Stationary black holes obey ordinary thermodynamics but cosmology requires memory-bearing teleodynamics, with horizon memory causing deviations from the area law.
Venkatasubramanian,How Much Inequality Is Fair?: Mathematical Principles of a Moral, Optimal, and Stable Capitalist Society(Columbia University Press, 2017)
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Thermodynamics vs Teleodynamics: A Cosmological Divide?
Stationary black holes obey ordinary thermodynamics but cosmology requires memory-bearing teleodynamics, with horizon memory causing deviations from the area law.