The best thing I ever read on this topic came from biology. In "The Diversity of Life," E.O. Wilson describes how specialist species thrive in stable environments. The stability allows them to evolve "deeply" into a niche and outcompete any species less specialized for that same niche. So if I'm really great at plucking fruit from tall trees, and you suck at it, I win. In unstable environments, however—say all of tho…
I've had a going theory on this - that it's a yoyo between generalization and specialization. A particular topic starts with generalists but as time progresses and stability (i.e. a path worth pursuing) becomes apparent, specialization is needed to eek out more performance gains. Then after a while, that particular area gets disrupted because there's a fundamental shift in landscape and the cycle repeats because the…
And yep, you’re spot on.