Information about the Blog

The content of this blog is subject to the dynamic nature of the online world; therefore, no guarantee can be made regarding its completeness or timeliness. This also applies to links to external websites. The blog analyzes technological, economic, and social developments to foster a deeper understanding of the changes and innovations driven by digitalization.

AI in Decision-Making Processes

At the 15th Austrian IT and Consulting Day 2017, the future topic of Artificial Intelligence was in the spotlight. In cooperation with three companies, an interactive workshop was created in Vienna’s Hofburg, based on a study that remains relevant today. Driven by technological developments such as Large Language Models (LLM) and Generative AI, the key questions of the study can now be re-evaluated.

What role do data play in corporate decision-making?

Data were already in 2017—and remain today—a central foundation for well-informed decisions. They make it possible to identify complex interconnections, develop viable strategies, and detect potential risks early. With the advancement of AI technologies, data-driven analyses are more accessible than ever before. At the same time, the responsibility to use these possibilities thoughtfully is growing. What matters is not only the technical use, but also the ability to interpret data correctly. This also includes critical reflection on potential biases.
#datacompetence

How do morality and ethics influence automated decisions?

Morality and ethics play a central role in ensuring that automated processes are fair, transparent, and responsible. They serve as a corrective to discrimination, algorithmic bias, and unintended societal consequences of AI systems. Already in 2017, leading research institutions, especially in the USA such as MIT, were aware that AI-driven decision-making without an ethical framework could lead to moral dilemmas. A good example are autonomous driving systems, whose decisions in critical situations may determine matters of life and death.
#dataethics

What role does sociocracy play in the decision-making process?

Sociocracy promotes equal participation, clear roles, and transparent decisions. It strengthens trust, accelerates processes, and combines humanity with efficiency. From a sociocratic perspective, AI is not a substitute for human judgment but a tool for collective decision-making. Ideally, a new balance emerges in which technology does not take control but supports us through fair and objective decision-making processes. Participation remains a central value—even in an automated world.
#datacontrol

Deciding with AI – An Opportunity for Solo Entrepreneurs in 2025?

The use of Artificial Intelligence has changed significantly since 2017. With intuitive tools and cloud-based solutions, companies of all sizes can now benefit from AI. They help automate accounting, target customers more effectively, and make data-driven decisions. New opportunities are opening up for businesses of every scale. The study results are available at the following link: The A to Z of the Future: Deciding through AI?

I’d be happy to support you in setting your AI initiative on the right course.