Sublime

to the lowest.

Occam’s razor principle, which suggests that, all things being equal, the simplest possible hypothesis is probably the correct one.

“toy” models of economies—simple models that are so abstract they bear little resemblance to reality.

There is no Newtonian law of markets; they are all ephemeral relationships in a sea of noise and the only way you can do that and capture non-linearity and complexity is with a system that is rich enough to be able to contain all the models, so a universal approximator—that’s what neural nets are—and allows you to do that.

Quantum computation, which is now in its early infancy, is a distinct further step in this progression. It will be the first technology that allows useful tasks to be performed in collaboration between parallel universes.