Note on Type $III_1$ Algebras in $ c= 1$ String Theory and Bulk Causal Diamonds

We argue that the Leutheusser-Liu procedure of isolating a von Neumann algebra in the $N = \infty$ limit of string theories, leads to the algebra of relativistic fermion fields on a half line for the $c = 1$ string theory. This is a Type $I$ von Neumann algebra, since it is the algebra of the Rindler wedge in the Rindler vacuum state. Subalgebras of finite regions are Type $III_1$. The argument uses the elegant results of Moore and of Alexandrov, Kazakov and Kostov. This model is well known to be integrable and have no black hole excitations. We have speculated that adding an interaction invisible in perturbation theory to a large finite number, $M$, of copies of the model, produces a non-integrable model with meta-stable excitations having all of the properties of linear dilaton black holes. The algebra of fields is the tensor product of $M$ copies of the $c = 1$ model's algebra, whether or not we add the non-integrable interaction. We argue that the infinite dimensional $c = 1$ algebras are analogous to those of the boundary field theory in AdS/CFT, even though they appear to encode bulk causal structure. An IR cutoff on the boundary renders them finite and causal structure must be formulated in terms of an analog of the Tensor Network Renormalization Group. This is a time dependent Hamiltonian flow, embedding smaller Hilbert spaces into larger ones. It is the analog of one sided modular inclusion in quantum field theory.