Hyman Minsky

Foreword

By Edo Segal

The position I couldn't see was my own.

That's the thing about leverage. Financial leverage, cognitive leverage, emotional leverage — it all works the same way. You take on more than your current reserves can cover, and you sustain the gap by producing more. The production justifies the commitment. The commitment demands more production. The loop closes, and from inside the loop, everything looks like momentum.

I described it in *You On AI* without having the vocabulary for it. The transatlantic flight where I wrote a hundred-and-eighty-seven-page draft. The nights in Trivandrum where I couldn't close the laptop. The mornings I told my wife I'd be done soon, knowing I wouldn't be, knowing the next prompt would lead to the next feature would lead to the next