Sabine Hossenfelder in Quanta:
Eight decades have passed since physicists realized that the theories of quantum mechanics and gravity don’t fit together, and the puzzle of how to combine the two remains unsolved. In the last few decades, researchers have pursued the problem in two separate programs—string theory and loop quantum gravity—that are widely considered incompatible by their practitioners. But now some scientists argue that joining forces is the way forward.
Among the attempts to unify quantum theory and gravity, string theory has attracted the most attention. Its premise is simple: Everything is made of tiny strings. The strings may be closed unto themselves or have loose ends; they can vibrate, stretch, join or split. And in these manifold appearances lie the explanations for all phenomena we observe, both matter and space-time included.
Loop quantum gravity, by contrast, is concerned less with the matter that inhabits space-time than with the quantum properties of space-time itself. In loop quantum gravity, or LQG, space-time is a network. The smooth background of Einstein’s theory of gravity is replaced by nodes and links to which quantum properties are assigned. In this way, space is built up of discrete chunks. LQG is in large part a study of these chunks.
This approach has long been thought incompatible with string theory.
More here.