“It took Deepseek about 12 seconds.”

 

Whatever AI’s “Sputnik moment” ultimately means for stocks, the boost to labor productivity may come sooner than expected.

In a post on Substack on Monday, Stony Brook University Professor of Economics and Public Policy Stephanie Kelton 

shared what happened when she asked DeepSeek to create “a model and run a simulation to show the impact on Canadian GDP if the US imposes 25% tariffs on all exports from Canada to the US.” 

She showed how DeepSeek reasoned, calculated and spat out its findings, which Kelton said were roughly consistent with results from experts at the Bank of Canada. 

“I wonder how long it took the staff at the BoC to come up with their figures,” she wrote. 

“It took Deepseek about 12 seconds.”

 Jonathan Levin Bloomberg 31 januari 2025

https://www.bloomberg.com/opinion/articles/2025-01-31/goldman-sachs-knows-deepseek-affects-the-future-of-work

Stephanie Kelton och andra MMT-ekonomer anser att finanspolitiken är det bästa sättet att stabilisera ekonomin

https://englundmacro.blogspot.com/2023/07/stephanie-kelton-och-andra-mmt-ekonomer.html