📈 Data to start your week

DeepSeek ↑ US economy ↓ Nvidia's reinvention ↑ genAI jobs ↑

Hi,

Here’s your Monday round-up of data driving conversations this week — all in less than 250 words.

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1. In just three weeks, the Federal Reserve Bank of Atlanta’s running GDP estimate swung sharply from forecasting 3% growth to predicting a 1.5% contraction.

   

2. Tariffs on steel and aluminum are raising manufacturing costs and product prices.

3. 100 trillion tokens per year. DeepSeek generates ~$205 million in annual revenue while charging ~$2.19/M tokens, about 25x less than OpenAI.

4. AI is already doing our work. As of September 2024, 18% of financial consumer complaints, 24% of corporate press releases, and 15% of job postings showed signs of LLM writing.