  To gain insight in the quantum nature of the big bang, we study the dual
field theory description of asymptotically anti-de Sitter solutions of
supergravity that have cosmological singularities. The dual theories do not
appear to have a stable ground state. One regularization of the theory causes
the cosmological singularities in the bulk to turn into giant black holes with
scalar hair. We interpret these hairy black holes in the dual field theory and
use them to compute a finite temperature effective potential. In our study of
the field theory evolution, we find no evidence for a "bounce" from a big
crunch to a big bang. Instead, it appears that the big bang is a rare
fluctuation from a generic equilibrium quantum gravity state.
