Feature Engineering: Using AI techniques for automated feature extraction and selection in large datasets

Authors

  • Muneer Ahmed Salamkar Senior Associate at JP Morgan Chase, USA Author

Keywords:

Feature Engineering, AI, Feature Selection

Abstract

Feature engineering is a critical step in the data analysis and machine learning pipeline, often determining the success of predictive models. With the advent of artificial intelligence, automated feature extraction and selection have emerged as transformative techniques for handling large datasets. These methods leverage AI-powered algorithms to identify meaningful patterns, relationships, and features that traditional manual approaches might overlook. Techniques such as deep learning-based feature extraction, genetic algorithms for feature selection, and unsupervised methods like clustering enable data scientists to process high-dimensional data efficiently. Automated approaches reduce the time and expertise required for feature engineering while improving model accuracy and generalization. In particular, tools like neural networks can automatically derive abstract features from raw data, while optimization algorithms streamline the selection of the most relevant features, eliminating redundancy and noise. This automation is especially beneficial for large-scale datasets, where manual feature engineering could be more practical. Applications span industries, including finance, healthcare, and e-commerce, where automated feature engineering enables models to uncover hidden insights and drive impactful decisions. However, challenges such as ensuring interpretability, avoiding overfitting, and managing computational costs remain significant considerations. By integrating AI-driven techniques into feature engineering workflows, organizations can achieve greater efficiency, scalability, and accuracy in their data-driven initiatives, unlocking the full potential of their datasets.

Downloads

Download data is not yet available.

References

Nargesian, F., Samulowitz, H., Khurana, U., Khalil, E. B., & Turaga, D. S. (2017, August). Learning Feature Engineering for Classification. In Ijcai (Vol. 17, pp. 2529-2535).

Dong, G., & Liu, H. (Eds.). (2018). Feature engineering for machine learning and data analytics. CRC press.

Horn, F., Pack, R., & Rieger, M. (2020). The autofeat python library for automated feature engineering and selection. In Machine Learning and Knowledge Discovery in Databases: International Workshops of ECML PKDD 2019, Würzburg, Germany, September 16–20, 2019, Proceedings, Part I (pp. 111-120). Springer International Publishing.

Zebari, R., Abdulazeez, A., Zeebaree, D., Zebari, D., & Saeed, J. (2020). A comprehensive review of dimensionality reduction techniques for feature selection and feature extraction. journal of applied science and technology trends, 1(1), 56-70.

Liu, H., & Motoda, H. (Eds.). (1998). Feature extraction, construction and selection: A data mining perspective (Vol. 453). Springer Science & Business Media.

Zheng, A., & Casari, A. (2018). Feature engineering for machine learning: principles and techniques for data scientists. " O'Reilly Media, Inc.".

Mierswa, I., & Morik, K. (2005). Automatic feature extraction for classifying audio data. Machine learning, 58, 127-149.

Khalid, S., Khalil, T., & Nasreen, S. (2014, August). A survey of feature selection and feature extraction techniques in machine learning. In 2014 science and information conference (pp. 372-378). IEEE.

Rostami, M., Berahmand, K., Nasiri, E., & Forouzandeh, S. (2021). Review of swarm intelligence-based feature selection methods. Engineering Applications of Artificial Intelligence, 100, 104210.

Chen, Z., Zhao, P., Li, F., Marquez-Lago, T. T., Leier, A., Revote, J., ... & Song, J. (2020). iLearn: an integrated platform and meta-learner for feature engineering, machine-learning analysis and modeling of DNA, RNA and protein sequence data. Briefings in bioinformatics, 21(3), 1047-1057.

Kasongo, S. M., & Sun, Y. (2019). A deep learning method with filter based feature engineering for wireless intrusion detection system. IEEE access, 7, 38597-38607.

Christ, M., Braun, N., Neuffer, J., & Kempa-Liehr, A. W. (2018). Time series feature extraction on basis of scalable hypothesis tests (tsfresh–a python package). Neurocomputing, 307, 72-77.

Bahnsen, A. C., Aouada, D., Stojanovic, A., & Ottersten, B. (2016). Feature engineering strategies for credit card fraud detection. Expert Systems with Applications, 51, 134-142.

Jenke, R., Peer, A., & Buss, M. (2014). Feature extraction and selection for emotion recognition from EEG. IEEE Transactions on Affective computing, 5(3), 327-339.

Garla, V. N., & Brandt, C. (2012). Ontology-guided feature engineering for clinical text classification. Journal of biomedical informatics, 45(5), 992-998.

Thumburu, S. K. R. (2022). AI-Powered EDI Migration Tools: A Review. Innovative Computer Sciences Journal, 8(1).

Thumburu, S. K. R. (2022). Post-Migration Analysis: Ensuring EDI System Performance. Journal of Innovative Technologies, 5(1).

Gade, K. R. (2022). Cloud-Native Architecture: Security Challenges and Best Practices in Cloud-Native Environments. Journal of Computing and Information Technology, 2(1).

Gade, K. R. (2021). Data-Driven Decision Making in a Complex World. Journal of Computational Innovation, 1(1).

Katari, A., Ankam, M., & Shankar, R. Data Versioning and Time Travel In Delta Lake for Financial Services: Use Cases and Implementation.

Katari, A., & Rallabhandi, R. S. DELTA LAKE IN FINTECH: ENHANCING DATA LAKE RELIABILITY WITH ACID TRANSACTIONS.

Thumburu, S. K. R. (2021). Optimizing Data Transformation in EDI Workflows. Innovative Computer Sciences Journal, 7(1).

Thumburu, S. K. R. (2020). Interfacing Legacy Systems with Modern EDI Solutions: Strategies and Techniques. MZ Computing Journal, 1(1).

Gade, K. R. (2019). Data Migration Strategies for Large-Scale Projects in the Cloud for Fintech. Innovative Computer Sciences Journal, 5(1).

Gade, K. R. (2020). Data Mesh Architecture: A Scalable and Resilient Approach to Data Management. Innovative Computer Sciences Journal, 6(1).

Downloads

Published

25-12-2023

How to Cite

[1]
Muneer Ahmed Salamkar, “Feature Engineering: Using AI techniques for automated feature extraction and selection in large datasets”, J. of Artificial Int. Research and App., vol. 3, no. 2, pp. 1130–1148, Dec. 2023, Accessed: Dec. 23, 2024. [Online]. Available: https://aimlstudies.co.uk/index.php/jaira/article/view/321

Similar Articles

31-40 of 186

You may also start an advanced similarity search for this article.