Thank you for your essay, these are the things that came to my mind while reading it:
Stability through instability:
Is quantum mechanics equal to chaos? Are they related? Chaos is deterministic and results in bifurcation, which even splits worlds into branches in the Many Worlds interpretation according to Wallace. But is it the same, can we identify them with each other? Is quantum mechanics "unstable"?
Quantum loops in a classical world:
"Life cheats entropy, by doing improbable things" with which you mean classically improbably. Entropy is therefore a classical phenomenon is implied.
This is interesting, stating that quantum mechanical action can undermine the second law of thermodynamics.
Yet you state that systems tend to disorder according to the second law. It does so indeed, globally, holistically, as an entire system. It does not say anything about its inner structure. Globally, entropy increases. And life is an open system, so globally entropy does still increase, although locally indeed magical improbable seeming structures can arise, this however does not defeat the second law.
But that life works in the different direction than entropy does, that is an interesting statement in my view and i would agree with you here. It does not defy the second law however, but it does generally work "on average" in the opposite natural direction, it seems.
I found this a powerful alinea, at the end of the paragraph.
The Observer's dilemma:
I find it a stretch to go from the measurement problem, to relating it to the essence of life. What is the relation bridging the conceptual gap?
Overall:
Interesting start and premise, but loses the overarching thread a little through the middle and end in my opinion and mostly seems like separately stated insights, patched together without a strong coherent narrative or reasoning.
I received the intended message, got the idea, but there was no explanation, or justification. In my mind it got stranded on a level of speculation. For instance, what is the relation between quantum mechanics, and chaos? Or do you see entropy, as related to chaos? Then what, is the relation between entropy, and quantum mechanics? Etc. I missed the explanations and justifications.