In a recent paper, Firt, Hemmo and Shenker argue that Hempel’s dilemma, typically thought to primarily undermine physicalism, is generalizable and impacts mind-body dualism and many other theories equally. I challenge this view and argue that Hempel’s dilemma admits of at least two distinct construals: a general-skeptical construal, underpinned by historically driven arguments such as the pessimistic induction, and a non-skeptical construal, driven by the specific puzzles and volatility of current physics. While the general-skeptical construal applies to all changeable deep-structure (...) theories, the non-skeptical construal primarily targets volatile theories which harbor exclusionary ambitions. As a result, dualism largely evades both construals due to the stability of theories of the mental and their lack of exclusionary ambitions. Conversely, physicalism is uniquely susceptible to both construals due to its strong commitment to deep-structure realism, inherent exclusionary ambitions, and the volatility of certain branches of fundamental physics. The paper ultimately concludes that Hempel’s dilemma is not universally problematic, but presents a unique challenge to physicalism while being relatively congenial to dualism. (shrink)