In this episode of Process Transformers, Lukas Egger engages with Samuel Hammond, a senior economist at the Foundation for American Innovation, to explore the significant implications of AI on business transformation and economic structures. They discuss the crucial differences between first-order and second-order effects of disruptive technologies, emphasizing how AI not only impacts immediate tasks but also reshapes entire industries and governance frameworks. Hear how AI is eliminating traditional agency barriers, enhancing productivity, and enabling new opportunites for value creation. This conversation is a must-listen for anyone invested in the future of technology and business, filled with actionable strategies to navigate the evolving economic landscape. Let’s dive right in!
