There is a good book of C.Rovelli, "Quantum gravity", where this old issue is very well discussed. Namely, do we have treat the metric as characteristic of real space-time manifold or as pure gravity field which fills the big nothing. Let's assume that the second is true, the metric is a gravity field and consider any vacuum solution of Einstein equations. It must be a source for the metric in this case as well, there is no matter, therefore the simplest conclusion is that the vacuum field has it's own energy, at least locally, which we can call as a positive or negative.
So, as it seems, in this interpretation of the metric, it must be some kind of cosmological constant simply by definition of the what the field is. An another consequence is about the energy conservation. If we have a vacuum with some energy, how it was created and where from the energy did come? Again, the simplest explanation is that initially we had two vacuum states with different signs of the energies equal zero overall, which somehow have been splitted and separated.
Of course this is an issue about how the matter is arising, we can also speculate that the matter is first and the geometry is second and that there is no pure vacuum solutions without matter present. Of course, is it seems, the questions about the energy and entropy of the initial state will remain in this case as well.