As of now, string theorists have no explanation of why there are three large dimensions as well as time, and the other dimensions are microscopic. Proposals about that have been all over the map.
Edward Witten1/r^2 has a nasty singularity at r=0, but it did not bother Newton-the Moon is far enough.
Edward WittenSuperstring theories provide a framework in which the force of gravity may be united with the other three forces in nature: the weak, electromagnetic and strong forces. Recent progress has shown that the most promising superstring theories follow from a single theory. For the last generation, physicists have studied five string theories and one close cousin. Recently it has become clear that these five or six theories are different limiting cases of one theory which, though still scarcely understood, is the candidate for superunification of the forces of nature.
Edward WittenQuantum mechanics brought an unexpected fuzziness into physics because of quantum uncertainty, the Heisenberg uncertainty principle. String theory does so again because a point particle is replaced by a string, which is more spread out.
Edward Witten