Position of ER relative to the polynomial-time hierarchy
Determine the position of the complexity class Exists-R (ER) relative to the polynomial-time hierarchy (PH), and ascertain whether NP equals ER or whether ER is contained in or separates from PH.
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References
And this is all we know about with respect to traditional complexity classes. The status of with respect to for instance, is wide open. The possibility that NP = cannot yet be ruled out, but is usually considered unlikely.
— The Existential Theory of the Reals as a Complexity Class: A Compendium
(2407.18006 - Schaefer et al., 25 Jul 2024) in Section 'Where is the Existential Theory of the Reals?'