The paper examines the performance of regression models (OLS linear regression, Ridge regression, Random Forest, and Fully-connected Neural Network) on the prediction of CMA (Conservative Minus Aggressive) factor premium and the performance of factor timing investment with them. Out-of-sample R-squared shows that more flexible models have better performance in explaining the variance in factor premium of the unseen period, and the back testing affirms that the factor timing based on more flexible models tends to over perform the ones with linear models. However, for flexible models like neural networks, the optimal weights based on their prediction tend to be unstable, which can lead to high transaction costs and market impacts. We verify that tilting down the rebalance frequency according to the historical optimal rebalancing scheme can help reduce the transaction costs.

Accurate representation of medical information is crucial for patient safety, yet artificial intelligence (AI) systems, such as Large Language Models (LLMs), encounter challenges in error-free clinical text interpretation. This paper presents a novel approach submitted to the MEDIQA-CORR 2024 shared task (Ben Abacha et al., 2024a), focusing on the automatic correction of single-word errors in clinical notes. Unlike LLMs that rely on extensive generic data, our method emphasizes extracting contextually relevant information from available clinical text data. Leveraging an ensemble of extractive and abstractive question-answering approaches, we construct a supervised learning framework with domain-specific feature engineering. Our methodology incorporates domain expertise to enhance error correction accuracy. By integrating domain expertise and prioritizing meaningful information extraction, our approach underscores the significance of a human-centric strategy in adapting AI for healthcare.

We propose a simple modification to the conventional attention mechanism applied by Transformers: Instead of quantifying pairwise query-key similarity with scaled dot-products, we quantify it with the logarithms of scaled dot-products of exponentials. Our modification linearizes attention with exponential kernel feature maps, whose corresponding feature function is infinite dimensional. We show that our modification is expressible as a composition of log-sums of exponentials, with a latent space of constant size, enabling application with constant time and space complexity per token. We implement our modification, verify that it works in practice, and conclude that it is a promising alternative to conventional attention.

Humans excel at forming mental maps of their surroundings, equipping them to understand object relationships and navigate based on language queries. Our previous work SI Maps [1] showed that having instance-level information and the semantic understanding of an environment helps significantly improve performance for language-guided tasks. We extend this instance-level approach to 3D while increasing the pipeline's robustness and improving quantitative and qualitative results. Our method leverages foundational models for object recognition, image segmentation, and feature extraction. We propose a representation that results in a 3D point cloud map with instance-level embeddings, which bring in the semantic understanding that natural language commands can query. Quantitatively, the work improves upon the success rate of language-guided tasks. At the same time, we qualitatively observe the ability to identify instances more clearly and leverage the foundational models and language and image-aligned embeddings to identify objects that, otherwise, a closed-set approach wouldn't be able to identify.

Predictive uncertainty quantification is crucial for reliable decision-making in various applied domains. Bayesian neural networks offer a powerful framework for this task. However, defining meaningful priors and ensuring computational efficiency remain significant challenges, especially for complex real-world applications. This paper addresses these challenges by proposing a novel neural adaptive empirical Bayes (NA-EB) framework. NA-EB leverages a class of implicit generative priors derived from low-dimensional distributions. This allows for efficient handling of complex data structures and effective capture of underlying relationships in real-world datasets. The proposed NA-EB framework combines variational inference with a gradient ascent algorithm. This enables simultaneous hyperparameter selection and approximation of the posterior distribution, leading to improved computational efficiency. We establish the theoretical foundation of the framework through posterior and classification consistency. We demonstrate the practical applications of our framework through extensive evaluations on a variety of tasks, including the two-spiral problem, regression, 10 UCI datasets, and image classification tasks on both MNIST and CIFAR-10 datasets. The results of our experiments highlight the superiority of our proposed framework over existing methods, such as sparse variational Bayesian and generative models, in terms of prediction accuracy and uncertainty quantification.

Existing pedestrian attribute recognition (PAR) algorithms are mainly developed based on a static image, however, the performance is unreliable in challenging scenarios, such as heavy occlusion, motion blur, etc. In this work, we propose to understand human attributes using video frames that can fully use temporal information by fine-tuning a pre-trained multi-modal foundation model efficiently. Specifically, we formulate the video-based PAR as a vision-language fusion problem and adopt a pre-trained foundation model CLIP to extract the visual features. More importantly, we propose a novel spatiotemporal side-tuning strategy to achieve parameter-efficient optimization of the pre-trained vision foundation model. To better utilize the semantic information, we take the full attribute list that needs to be recognized as another input and transform the attribute words/phrases into the corresponding sentence via split, expand, and prompt operations. Then, the text encoder of CLIP is utilized for embedding processed attribute descriptions. The averaged visual tokens and text tokens are concatenated and fed into a fusion Transformer for multi-modal interactive learning. The enhanced tokens will be fed into a classification head for pedestrian attribute prediction. Extensive experiments on two large-scale video-based PAR datasets fully validated the effectiveness of our proposed framework. The source code of this paper is available at https://github.com/Event-AHU/OpenPAR.

Decentralized machine learning (DL) has been receiving an increasing interest recently due to the elimination of a single point of failure, present in Federated learning setting. Yet, it is threatened by the looming threat of Byzantine clients who intentionally disrupt the learning process by broadcasting arbitrary model updates to other clients, seeking to degrade the performance of the global model. In response, robust aggregation schemes have emerged as promising solutions to defend against such Byzantine clients, thereby enhancing the robustness of Decentralized Learning. Defenses against Byzantine adversaries, however, typically require access to the updates of other clients, a counterproductive privacy trade-off that in turn increases the risk of inference attacks on those same model updates. In this paper, we introduce SecureDL, a novel DL protocol designed to enhance the security and privacy of DL against Byzantine threats. SecureDL~facilitates a collaborative defense, while protecting the privacy of clients' model updates through secure multiparty computation. The protocol employs efficient computation of cosine similarity and normalization of updates to robustly detect and exclude model updates detrimental to model convergence. By using MNIST, Fashion-MNIST, SVHN and CIFAR-10 datasets, we evaluated SecureDL against various Byzantine attacks and compared its effectiveness with four existing defense mechanisms. Our experiments show that SecureDL is effective even in the case of attacks by the malicious majority (e.g., 80% Byzantine clients) while preserving high training accuracy.

This paper investigates the iterates $\hbb^1,\dots,\hbb^T$ obtained from iterative algorithms in high-dimensional linear regression problems, in the regime where the feature dimension $p$ is comparable with the sample size $n$, i.e., $p \asymp n$. The analysis and proposed estimators are applicable to Gradient Descent (GD), proximal GD and their accelerated variants such as Fast Iterative Soft-Thresholding (FISTA). The paper proposes novel estimators for the generalization error of the iterate $\hbb^t$ for any fixed iteration $t$ along the trajectory. These estimators are proved to be $\sqrt n$-consistent under Gaussian designs. Applications to early-stopping are provided: when the generalization error of the iterates is a U-shape function of the iteration $t$, the estimates allow to select from the data an iteration $\hat t$ that achieves the smallest generalization error along the trajectory. Additionally, we provide a technique for developing debiasing corrections and valid confidence intervals for the components of the true coefficient vector from the iterate $\hbb^t$ at any finite iteration $t$. Extensive simulations on synthetic data illustrate the theoretical results.

Bike-sharing systems have emerged as a significant element of urban mobility, providing an environmentally friendly transportation alternative. With the increasing integration of electric bikes alongside mechanical bikes, it is crucial to illuminate distinct usage patterns and their impact on maintenance. Accordingly, this research aims to develop a comprehensive understanding of mobility dynamics, distinguishing between different mobility modes, and introducing a novel predictive maintenance system tailored for bikes. By utilising a combination of trip information and maintenance data from Barcelona's bike-sharing system, Bicing, this study conducts an extensive analysis of mobility patterns and their relationship to failures of bike components. To accurately predict maintenance needs for essential bike parts, this research delves into various mobility metrics and applies statistical and machine learning survival models, including deep learning models. Due to their complexity, and with the objective of bolstering confidence in the system's predictions, interpretability techniques explain the main predictors of maintenance needs. The analysis reveals marked differences in the usage patterns of mechanical bikes and electric bikes, with a growing user preference for the latter despite their extra costs. These differences in mobility were found to have a considerable impact on the maintenance needs within the bike-sharing system. Moreover, the predictive maintenance models proved effective in forecasting these maintenance needs, capable of operating across an entire bike fleet. Despite challenges such as approximated bike usage metrics and data imbalances, the study successfully showcases the feasibility of an accurate predictive maintenance system capable of improving operational costs, bike availability, and security.

Background: Recent advancements in Artificial Intelligence (AI) contributed significantly to suicide assessment, however, our theoretical understanding of this complex behavior is still limited. Objective: This study aimed to harness AI methodologies to uncover hidden risk factors that trigger or aggravate suicide behaviors. Method: The primary dataset included 228,052 Facebook postings by 1,006 users who completed the gold-standard Columbia Suicide Severity Rating Scale. This dataset was analyzed using a bottom-up research pipeline without a-priory hypotheses and its findings were validated using a top-down analysis of a new dataset. This secondary dataset included responses by 1,062 participants to the same suicide scale as well as to well-validated scales measuring depression and boredom. Results: An almost fully automated, AI-guided research pipeline resulted in four Facebook topics that predicted the risk of suicide, of which the strongest predictor was boredom. A comprehensive literature review using APA PsycInfo revealed that boredom is rarely perceived as a unique risk factor of suicide. A complementing top-down path analysis of the secondary dataset uncovered an indirect relationship between boredom and suicide, which was mediated by depression. An equivalent mediated relationship was observed in the primary Facebook dataset as well. However, here, a direct relationship between boredom and suicide risk was also observed. Conclusions: Integrating AI methods allowed the discovery of an under-researched risk factor of suicide. The study signals boredom as a maladaptive 'ingredient' that might trigger suicide behaviors, regardless of depression. Further studies are recommended to direct clinicians' attention to this burdening, and sometimes existential experience.