On the asymptotic Makar-Limanov rank conjecture
Let $k$ be an algebraically closed field of characteristic zero and let $f$ be a nonconstant polynomial in finitely many freely noncommuting variables. We prove the asymptotic Makar-Limanov rank conjecture, namely that the normalized rank of a value of $f$ can be made arbitrarily small by choosing matrices over $k$ of finite size.
