Sommerfeld Theory Colloquium, With the discovery of the Higgs boson and the determination of its mass, the Standard Model is complete and its parameters are now

known and over-constrained. I will review the status and future directions in precision electroweak physics both at high and low en- ergies. There is strong evidence that the Standard Model is correct at the level of quantum corrections, and that in the absence of major conspiracies, any new physics beyond it is either significantly heavier than the electroweak scale or very weakly coupled.