W27 •A• The Flywheel Fallacy ✨

In this episode we tear apart one of the most dangerous assumptions in tech investing right now: that OpenAI's flywheel is a permanent, unassailable law of physics. Drawing from Token Wisdom's essay W27 — and weaving in evidence from essays W26, W44, and W49 — we trace the seductive logic of the flywheel narrative, then systematically dismantle it. We revisit the ghost monopolies of tech's past (Netscape, WordPerfect, Visicalc), decompose OpenAI's four-layer competitive advantage, and examine why the transformer architecture — the bedrock of the entire AI industry — may be as finite as every…