Key points are not available for this paper at this time.
This is the written version of a lecture at the KITP workshop on Bits, Branes, and Black Holes. In it I describe work with D. Harlow, S. Shenker, D. Stanford which explains how the tree-like structure of eternal inflation, together with the existence of terminal vacua, leads to an arrow-of-time. Conformal symmetry of the dS/CFT type is inconsistent with an arrow-of-time and must be broken. The presence in the landscape of terminal vacua leads to a new kind of attractor called a fractal-flow, which both breaks conformal symmetry, and creates a directional time-asymmetry. This can be seen from both the local or causal-patch viewpoint, and also from the global or multiversal viewpoint. The resulting picture is consistent with the view recently expressed by Bousso. In the last part of the lecture I illustrate how the tree-model can be useful in explaining the value of the cosmological constant and the cosmic coincidence problem. The mechanisms are not new but the description is.
Leonard Susskind (Thu,) studied this question.