This book shows how the grand aspiration of creating a Technology for Humanity can be practically achieved. Value-based Engineering shows how to embed value dispositions into technology design, guiding the reader in a clear and concise way from the exploration of value principles to system requirements. In so doing, it supports the creation of a value-based business mission, seeking to foster organizational purpose and human wellbeing with a given technology. Built on the know-how of dozens of experts from around the world involved in the IEEE "P7000" standardization project, Value-based Engineering is now endorsed in ISO/IEC/IEEE 24748-7000, getting the best out of 21st century technology while avoiding many tech-induced social dilemmas.

In times of powerful AI systems, such as GPT, Value-based Engineering is deeply needed. It is a new transdisciplinary IT innovation- and engineering approach respecting human values and societal consequences of IT systems as these are planned and in early evolution stages. The book tells the story of why we need technology for humanity more than ever before and what principles we should follow in building it. More concretely, it is a guide on how exactly companies should pursue their innovation efforts with an epilogue on how this is different from aspiring science fiction. The Value-based Engineering approach outlined in this book with concrete case-studies, forms and over 90 illustrations was developed and revised by over 100 experts from around the world engaged in a project called IEEE P7000^TM". IEEE P7000 led to the ISO/IEEE 24748 -7000 standard published in late 2022 containing the first model process for addressing ethical concerns during system design. This book's content embraces the latest insights from IT system design, AI control, design thinking, value theory, ethics and IT innovation. It is easily accessible and readable by a wide audience of academics and practitioners from multiple academic background who teach, work or study in the field of IT innovation and who are specifically interested in the social and human construction and management of technology.

Univ. Prof. Dr. Sarah Spiekermann Chair of the Institute for IS & Society

Since 2009 Sarah Spiekermann is chairing the Institute for Information Systems & Society at Vienna University of Economics and Business (WU Vienna). She is a well-regarded scientist, author, speaker and advisor on digital ethics. She published several books in the domain, including "Digital Ethics - A Value System for the 21st Century" (Droemer, 2019), "Ethical IT Innovation: A Value-based System Design Approach" (Taylor & Francis, 2015), as well as "Networks of Control" (Facultas, 20116). In 2016 Sarah has founded the Privacy & Sustainable Computing Lab at WU Vienna (renamed 'Sustainability Lab" in 2020). In the same year she also started to vice-chair IEEE's 7000 standardization project to build the world's first model process for ethical system design that was released to the public in September 2021.
To date Sarah has published over 100 scientific articles on the social and ethical implications of computer systems and given more than 200 presentations and talks about her work around the world.
She has co-authored US/EU privacy regulation and supported works as an expert and advisor to companies and governmental institutions, including the EU Commission and the OECD. Sarah also maintains a blog on "The Ethical Machine" at Austria's leading daily newspaper Standard.at and blogs for Germany's Handelsblatt. She is on the scientific advisory board of the Forum Alpbach and a member of the Science and Ethics for Happiness and Well-being Project of the Pontifical Academies of Sciences and Social Sciences, in partnership with the UN Sustainable Development Solutions Network (SDSN). Before being tenured in Vienna in 2009, Sarah was Assistant Professor at the Institute of Information Systems at Humboldt University Berlin (Germany), where she headed the Berlin Research Centre on Internet Economics (2003-2009), was Adjunct Visiting Research Professor with the Heinz College of Public Policy and Management at Carnegie Mellon University (Pittsburgh, USA) (2006-2009), founded and shut down the company Skillmap (visualizing social networks) (2008-2011) and worked as a management consultant and marketing manager with A. T. Kearney and Openwave Systems. Sarah was born in 1973 and grew up near Duesseldorf in Germany. She is an honorary citizen of Austria.