The idea that individual differences in behavior and physiology can be partly understood by linking them to a fast-slow continuum of life history strategies has become popular in the evolutionary behavioral sciences. I refer to this approach as the "fast-slow paradigm" of individual differences. The paradigm has generated a substantial amount of research, but has also come increasingly under scrutiny for theoretical, empirical, and methodological reasons. I start by reviewing the basic empirical facts about the fast-slow continuum across species and the main theoretical accounts of its existence. I then discuss the move from the level of species and populations to that of individuals, and the theoretical and empirical complications that follow. I argue that the fast-slow continuum can be a productive heuristic for individual differences; however, the field needs to update its theoretical assumptions, rethink some methodological practices, and explore new approaches and ideas in light of the specific features of the human ecology.