I understand that it usually refers to the goal of unifying general relativity & quantum mechanics, but the name gives the false impression that there's some way to mathematically model all the physical systems in The Universe in a formulaic manner.
It's nice to know there are scientists who don't buy into that fantasy.
Lisa Randall in New Scientist:
Even Stephen Hawking came to his senses:
Equations can calculate (& scientific theories can generalize) many different phenomena in this world. However, despite the modelling power of calculus, fractals, & other mathematical tools, they are still very limited. The Universe has dimensions & properties that we haven't even discovered yet. How can we accurately model something we can't fully comprehend?
Physicists will continue to describe & measure the many fascinating aspects of this world. They will continue to try to simplify & consolidate general theories. In response, The Universe will continue to grow in detail as people peer ever-deeper into its mysteries.