=Paper= {{Paper |id=Vol-3254/paper399 |storemode=property |title=Knowledge-Based News Event Analysis Toolkit |pdfUrl=https://ceur-ws.org/Vol-3254/paper399.pdf |volume=Vol-3254 |authors=Oktie Hassanzadeh,Parul Awasthy,Ken Barker,Onkar Bhardwaj,Debarun Bhattacharjya,Mark Feblowitz,Aamod Khatiwada,Lee Martie,Steve Fonin Mbouadeu,Jian Ni,Anik Saha,Sola Shirai,Kavitha Srinivas,Lucy Yip |dblpUrl=https://dblp.org/rec/conf/semweb/HassanzadehA0BB22 }} ==Knowledge-Based News Event Analysis Toolkit== https://ceur-ws.org/Vol-3254/paper399.pdf
Knowledge-Based News Event Analysis Toolkit
Oktie Hassanzadeh1 , Parul Awasthy1 , Ken Barker1 , Onkar Bhardwaj1 ,
Debarun Bhattacharjya1 , Mark Feblowitz1 , Aamod Khatiwada1,3,† , Lee Martie1 ,
Steve Fonin Mbouadeu1,4,† , Jian Ni1 , Anik Saha1,2,† , Sola Shirai1,2,† , Kavitha Srinivas1
and Lucy Yip1
1
  IBM Research, Yorktown Heights, NY, USA
2
  Rensselaer Polytechnic Institute, Troy, NY, United States
3
  Khoury College of Computer Sciences, Northeastern University, Boston, MA, USA
4
  St. John’s University, NY, USA


                                         Abstract
                                         We present an overview of our knowledge-based news event analysis toolkit. The toolkit is powered by
                                         a knowledge graph (KG) of event-related concepts and relations curated from Wikidata and enriched
                                         through knowledge extraction from text as well as a variety of link prediction methods. We describe each
                                         of the functions the toolkit provides and an overview of its various components. We present use cases in
                                         enterprise risk management, scenario planning, and media intelligence. We also discuss a number of
                                         lessons learned and directions for future research.


   Businesses – large and small – can benefit tremendously from monitoring ongoing global
and local newsworthy events and analyzing how recent events could impact their businesses.
One mechanism of analysis is curating a rich knowledge graph (KG) of past events and their
consequences, such that ongoing events can be mapped to past similar events in the KG, and
one can reason about what caused them and what can happen as a result. As a simple example,
back in January 8 2020, when news stories started reporting on the announcement that the
World Health Organization (WHO) made on a new virus that has caused a pneumonia outbreak
in Wuhan, China, one could immediately identify past similar news events, which include
WHO’s announcement in March 2003 that marked the onset of the 2002–2004 SARS outbreak.
A business involved in tourism or oil & gas industries can then immediately start taking actions
to prepare for the potential impact of a major disease outbreak on their businesses.
   In this talk, we present an overview of a toolkit that enables building knowledge-based news
event analysis solutions. Our goal in developing this toolkit is twofold: 1) providing news event
analysis functions based on a rich curated knowledge base from publicly available sources 2)
providing knowledge extraction functions used to curate our knowledge base such that users
The 21st International Semantic Web Conference (ISWC2022), October 23-27, 2022
†
 Work done while at IBM Research.
$ hassanzadeh@us.ibm.com (O. Hassanzadeh); awasthyp@us.ibm.com (P. Awasthy); kjbarker@us.ibm.com
(K. Barker); onkarbhardwaj@ibm.com (O. Bhardwaj); debarunb@us.ibm.com (D. Bhattacharjya); mfeb@us.ibm.com
(M. Feblowitz); khatiwada.a@northeastern.edu (A. Khatiwada); Lee.Martie@ibm.com (L. Martie);
steve.mbouadeu19@my.stjohns.edu (S. F. Mbouadeu); nij@us.ibm.com (J. Ni); sahaa@rpi.edu (A. Saha);
shiras2@rpi.edu (S. Shirai); kavitha.srinivas@ibm.com (K. Srinivas); Lucy.Yip@ibm.com (L. Yip)
 0000-0001-5307-9857 (O. Hassanzadeh); 0000-0003-0899-8904 (K. Barker); 0000-0001-5720-1207 (A. Khatiwada);
0000-0002-9137-407X (S. F. Mbouadeu); 0000-0001-6913-3598 (S. Shirai)
                                       © 2022 Copyright for this paper by its authors. Use permitted under Creative Commons License Attribution 4.0 International (CC BY 4.0).
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                  http://ceur-ws.org
                  ISSN 1613-0073
                                       CEUR Workshop Proceedings (CEUR-WS.org)
                                 Neural Language                     Structured Sources                         Textual Sources of
                                     Models                            of Knowledge                             Causal Knowledge
                                                                                                                                             SEC



                      Event Identification
                                                                                          Causal Knowledge Extraction

                                                             Neural Question                  Pattern Matching +          Neural Relation
    Third-Party       Neural Concept
                                                            Answering Models                  Neural NLI Models          Extraction Models
   News Providers        Linking

                                                      Knowledge Graph of Events & Consequences                 Event Sequences Analysis

                                                                e1                 e2
                         Zero-Shot                          …                                         Event Sequence           Event Sequence
                                                                                          …
                       Text Classifier                                                                   Models                  Extraction
                                                                                  Examples




                                                                       …


                                                                              …
                                             Event Analysis & Forecasting APIs
                                                                                                                                             Profile
     News Retrieval   Event Identification          Causal Analysis & Forecasting              Causal Knowledge Extraction




Figure 1: Toolkit Components and APIs


can augment the included knowledge base or curate a custom knowledge base for their domain
of interest. Figure 1 presents the current architecture of our toolkit [1]. We outline several
challenges we faced in applying state-of-the-art concept linking, knowledge extraction, and link
prediction techniques to build our toolkit, provide a summary of lessons learned, and present a
number of research challenges that need to be addressed. In particular:
    • We outline the use of Wikidata as a primary source of knowledge, report on the challenges
      we faced with respect to the current coverage of event-related concepts in Wikidata, and
      how the existing knowledge in Wikidata can be enriched through automated knowledge
      extraction over Wikipedia articles. Our primary focus has been on weakly supervised
      and supervised neural models for causal relation extraction.
    • We describe our solution for mapping news headlines to concepts in our KG, and report
      on challenges in applying existing concept linking methods to this problem.
    • We report on the performance of several rule-based and knowledge graph embeddings
      based approaches for link prediction to enrich our KG. We also report on the challenges
      we faced in applying existing techniques for reasoning about potential consequences of a
      new event as a novel mechanism for event forecasting.
    • We also report on our preliminary results on automatically extracting structured event
      sequences from textual corpora and applying event sequence models as a mechanism of
      learning complex relations between event types in our KG.


References
[1] O. Hassanzadeh, P. Awasthy, K. Barker, O. Bhardwaj, D. Bhattacharjya, M. Feblowitz,
    L. Martie, J. Ni, K. Srinivas, L. Yip, Knowledge-based news event analysis & forecasting
    toolkit, in: IJCAI (Demonstration Track), 2022.