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We review of the interface between (theoretical) physics and information for non-experts. The origin of information as related to the notion of entropy is described, first in the context of thermodynamics then in the context of statistical mechanics. A close examination of the foundations of statistical mechanics and the need to reconcile the probabilistic and deterministic views of the world leads us to a discussion of chaotic dynamics, where information plays a crucial role in quantifying predictability. We then discuss a variety of fundamental issues that emerge in defining information and how one must exercise care in discussing concepts such as order, disorder, and incomplete knowledge. We also discuss an alternative form of entropy and its possible relevance for nonequilibrium thermodynamics. In the final part of the paper we discuss how quantum mechanics gives rise to the very different concept of quantum information. Entirely new possibilities for information storage and computation are possible due to the massive parallel processing inherent in quantum mechanics. We also point out how entropy can be extended to apply to quantum mechanics to provide a useful measurement for quantum entanglement. Finally we make a small excursion to the interface betweeen quantum theory and general relativity, where one is confronted with an ultimate information paradox posed by the physics of Black Holes. In this review we have limited ourselves; not all relevant topics that touch on physics and information could be covered.
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I consider some promising future directions for quantum information theory that could influence the development of 21st century physics. Advances in the theory of the distinguishability of superoperators may lead to new strategies for improving the precision of quantum-limited measurements. A better grasp of the properties of multi-partite quantum entanglement may lead to deeper understanding of strongly-coupled dynamics in quantum many-body systems, quantum field theory, and quantum gravity.
This year is the 100th birth anniversary of Richard Philips Feynman. This article commemorates his scientific contributions and lasting legacy.
The field of Financial Networks is a paramount example of the novel applications of Statistical Physics that have made possible by the present data revolution. As the total value of the global financial market has vastly outgrown the value of the real economy, financial institutions on this planet have created a web of interactions whose size and topology calls for a quantitative analysis by means of Complex Networks. Financial Networks are not only a playground for the use of basic tools of statistical physics as ensemble representation and entropy maximization; rather, their particular dynamics and evolution triggered theoretical advancements as the definition of DebtRank to measure the impact and diffusion of shocks in the whole systems. In this review we present the state of the art in this field, starting from the different definitions of financial networks (based either on loans, on assets ownership, on contracts involving several parties -- such as credit default swaps, to multiplex representation when firms are introduced in the game and a link with real economy is drawn) and then discussing the various dynamics of financial contagion as well as applications in financial network inference and validation. We believe that this analysis is particularly timely since financial stability as well as recent innovations in climate finance, once properly analysed and understood in terms of complex network theory, can play a pivotal role in the transformation of our society towards a more sustainable world.
The second law of classical thermodynamics, based on the positivity of the entropy production, only holds for deterministic processes. Therefore the Second Law in stochastic quantum thermodynamics may not hold. By making a fundamental connection between thermodynamics and information theory we will introduce a new way of defining the Second Law which holds for both deterministic classical and stochastic quantum thermodynamics. Our work incorporates information well into the Second Law and also provides a thermodynamic operational meaning for negative and positive entropy production.
Geometry of hypersurfaces defined by the relation which generalizes classical formula for free energy in terms of microstates is studied. Induced metric, Riemann curvature tensor, Gauss-Kronecker curvature and associated entropy are calculated. Special class of ideal statistical hypersurfaces is analyzed in details. Non-ideal hypersurfaces and their singularities similar to those of the phase transitions are considered. Tropical limit of statistical hypersurfaces and double scaling tropical limit are discussed too.
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