On February 28, the ARF held a virtual Town Hall exploring how artificial intelligence (AI) may develop in the future. After a brief, non-technical review of how Large Language Models (LLM) work, we reviewed a scenario where individuals have a personal AI agent that will negotiate on their behalf for access to news and entertainment, to highly targeted advertising, and to actual online purchases. New insights on what the long-term impact of AI on employment, intellectual property and regulation were…