In this episode of Process Transformers, Lukas Egger engages with Samuel Hammond, Chief 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 opportunities 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!
Chief Economist at the Foundation for American Innovation
Samuel Hammond is Chief Economist at the Foundation for American Innovation, where his research focuses on artificial intelligence and the institutional impact of emerging technologies. He previously worked as the director of social policy for the Niskanen Center, where he remains a senior fellow; as an economist for the Government of Canada specializing in regional economic development; and as a graduate research fellow for the Mercatus Center at George Mason University.
Sam received a BA in Economics from Saint Mary’s University and MA in Economics from George Mason University and Carleton University.
Head of the Innovation Office & Strategic Projects team at SAP Signavio
Lukas leads a team of experts, steering innovation projects. His approach blends a strong technical understanding with a keen eye for product discovery and digital transformation. Lukas regularly contributes to discussions and panels, sharing his perspectives on AI, the digital zeitgeist, and philosophy. Lukas funded multiple startups, published a humorous philosophy book, and received silver screen quotation for special effects work for an animated movie.
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