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Mental models, decoded from real events
See the hidden forces behind the events that shaped the world — and build a mind that spots them everywhere.
Every platform that mediates between two or more groups faces an irresistible temptation to reallocate value from one group to another, then finally to itself. The decay isn't a bug or bad management—it's the predictable thermodynamics of rent-seeking in two-sided markets once switching costs are high enough to lock users in. The only reliable counterforce is interoperability and low switching costs, not trust in benevolent corporations.
See the hidden forces behind the events that shaped the world — and build a mind that spots them everywhere.