  It is argued that the so-called holographic principle will obstruct attempts
to produce physically realistic models for the unification of general
relativity with quantum mechanics, unless determinism in the latter is
restored. The notion of time in GR is so different from the usual one in
elementary particle physics that we believe that certain versions of hidden
variable theories can -- and must -- be revived. A completely natural procedure
is proposed, in which the dissipation of information plays an essential role.
Unlike earlier attempts, it allows us to use strictly continuous and
differentiable classical field theories as a starting point (although discrete
variables, leading to fermionic degrees of freedom, are also welcome), and we
show how an effective Hilbert space of quantum states naturally emerges when
one attempts to describe the solutions statistically. Our theory removes some
of the mysteries of the holographic principle; apparently non-local features
are to be expected when the quantum degrees of freedom of the world are
projected onto a lower-dimensional black hole horizon. Various examples and
models illustrate the points we wish to make, notably a model showing that
massless, non interacting neutrinos are deterministic.
