Generative AI
Quantifying A Firm's AI Engagement: Constructing Objective, Data-Driven, AI Stock Indices Using 10-K Filings
Following an analysis of existing AI-related exchange-traded funds (ETFs), we reveal the selection criteria for determining which stocks qualify as AI-related are often opaque and rely on vague phrases and subjective judgments. This paper proposes a new, objective, data-driven approach using natural language processing (NLP) techniques to classify AI stocks by analyzing annual 10-K filings from 3,395 NASDAQ-listed firms between 2011 and 2023. This analysis quantifies each company's engagement with AI through binary indicators and weighted AI scores based on the frequency and context of AI-related terms. Using these metrics, we construct four AI stock indices-the Equally Weighted AI Index (AII), the Size-Weighted AI Index (SAII), and two Time-Discounted AI Indices (TAII05 and TAII5X)-offering different perspectives on AI investment. We validate our methodology through an event study on the launch of OpenAI's ChatGPT, demonstrating that companies with higher AI engagement saw significantly greater positive abnormal returns, with analyses supporting the predictive power of our AI measures. Our indices perform on par with or surpass 14 existing AI-themed ETFs and the Nasdaq Composite Index in risk-return profiles, market responsiveness, and overall performance, achieving higher average daily returns and risk-adjusted metrics without increased volatility. These results suggest our NLP-based approach offers a reliable, market-responsive, and cost-effective alternative to existing AI-related ETF products. Our innovative methodology can also guide investors, asset managers, and policymakers in using corporate data to construct other thematic portfolios, contributing to a more transparent, data-driven, and competitive approach.
Inversely Learning Transferable Rewards via Abstracted States
Inverse reinforcement learning (IRL) has progressed significantly toward accurately learning the underlying rewards in both discrete and continuous domains from behavior data. The next advance is to learn {\em intrinsic} preferences in ways that produce useful behavior in settings or tasks which are different but aligned with the observed ones. In the context of robotic applications, this helps integrate robots into processing lines involving new tasks (with shared intrinsic preferences) without programming from scratch. We introduce a method to inversely learn an abstract reward function from behavior trajectories in two or more differing instances of a domain. The abstract reward function is then used to learn task behavior in another separate instance of the domain. This step offers evidence of its transferability and validates its correctness. We evaluate the method on trajectories in tasks from multiple domains in OpenAI's Gym testbed and AssistiveGym and show that the learned abstract reward functions can successfully learn task behaviors in instances of the respective domains, which have not been seen previously.
Data Augmentation for Sparse Multidimensional Learning Performance Data Using Generative AI
Zhang, Liang, Lin, Jionghao, Sabatini, John, Borchers, Conrad, Weitekamp, Daniel, Cao, Meng, Hollander, John, Hu, Xiangen, Graesser, Arthur C.
Learning performance data describe correct and incorrect answers or problem-solving attempts in adaptive learning, such as in intelligent tutoring systems (ITSs). Learning performance data tend to be highly sparse (80\%\(\sim\)90\% missing observations) in most real-world applications due to adaptive item selection. This data sparsity presents challenges to using learner models to effectively predict future performance explore new hypotheses about learning. This article proposes a systematic framework for augmenting learner data to address data sparsity in learning performance data. First, learning performance is represented as a three-dimensional tensor of learners' questions, answers, and attempts, capturing longitudinal knowledge states during learning. Second, a tensor factorization method is used to impute missing values in sparse tensors of collected learner data, thereby grounding the imputation on knowledge tracing tasks that predict missing performance values based on real observations. Third, a module for generating patterns of learning is used. This study contrasts two forms of generative Artificial Intelligence (AI), including Generative Adversarial Networks (GANs) and Generate Pre-Trained Transformers (GPT) to generate data associated with different clusters of learner data. We tested this approach on an adult literacy dataset from AutoTutor lessons developed for Adult Reading Comprehension (ARC). We found that: (1) tensor factorization improved the performance in tracing and predicting knowledge mastery compared with other knowledge tracing techniques without data augmentation, showing higher relative fidelity for this imputation method, and (2) the GAN-based simulation showed greater overall stability and less statistical bias based on a divergence evaluation with varying simulation sample sizes compared to GPT.
The Use of Generative Artificial Intelligence for Upper Secondary Mathematics Education Through the Lens of Technology Acceptance
Setรคlรค, Mika, Heilala, Ville, Sikstrรถm, Pieta, Kรคrkkรคinen, Tommi
This study investigated the students' perceptions of using Generative Artificial Intelligence (GenAI) in upper-secondary mathematics education. Data was collected from Finnish high school students to represent how key constructs of the Technology Acceptance Model (Perceived Usefulness, Perceived Ease of Use, Perceived Enjoyment, and Intention to Use) influence the adoption of AI tools. First, a structural equation model for a comparative study with a prior study was constructed and analyzed. Then, an extended model with the additional construct of Compatibility, which represents the alignment of AI tools with students' educational experiences and needs, was proposed and analyzed. The results demonstrated a strong influence of perceived usefulness on the intention to use GenAI, emphasizing the statistically significant role of perceived enjoyment in determining perceived usefulness and ease of use. The inclusion of compatibility improved the model's explanatory power, particularly in predicting perceived usefulness. This study contributes to a deeper understanding of how AI tools can be integrated into mathematics education and highlights key differences between the Finnish educational context and previous studies based on structural equation modeling.
CySecBench: Generative AI-based CyberSecurity-focused Prompt Dataset for Benchmarking Large Language Models
Wahrรฉus, Johan, Hussain, Ahmed Mohamed, Papadimitratos, Panos
Numerous studies have investigated methods for jailbreaking Large Language Models (LLMs) to generate harmful content. Typically, these methods are evaluated using datasets of malicious prompts designed to bypass security policies established by LLM providers. However, the generally broad scope and open-ended nature of existing datasets can complicate the assessment of jailbreaking effectiveness, particularly in specific domains, notably cybersecurity. To address this issue, we present and publicly release CySecBench, a comprehensive dataset containing 12662 prompts specifically designed to evaluate jailbreaking techniques in the cybersecurity domain. The dataset is organized into 10 distinct attack-type categories, featuring close-ended prompts to enable a more consistent and accurate assessment of jailbreaking attempts. Furthermore, we detail our methodology for dataset generation and filtration, which can be adapted to create similar datasets in other domains. To demonstrate the utility of CySecBench, we propose and evaluate a jailbreaking approach based on prompt obfuscation. Our experimental results show that this method successfully elicits harmful content from commercial black-box LLMs, achieving Success Rates (SRs) of 65% with ChatGPT and 88% with Gemini; in contrast, Claude demonstrated greater resilience with a jailbreaking SR of 17%. Compared to existing benchmark approaches, our method shows superior performance, highlighting the value of domain-specific evaluation datasets for assessing LLM security measures. Moreover, when evaluated using prompts from a widely used dataset (i.e., AdvBench), it achieved an SR of 78.5%, higher than the state-of-the-art methods.
Digital Guardians: Can GPT-4, Perspective API, and Moderation API reliably detect hate speech in reader comments of German online newspapers?
Weber, Manuel, Huber, Moritz, Auch, Maximilian, Dรถschl, Alexander, Keller, Max-Emanuel, Mandl, Peter
In recent years, toxic content and hate speech have become widespread phenomena on the internet. Moderators of online newspapers and forums are now required, partly due to legal regulations, to carefully review and, if necessary, delete reader comments. This is a labor-intensive process. Some providers of large language models already offer solutions for automated hate speech detection or the identification of toxic content. These include GPT-4o from OpenAI, Jigsaw's (Google) Perspective API, and OpenAI's Moderation API. Based on the selected German test dataset HOCON34k, which was specifically created for developing tools to detect hate speech in reader comments of online newspapers, these solutions are compared with each other and against the HOCON34k baseline. The test dataset contains 1,592 annotated text samples. For GPT-4o, three different promptings are used, employing a Zero-Shot, One-Shot, and Few-Shot approach. The results of the experiments demonstrate that GPT-4o outperforms both the Perspective API and the Moderation API, and exceeds the HOCON34k baseline by approximately 5 percentage points, as measured by a combined metric of MCC and F2-score.
Deep Discrete Encoders: Identifiable Deep Generative Models for Rich Data with Discrete Latent Layers
In the era of generative AI, deep generative models (DGMs) with latent representations have gained tremendous popularity. Despite their impressive empirical performance, the statistical properties of these models remain underexplored. DGMs are often overparametrized, non-identifiable, and uninterpretable black boxes, raising serious concerns when deploying them in high-stakes applications. Motivated by this, we propose an interpretable deep generative modeling framework for rich data types with discrete latent layers, called Deep Discrete Encoders (DDEs). A DDE is a directed graphical model with multiple binary latent layers. Theoretically, we propose transparent identifiability conditions for DDEs, which imply progressively smaller sizes of the latent layers as they go deeper. Identifiability ensures consistent parameter estimation and inspires an interpretable design of the deep architecture. Computationally, we propose a scalable estimation pipeline of a layerwise nonlinear spectral initialization followed by a penalized stochastic approximation EM algorithm. This procedure can efficiently estimate models with exponentially many latent components. Extensive simulation studies validate our theoretical results and demonstrate the proposed algorithms' excellent performance. We apply DDEs to three diverse real datasets for hierarchical topic modeling, image representation learning, response time modeling in educational testing, and obtain interpretable findings.
Toward Inclusive Educational AI: Auditing Frontier LLMs through a Multiplexity Lens
Mushtaq, Abdullah, Naeem, Muhammad Rafay, Taj, Muhammad Imran, Ghaznavi, Ibrahim, Qadir, Junaid
As large language models (LLMs) like GPT-4 and Llama 3 become integral to educational contexts, concerns are mounting over the cultural biases, power imbalances, and ethical limitations embedded within these technologies. Though generative AI tools aim to enhance learning experiences, they often reflect values rooted in Western, Educated, Industrialized, Rich, and Democratic (WEIRD) cultural paradigms, potentially sidelining diverse global perspectives. This paper proposes a framework to assess and mitigate cultural bias within LLMs through the lens of applied multiplexity. Multiplexity, inspired by Senturk et al. and rooted in Islamic and other wisdom traditions, emphasizes the coexistence of diverse cultural viewpoints, supporting a multi-layered epistemology that integrates both empirical sciences and normative values. Our analysis reveals that LLMs frequently exhibit cultural polarization, with biases appearing in both overt responses and subtle contextual cues. To address inherent biases and incorporate multiplexity in LLMs, we propose two strategies: \textit{Contextually-Implemented Multiplex LLMs}, which embed multiplex principles directly into the system prompt, influencing LLM outputs at a foundational level and independent of individual prompts, and \textit{Multi-Agent System (MAS)-Implemented Multiplex LLMs}, where multiple LLM agents, each representing distinct cultural viewpoints, collaboratively generate a balanced, synthesized response. Our findings demonstrate that as mitigation strategies evolve from contextual prompting to MAS-implementation, cultural inclusivity markedly improves, evidenced by a significant rise in the Perspectives Distribution Score (PDS) and a PDS Entropy increase from 3.25\% at baseline to 98\% with the MAS-Implemented Multiplex LLMs. Sentiment analysis further shows a shift towards positive sentiment across cultures,...
A Novel Diffusion Model for Pairwise Geoscience Data Generation with Unbalanced Training Dataset
Yang, Junhuan, Zhang, Yuzhou, Sheng, Yi, Lin, Youzuo, Yang, Lei
Recently, the advent of generative AI technologies has made transformational impacts on our daily lives, yet its application in scientific applications remains in its early stages. Data scarcity is a major, well-known barrier in data-driven scientific computing, so physics-guided generative AI holds significant promise. In scientific computing, most tasks study the conversion of multiple data modalities to describe physical phenomena, for example, spatial and waveform in seismic imaging, time and frequency in signal processing, and temporal and spectral in climate modeling; as such, multi-modal pairwise data generation is highly required instead of single-modal data generation, which is usually used in natural images (e.g., faces, scenery). Moreover, in real-world applications, the unbalance of available data in terms of modalities commonly exists; for example, the spatial data (i.e., velocity maps) in seismic imaging can be easily simulated, but real-world seismic waveform is largely lacking. While the most recent efforts enable the powerful diffusion model to generate multi-modal data, how to leverage the unbalanced available data is still unclear. In this work, we use seismic imaging in subsurface geophysics as a vehicle to present ``UB-Diff'', a novel diffusion model for multi-modal paired scientific data generation. One major innovation is a one-in-two-out encoder-decoder network structure, which can ensure pairwise data is obtained from a co-latent representation. Then, the co-latent representation will be used by the diffusion process for pairwise data generation. Experimental results on the OpenFWI dataset show that UB-Diff significantly outperforms existing techniques in terms of Fr\'{e}chet Inception Distance (FID) score and pairwise evaluation, indicating the generation of reliable and useful multi-modal pairwise data.
The AI Hype Index: Robot pets, simulated humans, and Apple's AI text summaries
That's why we've created the AI Hype Index--a simple, at-a-glance summary of everything you need to know about the state of the industry. More than 70 countries went to the polls in 2024. The good news is that this year of global elections turned out to be largely free from any major deepfake campaigns or AI manipulation. Instead we saw lots of AI slop: buff Trump, Elon as ultra-Chad, California as catastrophic wasteland. While some worry that development of large language models is slowing down, you wouldn't know it from the steady drumbeat of new products, features, and services rolling out from itty-bitty startups and massive incumbents alike.