The transcript of the talk by Stephen Hawking speculates on the development of life in the universe, and in particular, the development of intelligent life. It covers the human race also, even thoughmuch of its behaviour through out history, has been according to hawking pretty stupid, and not calculated to aid the survival of the species. Two main questions hawking discusses hee are, 'What is the probability of life existing else where in the universe?' and, 'How may life develop in the future?'