These are devastating charts. Europe is cooked.
The European tech industry has always lagged America’s. But AI turbocharged the gap, and it’s growing by the day.
As AI starts displacing white-collar labor (in other words, as opex on token spend replaces opex on humans), a growing share of European GDP that used to get reinvested in EU economies will instead flow to US frontier labs and hyperscalers. Euros that used to go into the pockets of the continent’s top-quartile workers will instead be converted to dollars and accrue to the retained earnings of Anthropic, OpenAI, NVIDIA, Google, and Meta.
For European tech companies, there’s no catching up. They’re not even playing the same game, let alone competing on the same field. US hyperscalers are projected to spend over $1 trillion on capex every year for the next three years; OpenAI and Anthropic are going to raise—and burn—hundreds of billions of dollars each.
Meanwhile, the EU—with its onerous regulatory burden, high barriers to entry, weak capital markets, and entrepreneurial brain drain—has:
- zero prominent frontier labs (no, Mistral doesn’t count)
- no organic hyperscalers
- minimal data centers construction, much of it owned by US companies simply trying to comply with EU data regulations
- a startup ecosystem comparable to that of a tertiary US market, at best
The continent that once gave the world steam engines, steelmaking, automobiles, synthetic fertilizer, X-rays, aspirin, nuclear fission, jet engines, and even the World Wide Web isn’t even on the map for the most disruptive technology innovation of our lifetimes.
An entire continent’s economy doomed to the permanent underclass.
It’s tragic. And it’s a tragedy entirely of their own making.
@dhh Apple fell in the hands of finance people. They changed it from frontier tech company to a lifestyle company. Hardware is good, and their slow AI adaptation, and "local first" might be the new positives
@dhh Every time I use my macOS for something. I try to do the same on my machine with Omarchy. if it fails. search for plugin or ask you agent to fix the issue. Added bonus - you learn a a bit about Omarchy on the journey
Please don't install - it's trivial to turn Muse into the ultimate backdoor 💀👀
Ya, as an AI assistant built to manage your Mac, Muse needs broad access to your digital life.
But serious 0-day flaw(s) can let local malware/attackers invisibly hijack it.
Let me show you. 🧵
@oldstackjournal It was also easier back then. Write an app, ship it, maybe update it once or twice a year.
Today it’s constant OS changes, App Store fees, developer accounts and maintenance. Someone has to pay for it, and there’s really only one place to send the bill — the user.
@sonderby Kommer an på hvor meget du vil lege. men 1 Mac Studio (gerne 512) or 2 DGX Spark skulle være nok til at komme i gang med noget brugbart. Tjek @ivanfioravanti og @ashxhart