Dear Ian,
You still haven't given an opinion on what if... Eddington is right on the second law and Wheeler is right on Bit from It, would the matter-energy of the universe still be a constant? Also, my essay may not meet the standard of professional physicists but please view. I will also want to know your take whether the Planck length can be of any physical significance. Your suggestion above of possible superposition of existence and inexistence is quite intriguing. Nevertheless...
As the contest in Wheeler's honor draws to a close, leaving for the moment considerations of rating and prize money, and knowing we cannot all agree on whether 'it' comes from 'bit' or otherwise or even what 'it' and 'bit' mean, and as we may not be able to read all essays, though we should try, I pose the following 4 simple questions and will rate you accordingly before July 31 when I will be revisiting your blog.
"If you wake up one morning and dip your hand in your pocket and 'detect' a million dollars, then on your way back from work, you dip your hand again and find that there is nothing there...
1) Have you 'elicited' an information in the latter case?
2) If you did not 'participate' by putting your 'detector' hand in your pocket, can you 'elicit' information?
3) If the information is provided by the presence of the crisp notes ('its') you found in your pocket, can the absence of the notes, being an 'immaterial source' convey information?
Finally, leaving for the moment what the terms mean and whether or not they can be discretely expressed in the way spin information is discretely expressed, e.g. by electrons
4) Can the existence/non-existence of an 'it' be a binary choice, representable by 0 and 1?"
Answers can be in binary form for brevity, i.e. YES = 1, NO = 0, e.g. 0-1-0-1.
Best regards,
*I have rated you already, so no matter. But glad to get your binary answer.