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"Historically speaking, string theory and the loop representation of quantum gravity are twins separated at birth. (Baez, Class. Quantum Grav. 15 (1998) 1827–1858)"
Now with AdS/CFT for strings, and group field theory for loops, both can reach their true destiny for describing condensed matter
Now with AdS/CFT for strings, and group field theory for loops, both can reach their true destiny for describing condensed matter