A central controversy in cognitive science concerns the roles of rules versus similarity. To gain some leverage on this problem, we propose that rule‐ versus similarity‐based processes can be characterized as extremes in a multidimensional space that is composed of at least two dimensions: the number of features (Pothos, 2005) and the physical presence of features. The transition of similarity‐ to rule‐based processing is conceptualized as a transition in this space. To illustrate this, we show how a neural network model (...) uses input features (and in this sense produces similarity‐based responses) when it has a low learning rate or in the early phases of training, but it switches to using self‐generated, more abstract features (and in this sense produces rule‐based responses) when it has a higher learning rate or is in the later phases of training. Relations with categorization and the psychology of learning are pointed out. (shrink)