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Summary of Balancing Efficiency and Effectiveness: An Llm-infused Approach For Optimized Ctr Prediction, by Guoxiao Zhang et al.


Balancing Efficiency and Effectiveness: An LLM-Infused Approach for Optimized CTR Prediction

by Guoxiao Zhang, Yi Wei, Yadong Zhang, Huajian Feng, Qiang Liu

First submitted to arxiv on: 9 Dec 2024

Categories

  • Main: Machine Learning (cs.LG)
  • Secondary: Artificial Intelligence (cs.AI)

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Summary difficulty Written by Summary
High Paper authors High Difficulty Summary
Read the original abstract here
Medium GrooveSquid.com (original content) Medium Difficulty Summary
The proposed framework, Multi-level Deep Semantic Information Infused CTR model via Distillation (MSD), leverages Large Language Models (LLMs) to predict Click-Through Rate (CTR) in online advertising. By capturing deep semantic information at both the user and item levels, MSD models intricate details such as a user’s preference for Häagen-Dazs’ HEAVEN strawberry light ice cream due to its health-conscious and premium attributes. The framework is designed to balance efficiency and effectiveness, achieving high performance while operating with optimal resource utilization. Online A/B tests on Meituan’s sponsored-search system demonstrate that MSD outperforms baseline models in terms of Cost Per Mile (CPM) and CTR.
Low GrooveSquid.com (original content) Low Difficulty Summary
In online advertising, predicting what users will click is crucial. This paper introduces a new approach to help make this prediction more accurate. It uses large language models to understand the meaning behind words like “Häagen-Dazs” and “strawberry light ice cream”. The model is designed to learn from these complex relationships and make predictions that are both effective and efficient. Tests on real-world data show that this approach outperforms other methods, making it a valuable tool for advertisers.

Keywords

» Artificial intelligence  » Distillation