Part I. Introduction and background -- 1. FinTech and Artificial Intelligence for Sustainable Development: The Role of Smart Technologies in Achieving Development Goals -- 2. Exploring the Evolution of Artificial Intelligence and the Fourth Industrial Revolution an Overview -- 3. Financial...

We analyze the relation between digitalization and the market value of US insurance companies. To create a text‐based measure that captures the extent to which insurers digitalize, we apply an unsupervised machine learning algorithm—Latent Dirichlet Allocation—to their annual reports. We...

We decompose the textual data in a daily Norwegian business newspaper into news topics and investigate their predictive and causal role for asset prices. Our three main findings are: (1) a one unit innovation in the news topics predict roughly a 1 percentage point increase in close-to-open...