Buzzword “Digital“: Global interconnection, dramatically increased computing power and the spread of portable multi-purpose mini-computers, the smartphone, over the last years have initiated far-reaching societal and economic changes. The topic thus surged to the top of the agenda in business, politics, media and research. The feedback of technological developments to socioeconomic processes is certainly not new but rather on the contrary runs like a thread through human history. However, the potential implications of current rapid progress in particular in the fields of artificial intelligence and robotics together with the proliferation of platform- and data-based business models are so far-reaching that both optimists and pessimists offer wild speculations on how this could influence the societies and economies of tomorrow. But what will turn out to be lasting developments, short-lived hypes or simple exaggerations?