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Golden Ten Data reported on March 17 that ARK Investment Management's Chief Investment Officer, Cathie Wood, stated that artificial intelligence has already increased labor productivity and will bring even more significant gains in the next decade. Productivity in the non-agricultural sector has grown by 2.8% year-on-year, but the application of new AI tools is expected to boost this growth rate to around 6% annually. The productivity improvements brought by these large language models are astonishing. She also added that even the "previously skeptical people" within her company are "shocked" by their performance. Wood pointed out that revenue growth among leading AI model providers is remarkable: Anthropic's annualized revenue has reached $19 billions, while OpenAI's revenue has grown from $20 billions to $25 billions. She said, "In the next five to ten years, we expect revenue growth of $10 trillions to $12 trillions from almost zero today. This will have a significant impact on GDP."

Golden Ten Data reported on March 17 that Bank of America's March global fund manager survey found that investors' expectations for a steepening yield curve have declined. The bank stated: "Expectations for a steepening yield curve have reached a cyclical peak." The report pointed out that currently, 56% of fund managers expect the yield curve from 3 months to 10 years to steepen, a significant decrease from 80% a month ago.

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