Thoughts on software, domain knowledge and AI

Many processes, architectures and roles were designed for a world in which software was expensive. Introducing AI without questioning those assumptions only automates the old.

In one week, an income-and-expense accounting system with builders for quotes, contracts and invoices came together. The remarkable part is not the AI – it is that it was mostly assembly.

A language model reads parties, deadlines and amounts out of a contract remarkably well. The hard part comes after: a contract is a knowledge model in several layers – individual contract, framework agreement, statute, case law – each with its own rules of precedence. And where the rules end, a human has to weigh.

Coding agents cut the cost of implementation dramatically. What becomes more valuable is what they do not deliver: the right model of the problem.

The AI Act, GDPR and sector rules cost time and money. Banking taught me that in the end they protect reputation and resources – if you design them in from the start.

MidJourney is a great tool for quickly generating wallpapers and website images, saving on costly licensing. Humans are better for specific images.

In the 2019 Austrian National Council election campaign, proposals were made by the former governing parties ÖVP and FPÖ to anchor the use of cash in the constitution. Before taking office, the designated Governor of the OeNB also stated that he considered cash to be indispensable as a means of payment. But what are the common concerns and arguments for and against abolishing cash?

Klosterneuburg, an Austrian city, has a long history. The Babenbergs, who ruled there, rose and fell, but the city remained. Today it is a rich culture and an important religious center. Klosterneuburg: History, rise and fall of the Babenbergs, culture and religious center. An Austrian city with a long history.

The doorman had the task of managing access to a property. He checked who was allowed to enter, granted access according to more or less strict rules and - quite banally - opened the door. Throughout history, the job description of the porter has evolved from doorman to doorman and caretaker to concierge providing additional services.