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The Red Queen Hypothesis

Competitive Exclusion: Two Things Cannot Want Exactly the Same Thing

July 25, 2026·8 min read

Species with identical needs cannot coexist — a small consistent advantage compounds until one is gone. Which means anything living side by side must differ, and finding how is informative.

Natural Selection: The Algorithm That Needs No Designer

July 24, 2026·8 min read

Your eye has a blind spot no engineer would design. That flaw reveals the process that built it — a process that governs markets and ideas as strictly as it governs retinas.

The Red Queen Hypothesis: Running Hard to Stay Exactly Where You Are

July 24, 2026·9 min read

Species that have survived for ten million years go extinct at about the same rate as new ones. That surprising fact explains why your improvements so often buy you nothing.

Artificial Intelligence: Follow the Cost Curve, Not the Benchmarks

July 24, 2026·9 min read

The interesting number in AI is not what a model can do. It is what a unit of machine reasoning costs — because when that falls tenfold, whole categories of product become possible.

Competition: Better at What, Exactly?

July 24, 2026·9 min read

Two firms selling something interchangeable can only compete on price, and every improvement gets matched. The useful question is not how hard to compete but what you are competing on.

Markets: A Price Is a Bet, Not a Measurement

July 24, 2026·9 min read

A company posts record profits and the share price falls. That stops looking irrational once you see that a price already contains what everyone expected — and moves only on the difference.