An answer to a question (What physical processes other than scattering are accounted for by QFT? How do they fit into the general formalism?) about quantum field theory asserts
"we don't know any examples of interacting QFTs in 4-dimensions."
I would like to know if this is true, and if it is, then what exactly is the issue.
I have read an introduction to QFT by Gerardus (Gerard) 't Hooft in which he avoids the well-known renormalization difficulties in the first instance by doing the whole thing on a lattice. Then, if I understood correctly, the continuum limit of the lattice is taken at the end and I thought it was all ok. So please could someone clarify exactly what it means to say there are no known examples of interacting QFTs (if that is so). And as a follow-up, does the lattice approach succeed for all practical purposes?
This paper: https://arxiv.org/abs/1912.07973 may be relevant too (it seems to offer a counter-example to the claim this question is about).