STANDARD / UNTIL NOW
Until now: the conventional view
- Ultraviolet divergences are regularized mathematically and absorbed into renormalized parameters where the theory is renormalizable.
- Until recently, in the conventional perturbative treatment, quantum general relativity required an ever-growing set of higher-order counterterms and was therefore regarded as a nonrenormalizable effective field theory at low energies.
- The Planck scale is usually regarded as the scale where a new quantum-gravity description should become necessary, but standard perturbation theory itself does not supply a physical cutoff.