Others have proposed that living systems are characterized by the possession of a kind of information unique to them. This information, variously called semantic, symbolic, or coding information conveys meaning from senders to recipients, most commonly among genome and other cellular components, different cells, organisms, etc., enabling all biological functions. Unlike other kinds of information, it is only indirectly quantifiable and does not increase by copying. Here, the term system information is used to encompass the entire package of coding information enabling all organisms of a species to complete their life cycles through possession of its copy (Crkvenjakov and Heng 2021). System information grows in a nonreductive evolution only during speciation proper by the acquisition of novel functions by daughter species. Contemporary science agrees that species are units of evolution but has failed to recognize and parse the importance of phases of speciation and stasis for evolution. Confinement of system information change to speciation only explains for the first time why there are species and why their number increases nearly exponentially throughout evolution. More importantly, here we define that evolution as a process operating on a planetary scale, while chance based, is non-random mathematically since it obeys the Laws of Information which dictate the behavior of System information in organisms. Growth and persistence of system information on the non-degenerative portion of Tree of Life follow the law of conservation, which states that its growth is as parsimonious (minimal) as possible and the persistence of parental system information the maximal possible in each unit speciation step. This formulation is a restatement of Loewnstain's (1999) principle of information economy and our lock-in law (Crkvenjakov and Drmanac 2007). The principle holds that since, on chance assumption, the system information change cost is directly proportional to time, more costly pathways of achieving the same new functional goal will be, almost without exception, competed out by the less costly ones. As a corollary of the conservation law, the speciation law states that speciation follows the most economical way of growth of system information while conserving the existing one, which is horizontal information transfer by molecular sex (uptake of exogenous nucleic acid into the progeny genome) by exchange among two parents from maximally possible divergent lineages. The speciation law dictates that molecular sex mode be used since it is the most parsimonious one. The molecular sex cost in information bits is zero to the recipient, which is not the case with the generally accepted mode of vertical accumulation of information bits in a population gene pool within a lineage.