MathJax

MathJax

Thursday, September 26, 2013

A Jewel at the Heart of Quantum Physics - Some Thoughts

Browsing through my daily dose of slashdot I found a link I just had to follow, A Jewel at the Heart of Quantum Physics. This article described a mathematical structure that enabled one to solve calculations of particle interactions that had formerly been completely beyond calculation, in some cases on a sheet of paper. In order to arrive at this simplification the theory requires abandoning two core ideas:
Locality is the notion that particles can interact only from adjoining positions in space and time. And unitarity holds that the probabilities of all possible outcomes of a quantum mechanical interaction must add up to one. The concepts are the central pillars of quantum field theory in its original form, but in certain situations involving gravity, both break down, suggesting neither is a fundamental aspect of nature.
In keeping with this idea, the new geometric approach to particle interactions removes locality and unitarity from its starting assumptions. The amplituhedron is not built out of space-time and probabilities; these properties merely arise as consequences of the jewel’s geometry. The usual picture of space and time, and particles moving around in them, is a construct.
After reading the article, a number of questions occur to me which I do not have the mathematical chops to even begin to answer.
  1. Is this the only structure possible, or are there  a large, or even infinite number of similar structures, each of which could form the basis of a potential universe?
  2. Is this structure hidden in the quantum wave equation when you look at it  in the right way? It seems it really should be.
  3. I am imagining something like a standing wave pattern that might have formed by addition with each phase transition of the Big Bang. Does this work at all?
  4. Is this structure stable and eternal essentially, or is it temporary?

Friday, September 20, 2013

Money - value

Money is a strange thing, completely abstract and mathematical in certain regard, yet held to be the most tangible of all things. Lately, people have been making the rounds on NPR, etc., expressing the thought that our ability to rapidly and accurately assess value is increasing, and will increase greatly in the future. This will make it possible to end "second chances," and rapidly sort the productive from the unproductive. Value and money are actually rather trickier concepts than this, and their relationship rather more complex. Financial panics would not occur if our ability to assess value were truly as advanced as such claims would have us believe, since a financial panic is a market perception that monetary valuation and emotional and tangible valuation are seriously out of alignment. Money is a very strange instrument. Consider the case of Long Term Capital. Here, a hedge fund constructed a mathematically formula which enabled them to sell the risk out of their portfolio, while keeping the profit, thus apparently being able to invest with no risk at all. No real asset that one could use money to purchase behaves in such a manner. A farm, or factory, or piece of equipment all have risk of loss or damage attached inescapably to any investment. I would argue that a market panic is an essential process which forces market valuations back into conformity with emotional and tangible valuations.

Thursday, May 2, 2013

Human "errors" with risk estimation and chance

Economists and statisticians are always telling us that humans fundamentally misjudge risk, and do not follow optimal strategies in all manner of situations.  I would say that we more likely following strategies that are optimized for evolutionary survival in the sort of environments which animals must move around in.  People who haven't taken a course in probability theory seem to assume that every example of chance pulls from sort of pool - tossing a coin uses up some pool of possible "heads" results, so that after a run, there must not be any "heads" left in the pool, and we must start getting "tails."  The sort of probability which people intuitively model functions much more like a deck of cards than a coin toss or a roll of the dice.  One might wonder why this might be, imagining oneself as some sort of animal, a small monkey for instance, since this would be where we might make evolutionary contact with our methods of estimating risk.  A monkey is in a tree, looking for ripe fruit.  When it finds a piece that is very nice, it has drawn a card from the ripe fruit deck.  Pretty soon, there are no cards left in the ripe fruit deck, and only unripe fruit remains.  The monkey could climb to the next tree, but it knows there might be pythons there.  There are no pythons in this tree, while in the next tree, there is a deck of python cards, with no clear knowledge of what it contains.  If you draw a python card, then more than likely, you are dead.  If you escape, then you have turned over the python card, and can avoid it.  The pool of fatal risk has been reduced by some amount, at least in the near term.  Everything the monkey is doing stays in fixed pools, in some limited interval at least, with the risk of error being quite possibly fatal.  This is the sort of risk evolution has designed us to process and estimate I would say.  Pools are closed, with each draw reducing the pool.  Cost of risk is very high.  Eventually, one must seek new resources, but risk should always be minimized.  The monkey is playing a card game rather than rolling dice.  But this game with predators will look different than the game with one's own species,

Wednesday, April 24, 2013

Putting Blackbox Models in Charge

Something I read in the Economist this week struck me, (April 20, 2013 edition - pg. 30 "That swooning feeling").  This seems worth quoting completely.  It is speaking about various theories about the repeated apparent dip in the economy each spring.  "One theory is that models interpreted the economy's plunge in late and 2008 and early 2009 as partly seasonal, and responded by nudging up subsequent winter figures and nudging down summer data to compensate."  Really!  Are the models that the Bureau of Labor Statistics this autonomous and opaque that no one who is in charge of using them can even figure out whether such a thing is occurring?  Their testing solution for this evidently works like this - "But the federal Bureau of Labor Statistics has found that the pattern persists even if the job numbers are seasonally adjusted without those recession months."  Could they really have so little comprehension of the model they are using, that they can't figure out whether such an effect is likely, and the only way of testing is to remove the data and run it again?  The stock market swings up and down, hiring and lay-off decisions are made, investments made or abandon on this number, and evidently no one has any idea how it actually comes into existence.  It would be better to publish the raw employment surveys and let people construct their own analysis than to use a black box of this sort.

Sunday, April 21, 2013

Inflation and Wealth Concentration vs. Asset Bubbles

The Fed has been pumping money out into the economy for some years now, leading to a continual gnawing fear in some circles that inflation is about to skyrocket.  I would say that this is overlooking a transformation which has occurred over the course of the last couple of decades.  First, I would make some hypotheses about money.  I would say that money wants to multiply, and that money wants to concentrate.  These are a bit anthropomorphic, but money is concretized human desire, so a bit of anthropomophic speculation is perfectly reasonable.  Next, money dispersed over a broad population is what sustains demand, and therefore makes it possible for prices to rise - inflation in other words.  When money is concentrated beyond a certain degree, inflation will no longer be possible, instead asset bubbles will predominate.  Money will always attempt to concentrate and multiply, so left to its natural tendencies, it will flow to a smaller and small portion of the population.  This small proportion of the population cannot sustain demand of a broad consumer market, so inflation cannot increase.  Formerly, it was necessary to hire people and pay them an increasing wage in order to make more money, but automation and financial instruments have decoupled this connection to a great degree.  Paying money to labor is dispersion, and the return is most likely logarithmic, while investing in obscure financial instruments is concentration, and the return is exponential.  It is easy to see what the trend will be.  Now, the question would be, how to put some numbers on this and make some sort of convincing case?

Wednesday, January 30, 2013

Is there a place for the mind in physics?

I read a blog post yesterday on npr reviewing a book on the mind and consciousness.  NPR - Blogs, Is There a Place for the Mind in Physics? The review was by a physicist of a book by Thomas Nagel that proposed that the mind had an inherent existence.  The reviewer, Adam Frank begins by asking the reader to imagine a blue monkey.  Is this blue monkey real, or is it just some sort of phenomenon arising from activity of neurons in the brain?  If it is real, where is it real?  I remember another idea which occurred to some months ago while I was unlocking the shed to free my bicycle.  It was locked with a combination lock which I was carefully turning back and forth till it unlatched.  It occurred to me that in the physical world, there seemed to be two types of locks, but in the software world, there was apparently only one kind.  The first kind of lock in the physical world is a ward lock.  A carefully shaped object is used to alter the shape of pins inside so that one is able to turn it.  In the case of the second lock, one has some sort of secret knowledge that can be used to adjust the mechanism into some configuration that will allow it to open - a combination lock in other words.  Inside a software program, there is apparently only one sort of lock possible, that being the secret knowledge sort.  Any sort of method that I thought of to imitate the ward lock worked out generating a random number, that if one were to capture, could be used to open the file.

Thinking further, the combination lock is a mechanical representation of the numbers of the combination.  In a sense any sort of computer or calculating device - the brain as well - is something much like the combination lock.  It is a mechanical representation of the information in the combination.  If one were to actually build Babbage's Analytic Engine, one could construct a program to calculate some value.  One could calculate the same value using a modern computer, using essentially the same method as in the program on the Analytic Engine.  One could almost certainly generate a protein sequence that would fold in a particular manner to calculate the same value, using the same method.  Thus it appears that both the method and the value do not exist in any particular mechanism.  They seem to be both everywhere and nowhere.