According to @DowdEdward, a Futurism report highlights that OpenAI usage drops sharply in the summer when students are out of school, underscoring a seasonal pattern in generative AI demand: source: @DowdEdward; Futurism. Independent web analytics previously showed ChatGPT web traffic fell about 9.7% month over month in June 2023 and 9.6% in July 2023, then stabilized in August and rebounded with back-to-school in September, indicating seasonality in engagement: source: Similarweb; Reuters. For trading, seasonality in AI engagement is a watchpoint for Microsoft (MSFT) given its multiyear partnership with OpenAI and integration of GPT models across Copilot and Bing: source: Microsoft investment announcement January 2023; Microsoft earnings commentary. AI narrative strength has coincided with outperformance of AI-focused crypto assets such as FET and RNDR during prior narrative surges, making usage metrics a relevant input for crypto traders: source: Binance Research; Kaiko Research. Traders can monitor Similarweb traffic and Sensor Tower app-download trends into September to anticipate any narrative re-acceleration that could influence AI-exposed equities and AI-linked tokens: source: Similarweb; Sensor Tower.