57.1IRApr 29
LLM-Enhanced Topical Trend Detection at SnapchatHangqi Zhao, Jay Li, Abhiruchi Bhattacharya et al.
Automatic detection of topical trends at scale is both challenging and essential for maintaining a dynamic content ecosystem on social media platforms. In this work, we present a large-scale system for identifying emerging topical trends on Snapchat, one of the world's largest short-video social platforms. Our system integrates multimodal topic extraction, time-series burst detection, and LLM-based consolidation and enrichment to enable accurate and timely trend discovery. To the best of our knowledge, this is the first published end-to-end system for topical trend detection on short-video platforms at production scale. Continuous offline human evaluation over six months demonstrates high precision in identifying meaningful trends. The system has been deployed in production at global scale and applied to downstream surfaces including content ranking and search, driving measurable improvements in content freshness and user experience.
GTJun 11, 2020
Reserve Price Optimization for First Price AuctionsZhe Feng, Sébastien Lahaie, Jon Schneider et al.
The display advertising industry has recently transitioned from second- to first-price auctions as its primary mechanism for ad allocation and pricing. In light of this, publishers need to re-evaluate and optimize their auction parameters, notably reserve prices. In this paper, we propose a gradient-based algorithm to adaptively update and optimize reserve prices based on estimates of bidders' responsiveness to experimental shocks in reserves. Our key innovation is to draw on the inherent structure of the revenue objective in order to reduce the variance of gradient estimates and improve convergence rates in both theory and practice. We show that revenue in a first-price auction can be usefully decomposed into a \emph{demand} component and a \emph{bidding} component, and introduce techniques to reduce the variance of each component. We characterize the bias-variance trade-offs of these techniques and validate the performance of our proposed algorithm through experiments on synthetic data and real display ad auctions data from Google ad exchange.