arXiv Machine Learning By Ziming Dai, Dabiao Ma, Ziheng Guo, Jack Dong, Zimu Zhou

Long Text to Predictive Features: LLM-Guided Blockwise Feature Engineering via Executable Program Search

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The paper introduces LLM-BlockFE, an offline framework that uses large language models to generate executable feature programs from long unstructured text, eliminating the need for LLM calls during real‑time inference. It builds feature programs by adding immutable code blocks, evaluates candidates with a downstream model, and employs a block‑level rollback mechanism with depth‑calibrated credit allocation to avoid suboptimal greedy search. Experiments on public and private datasets show AUC gains of 0.0069 to 0.0358 over the best baseline, and real‑world deployments in financial risk‑control applications report KS improvements of 0.02 to 1.56 percentage points.

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