Cross-sectional strategies are a classical and popular trading style, with recent high performing variants incorporating sophisticated neural architectures. While these strategies have been applied successfully to data-rich settings involving mature assets with long histories, deploying them on instruments with limited samples generally produce over-fitted models with degraded performance. In this paper, we introduce Fused Encoder Networks -- a novel and hybrid parameter-sharing transfer ranking model. The model fuses information extracted using an encoder-attention module operated on a source dataset with a similar but separate module focused on a smaller target dataset of interest. This mitigates the issue of models with poor generalisability that are a consequence of training on scarce target data. Additionally, the self-attention mechanism enables interactions among instruments to be accounted for, not just at the loss level during model training, but also at inference time. Focusing on momentum applied to the top ten cryptocurrencies by market capitalisation as a demonstrative use-case, the Fused Encoder Networks outperforms the reference benchmarks on most performance measures, delivering a three-fold boost in the Sharpe ratio over classical momentum as well as an improvement of approximately 50% against the best benchmark model without transaction costs. It continues outperforming baselines even after accounting for the high transaction costs associated with trading cryptocurrencies.

Feedforward neural networks (FNNs) can be viewed as non-linear regression models, where covariates enter the model through a combination of weighted summations and non-linear functions. Although these models have some similarities to the models typically used in statistical modelling, the majority of neural network research has been conducted outside of the field of statistics. This has resulted in a lack of statistically-based methodology, and, in particular, there has been little emphasis on model parsimony. Determining the input layer structure is analogous to variable selection, while the structure for the hidden layer relates to model complexity. In practice, neural network model selection is often carried out by comparing models using out-of-sample performance. However, in contrast, the construction of an associated likelihood function opens the door to information-criteria-based variable and architecture selection. A novel model selection method, which performs both input- and hidden-node selection, is proposed using the Bayesian information criterion (BIC) for FNNs. The choice of BIC over out-of-sample performance as the model selection objective function leads to an increased probability of recovering the true model, while parsimoniously achieving favourable out-of-sample performance. Simulation studies are used to evaluate and justify the proposed method, and applications on real data are investigated.

Trustworthy artificial intelligence (AI) technology has revolutionized daily life and greatly benefited human society. Among various AI technologies, Federated Learning (FL) stands out as a promising solution for diverse real-world scenarios, ranging from risk evaluation systems in finance to cutting-edge technologies like drug discovery in life sciences. However, challenges around data isolation and privacy threaten the trustworthiness of FL systems. Adversarial attacks against data privacy, learning algorithm stability, and system confidentiality are particularly concerning in the context of distributed training in federated learning. Therefore, it is crucial to develop FL in a trustworthy manner, with a focus on security, robustness, and privacy. In this survey, we propose a comprehensive roadmap for developing trustworthy FL systems and summarize existing efforts from three key aspects: security, robustness, and privacy. We outline the threats that pose vulnerabilities to trustworthy federated learning across different stages of development, including data processing, model training, and deployment. To guide the selection of the most appropriate defense methods, we discuss specific technical solutions for realizing each aspect of Trustworthy FL (TFL). Our approach differs from previous work that primarily discusses TFL from a legal perspective or presents FL from a high-level, non-technical viewpoint.

Trajectory prediction is an important task to support safe and intelligent behaviours in autonomous systems. Many advanced approaches have been proposed over the years with improved spatial and temporal feature extraction. However, human behaviour is naturally multimodal and uncertain: given the past trajectory and surrounding environment information, an agent can have multiple plausible trajectories in the future. To tackle this problem, an essential task named multimodal trajectory prediction (MTP) has recently been studied, which aims to generate a diverse, acceptable and explainable distribution of future predictions for each agent. In this paper, we present the first survey for MTP with our unique taxonomies and comprehensive analysis of frameworks, datasets and evaluation metrics. In addition, we discuss multiple future directions that can help researchers develop novel multimodal trajectory prediction systems.

The arrival of AI creation tools has greatly expanded the opportunities for content creators, but concerns remain about the use of such, and whether the work spat out by these apps and tools can actually, legally be used in your process. The answer, right now, is yes – but we are also seeing some cautionary tales and elements, which could influence your thinking around your adoption of AI creation tools in your process. The trick then is to utilize these newer tools in a more comprehensive content process, as opposed to relying on them as a quick-hitter strategy – and to do that, you need to understand the key best practices and notes, based on evolving adoption and activity. In order to keep you abreast of the latest, here's a quick round-up of some of the key AI creation notes from this week.

Linguistic ambiguity is and has always been one of the main challenges in Natural Language Processing (NLP) systems. Modern Transformer architectures like BERT, T5 or more recently InstructGPT have achieved some impressive improvements in many NLP fields, but there is still plenty of work to do. Motivated by the uproar caused by ChatGPT, in this paper we provide an introduction to linguistic ambiguity, its varieties and their relevance in modern NLP, and perform an extensive empiric analysis. ChatGPT strengths and weaknesses are revealed, as well as strategies to get the most of this model.

Economic issues, such as inflation, energy costs, taxes, and interest rates, are a constant presence in our daily lives and have been exacerbated by global events such as pandemics, environmental disasters, and wars. A sustained history of financial crises reveals significant weaknesses and vulnerabilities in the foundations of modern economies. Another significant issue currently is people quitting their jobs in large numbers. Moreover, many organizations have a diverse workforce comprising multiple generations posing new challenges. Transformative approaches in economics and labour markets are needed to protect our societies, economies, and planet. In this work, we use big data and machine learning methods to discover multi-perspective parameters for multi-generational labour markets. The parameters for the academic perspective are discovered using 35,000 article abstracts from the Web of Science for the period 1958-2022 and for the professionals' perspective using 57,000 LinkedIn posts from 2022. We discover a total of 28 parameters and categorised them into 5 macro-parameters, Learning & Skills, Employment Sectors, Consumer Industries, Learning & Employment Issues, and Generations-specific Issues. A complete machine learning software tool is developed for data-driven parameter discovery. A variety of quantitative and visualisation methods are applied and multiple taxonomies are extracted to explore multi-generational labour markets. A knowledge structure and literature review of multi-generational labour markets using over 100 research articles is provided. It is expected that this work will enhance the theory and practice of AI-based methods for knowledge discovery and system parameter discovery to develop autonomous capabilities and systems and promote novel approaches to labour economics and markets, leading to the development of sustainable societies and economies.

Reinforcement learning (RL) has achieved tremendous success in many complex decision making tasks. When it comes to deploying RL in the real world, safety concerns are usually raised, leading to a growing demand for safe RL algorithms, such as in autonomous driving and robotics scenarios. While safety control has a long history, the study of safe RL algorithms is still in the early stages. To establish a good foundation for future research in this thread, in this paper, we provide a review for safe RL from the perspectives of methods, theory and applications. Firstly, we review the progress of safe RL from five dimensions and come up with five problems that are crucial for safe RL being deployed in real-world applications, coined as "2H3W". Secondly, we analyze the theory and algorithm progress from the perspectives of answering the "2H3W" problems. Then, the sample complexity of safe RL methods is reviewed and discussed, followed by an introduction of the applications and benchmarks of safe RL algorithms. Finally, we open the discussion of the challenging problems in safe RL, hoping to inspire more future research on this thread. To advance the study of safe RL algorithms, we release a benchmark suite, an open-sourced repository containing the implementations of major safe RL algorithms, along with tutorials at the link: https://github.com/chauncygu/Safe-Reinforcement-Learning-Baselines.git.

An automated approach to identifying offenders in Sri Lanka would be better than the current system. Obtaining information from eyewitnesses is one of the less reliable approaches and procedures still in use today. Automated criminal identification has the ability to save lives, notwithstanding Sri Lankan culture's lack of awareness of the issue. Using cutting-edge technology like biometrics to finish this task would be the most accurate strategy. The most notable outcomes will be obtained by applying fingerprint and face recognition as biometric techniques. The main responsibilities will be image optimization and criminality. CCTV footage may be used to identify a person's fingerprint, identify a person's face, and identify crimes involving weapons. Additionally, we unveil a notification system and condense the police report to Additionally, to make it simpler for police officers to understand the essential points of the crime, we develop a notification system and condense the police report. Additionally, if an incident involving a weapon is detected, an automated notice of the crime with all the relevant facts is sent to the closest police station. The summarization of the police report is what makes this the most original. In order to improve the efficacy of the overall image, the system will quickly and precisely identify the full crime scene, identify, and recognize the suspects using their faces and fingerprints, and detect firearms. This study provides a novel approach for crime prediction based on real-world data, and criminality incorporation. A crime or occurrence should be reported to the appropriate agencies, and the suggested web application should be improved further to offer a workable channel of communication.

Despite the widespread use of artificial intelligence (AI), designing user experiences (UX) for AI-powered systems remains challenging. UX designers face hurdles understanding AI technologies, such as pre-trained language models, as design materials. This limits their ability to ideate and make decisions about whether, where, and how to use AI. To address this problem, we bridge the literature on AI design and AI transparency to explore whether and how frameworks for transparent model reporting can support design ideation with pre-trained models. By interviewing 23 UX practitioners, we find that practitioners frequently work with pre-trained models, but lack support for UX-led ideation. Through a scenario-based design task, we identify common goals that designers seek model understanding for and pinpoint their model transparency information needs. Our study highlights the pivotal role that UX designers can play in Responsible AI and calls for supporting their understanding of AI limitations through model transparency and interrogation.