Fears that digital automation will directly replace millions of workers in cheap labour economies seem premature. The real danger of the digital revolution for emerging economies: automation makes manufacturers in the old industrial countries competitive again. Is this the end of the export- and manufacturing-led growth model? How can late industrialisers climb up the global value chain in the digital age? Mit: Mihir Sharma, Pavida Pananond, Marc Saxer. Moderation: Catrina Schläger