The whitepaper "The Advance of the Machines – Vision and Implications of a Machine Economy" (so far only available in German) elucidates the opportunities offered by the combination of the Internet of Things, Artificial Intelligence, and Blockchain technology. The convergence of these technologies enables machines to act autonomously in economic processes. The whitepaper analyzes the vision of such a machine economy, explicates its implications for companies, and makes it tangible by means of three use cases.
As of October 1st, 2020, I will take over a new responsibility at the Frankfurt University of Applied Sciences where I will hold the professorship of Information Systems, especially Digital Business & Mobility. After more than seven memorable and fantastic years at the University of Bayreuth, I have decided to stop commuting several hours per week and to work in Frankfurt where I live with my family since several years.
At the same time, I am pleased to remain in the management team of the Project Group Business and Information Systems Engineering of Fraunhofer FIT as well as the FIM Research Center. Together with my team in Bayreuth, I will continue my work in the research fields of strategic IT management, digital transformation, managing AI, and blockchain. Further, I will maintain my close collaboration with the University of Bayreuth in several initiatives and research projects.
Leaving the Faculty of Law, Business and Economics at the University of Bayreuth with its fantastic colleagues was quite a tough decision. Thanks to its president, Stefan Leible, the University of Bayreuth with its increasing focus on entrepreneurship and digitalization topics has developed into a very vibrant and innovative place with fantastic opportunities especially for young researchers. Furthermore, developing the information systems group in Bayreuth together with Torsten Eymann, Max Röglinger and Gilbert Fridgen into one of Germany’s IS hotspots was quite a rewarding journey.
Now, I am very much looking forward to the new challenges and experiences in Frankfurt as well as the continued cooperation with my existing partners!