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Levelsio posted on X that on a macro level, money is increasingly concentrating into Big Tech and Big AI companies. He says these firms 'suck up all the money,' encompassing both investment capital and business spending. The observation highlights the financial consolidation among a shrinking number of dominant technology players.
Indie maker Pieter Levels (levelsio) announced he canceled 99% of his SaaS subscriptions and built free replacements using AI. His spending now focuses entirely on AI, servers, and storage, but rising prices have increased his total costs. He now pays roughly three companies $10,000 per month each, compared to previously paying about $100 per month to roughly 30 companies. The shift concentrates his vendor relationships and spending on essential infrastructure providers.
A tweet by @levelsio highlights projections showing Europe's GDP per capita in 2030 at $50,590 per year, lower than the current level, while the US GDP per capita will grow to $108,660 per year. This means Americans will be more than twice as rich as Europeans by 2030. The comparison, accompanied by a chart, underscores fears of economic stagnation in Europe. The US figure is more than double Europe's, and Europe's per capita income is actually declining relative to today.
Cloud hosting provider Hetzner has increased its US server prices by 2.5 times, according to a social media post. The price hike is attributed to rising costs of hardware components—RAM, HDDs, SSDs, CPUs, and GPUs—and competition for data center land in the US, all driven by surging demand from AI companies. The post notes that the increase is significant but understandable given the market dynamics.
A retweet by @levelsio shares a truncated post from @bohumilo. The post states that when the World Cup (WC) was last held in America, the United States and Germany had the same GDP per capita. The message ends mid-sentence, leaving the intended insight incomplete. No additional details or sources are provided.
Developer Pieter Levels (@levelsio) reported that Revolut's eSIM auto-renewal feature is non-functional. When a user selects the auto-renew option during eSIM purchase, the service does not automatically renew under any condition. Specifically, it fails to trigger both when data is running low and when the 30-day validity period expires. The bug may lead to lost revenue for Revolut and disrupts seamless connectivity for users relying on automatic top-ups.