Law
FinBen: A Holistic Financial Benchmark for Large Language Models
Xie, Qianqian, Han, Weiguang, Chen, Zhengyu, Xiang, Ruoyu, Zhang, Xiao, He, Yueru, Xiao, Mengxi, Li, Dong, Dai, Yongfu, Feng, Duanyu, Xu, Yijing, Kang, Haoqiang, Kuang, Ziyan, Yuan, Chenhan, Yang, Kailai, Luo, Zheheng, Zhang, Tianlin, Liu, Zhiwei, Xiong, Guojun, Deng, Zhiyang, Jiang, Yuechen, Yao, Zhiyuan, Li, Haohang, Yu, Yangyang, Hu, Gang, Huang, Jiajia, Liu, Xiao-Yang, Lopez-Lira, Alejandro, Wang, Benyou, Lai, Yanzhao, Wang, Hao, Peng, Min, Ananiadou, Sophia, Huang, Jimin
LLMs have transformed NLP and shown promise in various fields, yet their potential in finance is underexplored due to a lack of comprehensive evaluation benchmarks, the rapid development of LLMs, and the complexity of financial tasks. In this paper, we introduce FinBen, the first extensive open-source evaluation benchmark, including 36 datasets spanning 24 financial tasks, covering seven critical aspects: information extraction (IE), textual analysis, question answering (QA), text generation, risk management, forecasting, and decision-making. FinBen offers several key innovations: a broader range of tasks and datasets, the first evaluation of stock trading, novel agent and Retrieval-Augmented Generation (RAG) evaluation, and three novel open-source evaluation datasets for text summarization, question answering, and stock trading. Our evaluation of 15 representative LLMs, including GPT-4, ChatGPT, and the latest Gemini, reveals several key findings: While LLMs excel in IE and textual analysis, they struggle with advanced reasoning and complex tasks like text generation and forecasting. GPT-4 excels in IE and stock trading, while Gemini is better at text generation and forecasting. Instruction-tuned LLMs improve textual analysis but offer limited benefits for complex tasks such as QA. FinBen has been used to host the first financial LLMs shared task at the FinNLP-AgentScen workshop during IJCAI-2024, attracting 12 teams. Their novel solutions outperformed GPT-4, showcasing FinBen's potential to drive innovation in financial LLMs.
AutoDSL: Automated domain-specific language design for structural representation of procedures with constraints
Shi, Yu-Zhe, Hou, Haofei, Bi, Zhangqian, Meng, Fanxu, Wei, Xiang, Ruan, Lecheng, Wang, Qining
Accurate representation of procedures in restricted scenarios, such as non-standardized scientific experiments, requires precise depiction of constraints. Unfortunately, Domain-specific Language (DSL), as an effective tool to express constraints structurally, often requires case-by-case hand-crafting, necessitating customized, labor-intensive efforts. To overcome this challenge, we introduce the AutoDSL framework to automate DSL-based constraint design across various domains. Utilizing domain specified experimental protocol corpora, AutoDSL optimizes syntactic constraints and abstracts semantic constraints. Quantitative and qualitative analyses of the DSLs designed by AutoDSL across five distinct domains highlight its potential as an auxiliary module for language models, aiming to improve procedural planning and execution.
Real-time Yemeni Currency Detection
AL-Edreesi, Edrees, Al-Gaphari, Ghaleb
Banknote recognition is a major problem faced by visually Challenged people. So we propose a application to help the visually Challenged people to identify the different types of Yemenian currencies through deep learning technique. As money has a significant role in daily life for any business transactions, real-time detection and recognition of banknotes become necessary for a person, especially blind or visually impaired, or for a system that sorts the data. This paper presents a real-time Yemeni currency detection system for visually impaired persons. The proposed system exploits the deep learning approach to facilitate the visually impaired people to prosperously recognize banknotes. For real-time recognition, we have deployed the system into a mobile application.
COT: A Generative Approach for Hate Speech Counter-Narratives via Contrastive Optimal Transport
Zhang, Linhao, Jin, Li, Xu, Guangluan, Li, Xiaoyu, Sun, Xian
Counter-narratives, which are direct responses consisting of non-aggressive fact-based arguments, have emerged as a highly effective approach to combat the proliferation of hate speech. Previous methodologies have primarily focused on fine-tuning and post-editing techniques to ensure the fluency of generated contents, while overlooking the critical aspects of individualization and relevance concerning the specific hatred targets, such as LGBT groups, immigrants, etc. This research paper introduces a novel framework based on contrastive optimal transport, which effectively addresses the challenges of maintaining target interaction and promoting diversification in generating counter-narratives. Firstly, an Optimal Transport Kernel (OTK) module is leveraged to incorporate hatred target information in the token representations, in which the comparison pairs are extracted between original and transported features. Secondly, a self-contrastive learning module is employed to address the issue of model degeneration. This module achieves this by generating an anisotropic distribution of token representations. Finally, a target-oriented search method is integrated as an improved decoding strategy to explicitly promote domain relevance and diversification in the inference process. This strategy modifies the model's confidence score by considering both token similarity and target relevance. Quantitative and qualitative experiments have been evaluated on two benchmark datasets, which demonstrate that our proposed model significantly outperforms current methods evaluated by metrics from multiple aspects.
CollabStory: Multi-LLM Collaborative Story Generation and Authorship Analysis
Venkatraman, Saranya, Tripto, Nafis Irtiza, Lee, Dongwon
The rise of unifying frameworks that enable seamless interoperability of Large Language Models (LLMs) has made LLM-LLM collaboration for open-ended tasks a possibility. Despite this, there have not been efforts to explore such collaborative writing. We take the next step beyond human-LLM collaboration to explore this multi-LLM scenario by generating the first exclusively LLM-generated collaborative stories dataset called CollabStory. We focus on single-author ($N=1$) to multi-author (up to $N=5$) scenarios, where multiple LLMs co-author stories. We generate over 32k stories using open-source instruction-tuned LLMs. Further, we take inspiration from the PAN tasks that have set the standard for human-human multi-author writing tasks and analysis. We extend their authorship-related tasks for multi-LLM settings and present baselines for LLM-LLM collaboration. We find that current baselines are not able to handle this emerging scenario. Thus, CollabStory is a resource that could help propel an understanding as well as the development of techniques to discern the use of multiple LLMs. This is crucial to study in the context of writing tasks since LLM-LLM collaboration could potentially overwhelm ongoing challenges related to plagiarism detection, credit assignment, maintaining academic integrity in educational settings, and addressing copyright infringement concerns. We make our dataset and code available at \texttt{\url{https://github.com/saranya-venkatraman/multi_llm_story_writing}}.
Synergizing Foundation Models and Federated Learning: A Survey
Li, Shenghui, Ye, Fanghua, Fang, Meng, Zhao, Jiaxu, Chan, Yun-Hin, Ngai, Edith C. -H., Voigt, Thiemo
The recent development of Foundation Models (FMs), represented by large language models, vision transformers, and multimodal models, has been making a significant impact on both academia and industry. Compared with small-scale models, FMs have a much stronger demand for high-volume data during the pre-training phase. Although general FMs can be pre-trained on data collected from open sources such as the Internet, domain-specific FMs need proprietary data, posing a practical challenge regarding the amount of data available due to privacy concerns. Federated Learning (FL) is a collaborative learning paradigm that breaks the barrier of data availability from different participants. Therefore, it provides a promising solution to customize and adapt FMs to a wide range of domain-specific tasks using distributed datasets whilst preserving privacy. This survey paper discusses the potentials and challenges of synergizing FL and FMs and summarizes core techniques, future directions, and applications. A periodically updated paper collection on FM-FL is available at https://github.com/lishenghui/awesome-fm-fl.
SHIELD: Evaluation and Defense Strategies for Copyright Compliance in LLM Text Generation
Liu, Xiaoze, Sun, Ting, Xu, Tianyang, Wu, Feijie, Wang, Cunxiang, Wang, Xiaoqian, Gao, Jing
Large Language Models (LLMs) have transformed machine learning but raised significant legal concerns due to their potential to produce text that infringes on copyrights, resulting in several high-profile lawsuits. The legal landscape is struggling to keep pace with these rapid advancements, with ongoing debates about whether generated text might plagiarize copyrighted materials. Current LLMs may infringe on copyrights or overly restrict non-copyrighted texts, leading to these challenges: (i) the need for a comprehensive evaluation benchmark to assess copyright compliance from multiple aspects; (ii) evaluating robustness against safeguard bypassing attacks; and (iii) developing effective defenses targeted against the generation of copyrighted text. To tackle these challenges, we introduce a curated dataset to evaluate methods, test attack strategies, and propose lightweight, real-time defenses to prevent the generation of copyrighted text, ensuring the safe and lawful use of LLMs. Our experiments demonstrate that current LLMs frequently output copyrighted text, and that jailbreaking attacks can significantly increase the volume of copyrighted output. Our proposed defense mechanisms significantly reduce the volume of copyrighted text generated by LLMs by effectively refusing malicious requests. Code is publicly available at https://github.com/xz-liu/SHIELD
Lazy Data Practices Harm Fairness Research
Simson, Jan, Fabris, Alessandro, Kern, Christoph
Data practices shape research and practice on fairness in machine learning (fair ML). Critical data studies offer important reflections and critiques for the responsible advancement of the field by highlighting shortcomings and proposing recommendations for improvement. In this work, we present a comprehensive analysis of fair ML datasets, demonstrating how unreflective yet common practices hinder the reach and reliability of algorithmic fairness findings. We systematically study protected information encoded in tabular datasets and their usage in 280 experiments across 142 publications. Our analyses identify three main areas of concern: (1) a \textbf{lack of representation for certain protected attributes} in both data and evaluations; (2) the widespread \textbf{exclusion of minorities} during data preprocessing; and (3) \textbf{opaque data processing} threatening the generalization of fairness research. By conducting exemplary analyses on the utilization of prominent datasets, we demonstrate how unreflective data decisions disproportionately affect minority groups, fairness metrics, and resultant model comparisons. Additionally, we identify supplementary factors such as limitations in publicly available data, privacy considerations, and a general lack of awareness, which exacerbate these challenges. To address these issues, we propose a set of recommendations for data usage in fairness research centered on transparency and responsible inclusion. This study underscores the need for a critical reevaluation of data practices in fair ML and offers directions to improve both the sourcing and usage of datasets.
$S^3$ -- Semantic Signal Separation
Kardos, Márton, Kostkan, Jan, Vermillet, Arnault-Quentin, Nielbo, Kristoffer, Enevoldsen, Kenneth, Rocca, Roberta
Topic models are useful tools for discovering latent semantic structures in large textual corpora. Topic modeling historically relied on bag-of-words representations of language. This approach makes models sensitive to the presence of stop words and noise, and does not utilize potentially useful contextual information. Recent efforts have been oriented at incorporating contextual neural representations in topic modeling and have been shown to outperform classical topic models. These approaches are, however, typically slow, volatile and still require preprocessing for optimal results. We present Semantic Signal Separation ($S^3$), a theory-driven topic modeling approach in neural embedding spaces. $S^3$ conceptualizes topics as independent axes of semantic space, and uncovers these with blind-source separation. Our approach provides the most diverse, highly coherent topics, requires no preprocessing, and is demonstrated to be the fastest contextually sensitive topic model to date. We offer an implementation of $S^3$, among other approaches, in the Turftopic Python package.
AIM: Attributing, Interpreting, Mitigating Data Unfairness
Liu, Zhining, Qiu, Ruizhong, Zeng, Zhichen, Zhu, Yada, Hamann, Hendrik, Tong, Hanghang
Data collected in the real world often encapsulates historical discrimination against disadvantaged groups and individuals. Existing fair machine learning (FairML) research has predominantly focused on mitigating discriminative bias in the model prediction, with far less effort dedicated towards exploring how to trace biases present in the data, despite its importance for the transparency and interpretability of FairML. To fill this gap, we investigate a novel research problem: discovering samples that reflect biases/prejudices from the training data. Grounding on the existing fairness notions, we lay out a sample bias criterion and propose practical algorithms for measuring and countering sample bias. The derived bias score provides intuitive sample-level attribution and explanation of historical bias in data. On this basis, we further design two FairML strategies via sample-bias-informed minimal data editing. They can mitigate both group and individual unfairness at the cost of minimal or zero predictive utility loss. Extensive experiments and analyses on multiple real-world datasets demonstrate the effectiveness of our methods in explaining and mitigating unfairness. Code is available at https://github.com/ZhiningLiu1998/AIM.