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 Westlake


Text2TimeSeries: Enhancing Financial Forecasting through Time Series Prediction Updates with Event-Driven Insights from Large Language Models

arXiv.org Artificial Intelligence

Time series models, typically trained on numerical data, are designed to forecast future values. These models often rely on weighted averaging techniques over time intervals. However, real-world time series data is seldom isolated and is frequently influenced by non-numeric factors. For instance, stock price fluctuations are impacted by daily random events in the broader world, with each event exerting a unique influence on price signals. Previously, forecasts in financial markets have been approached in two main ways: either as time-series problems over price sequence or sentiment analysis tasks. The sentiment analysis tasks aim to determine whether news events will have a positive or negative impact on stock prices, often categorizing them into discrete labels. Recognizing the need for a more comprehensive approach to accurately model time series prediction, we propose a collaborative modeling framework that incorporates textual information about relevant events for predictions. Specifically, we leverage the intuition of large language models about future changes to update real number time series predictions. We evaluated the effectiveness of our approach on financial market data.


Fox News AI Newsletter: 'Fake' social media influencers grabbing attention

FOX News

Artificial Intelligence-powered influencers are the new social media trend. But there could be negative impacts from the perfect influencers, a humane technologist warns. INFLUENCER TRAP: New social media trend could prompt mental health crises, suicide as users tune into'fake life': tech founder. WORK WORRIES: A new poll reveals what Americans fear about AI taking their jobs. Republican Wisconsin state Rep. David Steffen has proposed restrictions for minors across all social media platforms.


Robot security guard dubbed 'secret agent man' deployed to patrol Ohio sidewalks

FOX News

Richtech Robotics spokesman Timothy Tanksley and Richtech Robotics COO Phil Zheng joined'Fox & Friends Weekend' to show how his company's robot barista can serve coffee on FOX Square. A shopping mall in Ohio is integrating cutting-edge AI technology into its safety team in the form of a 400-pound robot security guard. "He's our secret agent man," Stacie Schmidt, vice president of marketing at Crocker Park told local media of the new security robot. Crocker Park is an open-air shopping mall located in Westlake - a suburban town located about 15 miles outside of Cleveland - which sees nearly 10 million visitors a year and is home to 1,000 residents in luxury apartments. This month, leaders of Crocker Park introduced SAM, a 420-pound, 5'1" autonomous robot that will patrol sidewalks and act as a "watchdog," according to a press release provided to Fox News Digital. "Our priority has always been to provide a safe and secure environment for everyone who visits our center, and the Knightscope robot will play a crucial role in enhancing our existing security measures," Sean Flanigan, vice president of security at Stark Enterprises, which owns Crocker Park. SAM, which was built by California-based robotics company Knightscope, uses 360-degree video streaming and recording video capabilities to monitor areas and alert authorities to any potential issues. The robot can work 24 hours a day, rain or shine. "[SAM's] AI algorithms enable it to detect anomalies and issue alerts to the on-site security team in real-time.


Organizations Take Note: Artificial Intelligence Has Gone Mainstream

#artificialintelligence

Despite teething problems, artificial intelligence (AI) has become mainstream. In fact, it is more than mainstream. That is to say, no matter how enterprises set up their technology infrastructure, it seems unlikely they will remain competitive without AI. Based on a survey of 5,501 businesses globally, the report shows that one-third of companies are currently using AI in some way, while 43% are exploring it. While recent advances are making AI more accessible than ever, the survey found that a lack of AI skills and increasing data complexity are top challenges.


Opinion Algorithms Won't Fix What's Wrong With YouTube

#artificialintelligence

Whether that's the everyday life of improbably rich young millionaires like Jake Paul, a high school dropout from Westlake, Ohio, or PewDiePie, a skinny, fast-talking Swede whose real name is Felix Arvid Ulf Kjellberg, YouTube seeks to serve a need. It does so through "the algorithm" -- YouTube's recommendation engine. It's a black box that YouTube introduced to keep us watching, but which has become a thorn in its side as the platform grows at an astronomically grand scale. YouTube's recommendation algorithm is a set of rules followed by cold, hard computer logic. It was designed by human engineers, but is then programmed into and run automatically by computers, which return recommendations, telling viewers which videos they should watch.