Notes on the type classification of von Neumann algebras.

This paper provides an explanation of the type classification of von Neumann algebras, which has made many appearances in the recent work on entanglement in quantum field theory and quantum gravity. The goal is to bridge a gap in the literature between resources that are too technical for the non-expert reader, and resources that seek to explain the broad intuition of the theory without giving precise definitions. Reading this paper will provide you with: (i) an argument for why "factors" are the fundamental von Neumann algebras that one needs to study; (ii) an intuitive explanation of the type classification of factors in terms of renormalization schemes that turn unnormalizable positive operators into "effective density matrices"; (iii) a mathematical explanation of the different types of renormalization schemes in terms of the allowed traces on a factor; (iv) an intuitive characterization of type I and type II factors in terms of their "standard forms"; and (v) a list of some interesting connections between type classification and modular theory, including the argument for why type III1 factors are believed to be the relevant ones in quantum field theory. None of the material is new, but the pedagogy is different from other sources the author has read; it is most similar in spirit to the recent work on gravity and the crossed product by Chandrasekaran, Longo, Penington, and Witten. [ABSTRACT FROM AUTHOR]