Use panic! to crash the program immediately for unrecoverable errors and Result to return an error value that the caller can handle. panic! aborts execution and prints a stack trace, while Result allows the program to continue by forcing the caller to explicitly handle success or failure cases.
// Unrecoverable: crashes immediately
panic!("Critical failure: cannot proceed");
// Recoverable: returns an error to be handled
let file = std::fs::File::open("hello.txt")
.expect("Failed to open file"); // or use match/if let