  This talk highlights, from a theoretical point of view, some recent exciting
results in flavor physics, as well as future prospects. We discuss possible
implications of a subset of the experimental results in tension with the
standard model, such as the $4\sigma$ deviation in the $B\to
D^{(*)}\tau\bar\nu$ decay rates, and recent improvements in the constraints on
axion portal dark matter models. We use the examples of constraining new
physics contributions to neutral meson mixing and the search for possible
vector-like fermions to illustrate the expected progress over the next decade
to increase the sensitivity to new physics at shorter distance scales. We also
speculate about the ultimate limitations of (quark) flavor physics probes of
new physics.
