Libido Sciendi
The desire to understand the world deeply. Investigating AI & complex adaptive systems.
Journal
all → Aug 20, 2026 ESSAY
Compressing a Causal Chain: What Has to Be True Kepler could have added one more circle, which is what most investment memos do. I have increasingly come to think that a good investment thesis is a causal model of what has to be true for a company… read → 17 minLONG READ
Aug 10, 2026 ESSAY
The Case for Humanist Techno-Progressivism A map drawn on power, technology and planetary limits gives six political positions, and the most desirable one is empty. I have never much wanted to write about politics here. The longer I spend… read → 10 min
Aug 9, 2026 BOOK
MacAskill on Speed-Ups and Trajectory Changes Significance, persistence, contingency, why almost no venture deal scores on the third, and speed-ups against trajectory changes. Venture capital exists to give founders the resources to turn an idea… read → 9 min
Deep Dives
all →Long-form essays and multi-part series: strategy, finance, technology.
Current series
Reading Nvidia: On strategy, defensibility, and capital in the AI era Moats, tokens-per-watt, and capex—read through Nvidia and the AI build-out.
· Series started Apr 2026 · 4 of 7 sections published
Part 4 · The Return of the Real World
Part 5 · The Job and the Task
Part 6 · A Note on China
Part 7 · Drawing the AI Stack
Series
AI × Energy: Powering the AI Revolution Grids, GPUs, and the physics of running intelligence at planetary scale.
Watts, wires, and who controls the stack—not the headline model.
· Series started Mar 2026 · 5 of 5 sections published
Part 5 · The Synthesis
Recent standalones
AI Moats Are Different Oct 2025 Why traditional moats fail in AI, and a four-level framework for building defensible positions: technical foundation, product depth, market position, sustainability.
· 16 min LONG READ
Market Sizing for Founders Oct 2025 A practical framework for sizing markets when you're building something new.
· 23 min LONG READ
AI as Normal Technology Sep 2025 General-purpose technologies diffuse slowly and unevenly. AI will follow similar patterns. Value creation depends on when bottlenecks collapse, not benchmark scores.
· 21 min LONG READ
Library
all →Recently read
Technology and the Rise of Great Powers ★★★★★
How To Think Like Socrates ★★★★★
Reading list
Atlas of AI
Chip War
L'Évangile selon Pilate
L'Individu, fin de parcours ? my notes
La mort et le printemps
La Peau de chagrin my notes
La Pharmacie de Platon my notes
Phenomenology of Spirit my notes
Selfpressionnisme : Et si l'IA nous rendait plus humains ? my notes
Tentative d'épuisement d'un lieu parisien my notes
The Investment Philosophers
Water: The Epic Struggle for Wealth, Power, and Civilization
Top reads
AI Moats Are Different deep dive Why traditional moats fail in AI, and a four-level framework for building defensible positions: technical foundation, product depth, market position, sustainability.
· 16 min LONG READ
The Moat That Cannot Be Coded deep dive Tacit knowledge, CUDA as institutional memory, and who captures AI value when models commoditise.
· 24 min LONG READ
On Systemic Errors journal A frequent critique of GenAI is that because it is probabilistic, it will inevitably make…
· 8 min
Foundation Models in Biology Hit the Noise Floor journal A new benchmark of 600+ model configurations reveals that biological foundation models do…
· 12 min
Market Sizing for Founders deep dive A practical framework for sizing markets when you're building something new.
· 23 min LONG READ
Food for Thoughtall →