Information Inflation ft. Professor Vlatko Vedral

Professor Vlatko Vedral joins the conversation for a fascinating discussion on the integration of quantum physics with finance. Professor Vedral begins with an overview on the concept of information and information theory. They quickly progress into a discussion on the application of information theory to the world of financial markets. Peter and Professor Vedral mention several prominent models used within finance and relate them to problems often associated with models in science. They discuss the quantification of information and its potential use in finance. Next, they relate the example of players strategically beating casinos in blackjack to approaches to finance. The conversation moves to the element of time, and the understanding of time within quantum physics. They discuss whether or not markets are efficient and the relevance of free will. A theological discussion ensues as they both theorize about the nature of the universe. They discuss quantum game theory and wrap up the discussion with a word association game.