Building Digital Finance on a New Foundation: New wine in new skins examines the challenges in transaction processing, analysis, and risk management for financial institutions due to financial contract ambiguity, disparate interpretation of terms across counterparties and banks. The authors explain why the status quo is unsustainable, the purpose of the financial industry, the parameters that define financial contracts, and the advantages of adopting the open-source Algorithmic Contract Types Unified Standard (ACTUS) as a viable solution to mitigate risk and increase systemic productivity. They discuss the role of artificial intelligence in probabilistic and deterministic problem spaces. The potential of tokenization is put in context with the concept of smart financial contracts which, by their design, introduce observability, verifiability, and enforceability. The impact of shared ledger technology (distributed ledger technology [DLT]/blockchain) for financial market participants such as financial institutions and regulators is discussed.
This paper investigates developing real-world perception for active agents, proposes Gibson Environment for this purpose, and showcases a set of perceptual tasks learned therein.
F. Xia, Amir Zamir, Zhi-Yang He et al.· 2018 IEEE/CVF Conference on...· 1,069 citations· ⚡112
GAOKAO-Bench is introduced, an intuitive benchmark that employs questions from the Chinese GAOKAO examination as test samples, including both subjective and objective questions that contribute a robust evaluation benchmark for future large language models and offers valuable insights into the advantages and limitations...
Xiaotian Zhang, Chun-yan Li, Yi Zong et al.· arXiv.org· 216 citations· ⚡17
An algorithm is proposed which leverages disentangled semantic factors to generate adversarial perturbation by altering controlled semantic attributes to fool the learner towards various "adversarial" targets.
Haonan Qiu, Chaowei Xiao, Lei Yang et al.· arXiv.org· 208 citations· ⚡17
This work proposes a HALO that directly maximizes the utility of generations instead of maximizing the log-likelihood of preferences, and suggests that the best loss depends on the inductive biases most appropriate for a given setting, an oft-overlooked consideration.
This work investigates the possibilities of using LLMs in a resume screening setting via a document retrieval framework that simulates job candidate selection and finds that the MTEs are biased, significantly favoring White-associated names in 85% of cases and female-associated names in only 11.1% of cases.
This work shows that orders of magnitude enhancement in performance could be obtained by a combination of hardware improvements and tight quantum-HPC integration and introduces high-performance architectures for quantum-probabilistic computing with custom-designed accelerators to tackle today's industry-scale classical...
Masoud Mohseni, Artur Scherer, K. Johnson et al.· arXiv.org· 121 citations· ⚡9
