• Why do living systems represent only a sliver of their environment? This paper argues that the answer is thermodynamic: because information is physical, every bit a system acquires and maintains is paid for in free energy that could otherwise buy persistence. It introduces the Semantic Free Energy of the Expected Future (S-FEEF), a criterion that selects an organism's perceptual policy by trading the metabolic cost of information against viability. Building on Kolchinsky and Wolpert's account of…Read more