Forty years ago, in 1983, Lee Schruben proposed the Event Graph formalism and modeling language, subsequently defining the paradigm of Event-Based Simulation, in a precise way, which had been pioneered 20 years before by SIMSCRIPT. The purpose of this panel is for a group of Event Graph researchers both from Operations Research and Computer Science, including the inventor of Event Graphs and one of his former PhD students who has made essential contributions to their theory, to discuss their views on the history and potential of Event Graph modeling and simulation. In particular, the adoption of Event Graphs as a discrete process modeling language in Discrete Event Simulation and in Computer Science, and their potential as a foundation for the entire field of Discrete Event Simulation and for the fields of process modeling and AI in Computer Science is debated.