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On February 23, 2016, Caltech and LIGO scientists held a panel discussion about the recent detection of gravitational waves and what this discovery will mean for our ongoing understanding and exploration of our universe. Speakers included President Thomas Rosenbaum, Fiona Harrison, Kip Thorne, Barry Barish, Mike Landy, Alan Weinstein, Mansi Kasliwal, Anamaria Effler, Rana Adhikari, and Stan Whitcomb.