In this work, we apply cutting edge machine learning algorithms to one of the oldest challenges in finance: Predicting returns. For the sake of simplicity, we focus on predicting the direction (e.g. either up or down) of several liquid ETFs and do not attempt to predict the magnitude of price...

Investors increasingly can obtain assistance from "robo-advisors," artificial intelligence - enabled digitalized service agents imbued with anthropomorphic design elements that can communicate using natural language. The present article considers the impact of anthropomorphized robo-advisors on...

This book helps decision makers grasp the importance, and applicability to business, of the new technologies and extended connectivity of systems that underlie what is becoming known as the Fourth Industrial Revolution: technologies and systems such as artificial intelligence, machine learning,...

Digitale Maschinen wie selbstfahrende Autos, Drohnen oder 3D-Drucker sind jetzt schon schlauer, besser und schneller, als man es je für möglich gehalten hätte. Onlineplattformen ändern das Verhältnis von Angebot und Nachfrage und bringen neue Marktführer hervor - in der Musikindustrie,...

The adoption of a Global Digital Compact (GDC) as one of the outcomes of the Summit of the Future opens up the opportunity to address in a systematic manner issues that are of critical importance for the digital global governance. It also poses a challenge to developing countries, as most of...