where the ADS does not plan optimal paths for AVs. Decictor comprises three main components: Non-invasive Mutation, Consistency Check, and Feedback. To overcome the oracle challenge, Non-invasive Mutation is devised to implement conservative modifications, ensuring the preservation of the original optimal path in the mutated scenarios. Subsequently, the Consistency Check is applied to determine the presence of non-optimal PPDs by comparing the driving paths in the original and mutated scenarios. To deal with the challenge of large environment space, we design Feedback metrics that integrate spatial and temporal dimensions of the AV's movement. These metrics are crucial for effectively steering the generation of NoDSs. We evaluate Decictor on Baidu Apollo, an open-source and production-grade ADS. The experimental results validate the effectiveness of Decictor in detecting non-optimal PPDs of ADSs.
Unveiling the Potential of Robustness in Selecting Conditional Average Treatment Effect Estimators
Authors: Yiyan Huang, Cheuk Hang Leung, Siyi Wang, Yijun Li, Qi Wu
Date: 2024-02-28 00:00:00
Tasks: Causal Inference, counterfactual, Decision Making, Model Selection

The growing demand for personalized decision-making has led to a surge of interest in estimating the Conditional Average Treatment Effect (CATE). Various types of CATE estimators have been developed with advancements in machine learning and causal inference. However, selecting the desirable CATE estimator through a conventional model validation procedure remains impractical due to the absence of counterfactual outcomes in observational data. Existing approaches for CATE estimator selection, such as plug-in and pseudo-outcome metrics, face two challenges. First, they must determine the metric form and the underlying machine learning models for fitting nuisance parameters (e.g., outcome function, propensity function, and plug-in learner). Second, they lack a specific focus on selecting a robust CATE estimator. To address these challenges, this paper introduces a Distributionally Robust Metric (DRM) for CATE estimator selection. The proposed DRM is nuisance-free, eliminating the need to fit models for nuisance parameters, and it effectively prioritizes the selection of a distributionally robust CATE estimator. The experimental results validate the effectiveness of the DRM method in selecting CATE estimators that are robust to the distribution shift incurred by covariate shift and hidden confounders.
Neuromorphic Event-Driven Semantic Communication in Microgrids
Authors: Xiaoguang Diao, Yubo Song, Subham Sahoo, Yuan Li
Date: 2024-02-28 00:00:00
Tasks: Semantic Communication

Synergies between advanced communications, computing and artificial intelligence are unraveling new directions of coordinated operation and resiliency in microgrids. On one hand, coordination among sources is facilitated by distributed, privacy-minded processing at multiple locations, whereas on the other hand, it also creates exogenous data arrival paths for adversaries that can lead to cyber-physical attacks amongst other reliability issues in the communication layer. This long-standing problem necessitates new intrinsic ways of exchanging information between converters through power lines to optimize the system's control performance. Going beyond the existing power and data co-transfer technologies that are limited by efficiency and scalability concerns, this paper proposes neuromorphic learning to implant communicative features using spiking neural networks (SNNs) at each node, which is trained collaboratively in an online manner simply using the power exchanges between the nodes. As opposed to the conventional neuromorphic sensors that operate with spiking signals, we employ an event-driven selective process to collect sparse data for training of SNNs. Finally, its multi-fold effectiveness and reliable performance is validated under simulation conditions with different microgrid topologies and components to establish a new direction in the sense-actuate-compute cycle for power electronic dominated grids and microgrids.
The First Place Solution of WSDM Cup 2024: Leveraging Large Language Models for Conversational Multi-Doc QA
Authors: Yiming Li, Zhao Zhang
Date: 2024-02-28 00:00:00
Tasks: Natural Language Understanding, Question Answering

Conversational multi-doc question answering aims to answer specific questions based on the retrieved documents as well as the contextual conversations. In this paper, we introduce our winning approach for the "Conversational Multi-Doc QA" challenge in WSDM Cup 2024, which exploits the superior natural language understanding and generation capability of Large Language Models (LLMs). We first adapt LLMs to the task, then devise a hybrid training strategy to make the most of in-domain unlabeled data. Moreover, an advanced text embedding model is adopted to filter out potentially irrelevant documents and several approaches are designed and compared for the model ensemble. Equipped with all these techniques, our solution finally ranked 1st place in WSDM Cup 2024, surpassing its rivals to a large extent. The source codes have been released at https://github.com/zhangzhao219/WSDM-Cup-2024.
Large Language Models As Evolution Strategies
Authors: Robert Tjarko Lange, Yingtao Tian, Yujin Tang
Date: 2024-02-28 00:00:00
Tasks: In-Context Learning

Large Transformer models are capable of implementing a plethora of so-called in-context learning algorithms. These include gradient descent, classification, sequence completion, transformation, and improvement. In this work, we investigate whether large language models (LLMs), which never explicitly encountered the task of black-box optimization, are in principle capable of implementing evolutionary optimization algorithms. While previous works have solely focused on language-based task specification, we move forward and focus on the zero-shot application of LLMs to black-box optimization. We introduce a novel prompting strategy, consisting of least-to-most sorting of discretized population members and querying the LLM to propose an improvement to the mean statistic, i.e. perform a type of black-box recombination operation. Empirically, we find that our setup allows the user to obtain an LLM-based evolution strategy, which we call `EvoLLM', that robustly outperforms baseline algorithms such as random search and Gaussian Hill Climbing on synthetic BBOB functions as well as small neuroevolution tasks. Hence, LLMs can act as `plug-in' in-context recombination operators. We provide several comparative studies of the LLM's model size, prompt strategy, and context construction. Finally, we show that one can flexibly improve EvoLLM's performance by providing teacher algorithm information via instruction fine-tuning on previously collected teacher optimization trajectories.
Tokenization Is More Than Compression
Authors: Craig W. Schmidt, Varshini Reddy, Haoran Zhang, Alec Alameddine, Omri Uzan, Yuval Pinter, Chris Tanner
Date: 2024-02-28 00:00:00
Tasks: Data Compression

Tokenization is a foundational step in natural language processing (NLP) tasks, bridging raw text and language models. Existing tokenization approaches like Byte-Pair Encoding (BPE) originate from the field of data compression, and it has been suggested that the effectiveness of BPE stems from its ability to condense text into a relatively small number of tokens. We test the hypothesis that fewer tokens lead to better downstream performance by introducing PathPiece, a new tokenizer that segments a document's text into the minimum number of tokens for a given vocabulary. Through extensive experimentation we find this hypothesis not to be the case, casting doubt on the understanding of the reasons for effective tokenization. To examine which other factors play a role, we evaluate design decisions across all three phases of tokenization: pre-tokenization, vocabulary construction, and segmentation, offering new insights into the design of effective tokenizers. Specifically, we illustrate the importance of pre-tokenization and the benefits of using BPE to initialize vocabulary construction. We train 64 language models with varying tokenization, ranging in size from 350M to 2.4B parameters, all of which are made publicly available.
Objective and Interpretable Breast Cosmesis Evaluation with Attention Guided Denoising Diffusion Anomaly Detection Model
Authors: Sangjoon Park, Yong Bae Kim, Jee Suk Chang, Seo Hee Choi, Hyungjin Chung, Ik Jae Lee, Hwa Kyung Byun
Date: 2024-02-28 00:00:00
Tasks: Anomaly Detection, Denoising, Image Reconstruction, Unsupervised Anomaly Detection

As advancements in the field of breast cancer treatment continue to progress, the assessment of post-surgical cosmetic outcomes has gained increasing significance due to its substantial impact on patients' quality of life. However, evaluating breast cosmesis presents challenges due to the inherently subjective nature of expert labeling. In this study, we present a novel automated approach, Attention-Guided Denoising Diffusion Anomaly Detection (AG-DDAD), designed to assess breast cosmesis following surgery, addressing the limitations of conventional supervised learning and existing anomaly detection models. Our approach leverages the attention mechanism of the distillation with no label (DINO) self-supervised Vision Transformer (ViT) in combination with a diffusion model to achieve high-quality image reconstruction and precise transformation of discriminative regions. By training the diffusion model on unlabeled data predominantly with normal cosmesis, we adopt an unsupervised anomaly detection perspective to automatically score the cosmesis. Real-world data experiments demonstrate the effectiveness of our method, providing visually appealing representations and quantifiable scores for cosmesis evaluation. Compared to commonly used rule-based programs, our fully automated approach eliminates the need for manual annotations and offers objective evaluation. Moreover, our anomaly detection model exhibits state-of-the-art performance, surpassing existing models in accuracy. Going beyond the scope of breast cosmesis, our research represents a significant advancement in unsupervised anomaly detection within the medical domain, thereby paving the way for future investigations.