On June 4, 2019, the Council on Competitiveness (Council) and UCLA, home to CESMII—The Smart Manufacturing Institute, co-hosted a major dialogue on Smart Manufacturing: Leveraging the Democratization of Innovation. The day-long session with more than 50 experts representing industry, academia, national labs and government focused on the democratization of smart manufacturing as a practical necessity for the future of U.S. manufacturing. Topics included creating and maximizing the value of innovation through the easy and secure movement of information; rethinking education, training and entrepreneurship in manufacturing; changing manufacturing infrastructure and the innovation ecosystem; aligning market and policy drivers for data-centered enterprises; and addressing the need for new jobs and a new culture of data.