Hierarchical Reinforced Trader (HRT): A Bi-Level Approach for Optimizing Stock Selection and Execution

Leveraging Deep Reinforcement Learning (DRL) in automated stock trading has shown promising results, yet its application faces significant challenges, including the curse of dimensionality, inertia in trading actions, and insufficient portfolio diversification. Addressing these challenges, we introduce the Hierarchical Reinforced Trader (HRT), a novel trading strategy employing a bi-level Hierarchical Reinforcement Learning framework. The HRT integrates a Proximal Policy Optimization (PPO)-based High-Level Controller (HLC) for strategic stock selection with a Deep Deterministic Policy Gradient (DDPG)-based Low-Level Controller (LLC) tasked with optimizing trade executions to enhance portfolio value. In our empirical analysis, comparing the HRT agent with standalone DRL models and the S&P 500 benchmark during both bullish and bearish market conditions, we achieve a positive and higher Sharpe ratio. This advancement not only underscores the efficacy of incorporating hierarchical structures into DRL strategies but also mitigates the aforementioned challenges, paving the way for designing more profitable and robust trading algorithms in complex markets.

HRLAIF: Improvements in Helpfulness and Harmlessness in Open-domain Reinforcement Learning From AI Feedback

Reinforcement Learning from AI Feedback (RLAIF) has the advantages of shorter annotation cycles and lower costs over Reinforcement Learning from Human Feedback (RLHF), making it highly efficient during the rapid strategy iteration periods of large language model (LLM) training. Using ChatGPT as a labeler to provide feedback on open-domain prompts in RLAIF training, we observe an increase in human evaluators' preference win ratio for model responses, but a decrease in evaluators' satisfaction rate. Analysis suggests that the decrease in satisfaction rate is mainly due to some responses becoming less helpful, particularly in terms of correctness and truthfulness, highlighting practical limitations of basic RLAIF. In this paper, we propose Hybrid Reinforcement Learning from AI Feedback (HRLAIF). This method enhances the accuracy of AI annotations for responses, making the model's helpfulness more robust in training process. Additionally, it employs AI for Red Teaming, further improving the model's harmlessness. Human evaluation results show that HRLAIF inherits the ability of RLAIF to enhance human preference for outcomes at a low cost while also improving the satisfaction rate of responses. Compared to the policy model before Reinforcement Learning (RL), it achieves an increase of 2.08\% in satisfaction rate, effectively addressing the issue of a decrease of 4.58\% in satisfaction rate after basic RLAIF.

KernelGPT: Enhanced Kernel Fuzzing via Large Language Models

Bugs in operating system kernels can affect billions of devices and users all over the world. As a result, a large body of research has been focused on kernel fuzzing, i.e., automatically generating syscall (system call) sequences to detect potential kernel bugs or vulnerabilities. Syzkaller, one of the most widely studied kernel fuzzers, aims to generate valid syscall sequences based on predefined specifications written in syzlang, a domain-specific language for defining syscalls, their arguments, and the relationships between them. While there has been existing work trying to automate Syzkaller specification generation, this still remains largely manual work and a large number of important syscalls are still uncovered. In this paper, we propose KernelGPT, the first approach to automatically inferring Syzkaller specifications via Large Language Models (LLMs) for enhanced kernel fuzzing. Our basic insight is that LLMs have seen massive kernel code, documentation, and use cases during pre-training, and thus can automatically distill the necessary information for making valid syscalls. More specifically, KernelGPT leverages an iterative approach to automatically infer all the necessary specification components, and further leverages the validation feedback to repair/refine the initial specifications. Our preliminary results demonstrate that KernelGPT can help Syzkaller achieve higher coverage and find multiple previously unknown bugs. Moreover, we also received a request from the Syzkaller team to upstream specifications inferred by KernelGPT.