Abstract
Recent advances in lattice QCD have resulted in the first simulations with realistic quark vacuum polarization. Consequently a wide variety of high-precision (few percent) nonperturbative calculations are possible now. This paper reviews the recent developments that make this possible, and presents early evidence that the era of high-precision nonperturbative QCD is at hand. It also discusses the future impact of lattice QCD on experiments, and particularly for heavy-quark physics.
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