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Representatives from government, business, administration and academia are discussing today the issue of the "social market economy in the digital future" on the occasion of the Economic Affairs Ministry’s virtual Foresight Conference.

Artificial intelligence, autonomous systems, Big Data, quantum computing, 3D printing, blockchain technology – these are all technologies which will fundamentally change our economy and our daily lives. It is extremely complex to predict the speed of developments and their interactions. The "Strategic foresight process" launched by the Economic Affairs Ministry aims to make such predictions for a period of 10 to 15 years by means of specific economic digitisation scenarios and to gain findings for our social market economy.

Today’s conference marks the conclusion of a research project which was launched by the Economic Affairs Ministry in May 2019. The process has generated a number of possible scenarios which outline the major developments in the fields of digital platforms, Industrie 4.0, systemic competition and technological leadership, digitisation in daily lives and sustainability. The research project has been implemented by the VDI Technology Centre, the Düsseldorf Institute for Competition Economics (DICE) and Osnabrück University.

Ms Nadine Schön (Member of the Bundestag, Member of the Committee on Education, Research and Technology Assessment), Professor Dr Justus Haucap (Director of the Düsseldorf Institute for Competition Economics, DICE), Ms Christine Mohn (trend analyst at DB Systel GmbH) and Dr Holger Niermann (head of the division for fundamental economic policy issues, economic development, special tasks at the Federal Chancellery) discussed the findings and conclusions in the context of a panel.
The conference is the Economic Affairs Ministry’s contribution to the national "2021 Digital Day" (cf. also

You can register for the conference at:

The study on the research project and its summary can be found (in German) here.