I think there's some questions to be asked about this, but the main one is this claim:
> Abstraction is something you do to things so that you don't have to cognitively deal with them, they're predictable.
The word "predictable". What does it mean to be predictable? Are periodic trends with micro-variations considered to be predictable? In that sense, might it not be possible to Fourier-decompose some time-series into a sufficiently-"predictable" set of frequencies?
But actually, I'm not even sure if this qualification is needed. If an abstraction is basically just a way to treat a bunch of events as a single idea, then what if the abstraction isn't something telling you how you should act, but instead something telling you how you should react?
Another assumption, I think, is that the market is human, i.e. because there are affective dimensions and bounded rationalities in the economy that make it unpredictable. This is true right now, but is that inherent to the market? You can argue that even an automated agent has "humanity", in the sense that it is essentially imprinted with their creator, but how much longer will this hold? It's asymptotic, but won't there be a threshold at which the humanity of machines made by machines, with many steps removed, becomes negligible?
http://slatestarcodex.com/2016/05/30/ascended-economy/