[{"data":1,"prerenderedAt":113},["ShallowReactive",2],{"story-9704-cn":3},{"id":4,"slug":5,"slugs":5,"currentSlug":5,"title":6,"subtitle":7,"coverImagesSmall":8,"coverImages":9,"content":22,"questions":23,"relatedArticles":33,"body_color":111,"card_color":112},"9704",null,"伟大的 AI 清算：技术承诺与经济现实的碰撞","- 面向电商创新者的 AI 市场新兴调整应对策略",[],[10,11,12,13,14,15,16,17,18,19,20,21],"https://substackcdn.com/image/fetch/$s_!I8iZ!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F52bc7000-f7bb-4105-bb8e-627da118c51d_1142x2194.jpeg","https://compote.slate.com/images/4a9c05af-26a1-4d2c-b8ec-8b349fe2e0f0.jpeg?crop=1560%2C1040%2Cx0%2Cy0&width=1200","https://barchart-news-media-prod.aws.barchart.com/EXCLSV/4c48cf62b323ce3cc7e51ef126930b3f/cwos52ucuuzkitwp.png","https://media.barchart.com/contributors-admin/common-images/images/Stocks%2C%20Markets%2C%20%26%20Global%20Economy/Magnificent%207/A%20hand%20holding%20a%20smartphone%20with%20the%20logos%20for%20Magnificent%207%20companies_%20Image%20by%20gguy%20via%20Shutterstock_.jpg","https://edgemarkets-transferred.s3-ap-southeast-1.amazonaws.com/styles/article_detail_v2/s3/shutterstock_2668715631_RGB.jpg?B4vwcLFSnuiGMfD43DloHK_LZ4BXoDSI","https://menafn.com/updates/pr/2025-12/25/KT_210ebimage_story.jpeg","https://journalrecord.com/files/2023/02/Chas-Craig-300x300.jpg","https://newsfile.futunn.com/public/NN-PersistNewsContentImage/7781/20251226/0-a0fa682da949508e7223bb9aa098f1ad-0-74f2bc76f24fe4b6210f54827e0fd393.png/big","https://images.ft.com/v3/image/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F1077470f-4037-469a-a1ea-cb7adeb6c030.jpg?source=next-article&fit=scale-down&quality=highest&width=700&dpr=1","https://i.dailymail.co.uk/1s/2025/12/19/17/104887423-0-image-a-3_1766167072638.jpg","https://www.cryptopolitan.com/wp-content/uploads/2025/12/Monetizers-vs-manufactures-How-the-AI-market-could-splinter-in-2026.webp","https://th.bing.com/th?id=ORMS.492afdb24e8d9b039b16ca3c5eaed5bc&pid=Wdp","**人工智能领域**正经历一个深刻的关键再评估时刻，技术能力正与经济可持续性发生正面碰撞。截至2025年，人工智能生态系统正处于一个关键的转折点，其特征是卓越的技术潜力与根本的盈利能力挑战之间日益脱节。\n\n**总额约为1万亿美元的巨额投资**助长了一个人工智能泡沫，该泡沫现在正显示出显著的结构性脆弱性。像加里·马库斯这样的著名研究人员正在强调**大型语言模型（LLMs）**中固有的设计问题，这些问题超出了暂时的技术故障范畴。这些不仅仅是实施挑战，而是限制真正世界建模和经济可扩展性的基本架构约束。\n\n对于跨境电商卖家来说，这预示着一个关键的转变。**人工智能整合策略**必须从广泛、不明确的技术采用转向以目标为导向、可衡量的用例。投机性的人工智能投资时代正在让位于一种更务实的方法，这种方法要求具体的业务成果。卖家现在必须通过即时运营效率和可证明的投资回报率的视角来仔细评估人工智能投资。\n\n市场影响是深远的。我们正在见证潜在的**市场重新校准**，这可能包括：\n- 减少对生成式人工智能应用的投机性投资\n- 加强对人工智能项目可行性的审查\n- 转向更强大、可靠且具有真正理解力的人工智能模型\n- 战略性地缩减未定义的人工智能驱动的产品开发\n\n核心挑战不在于人工智能的技术潜力，而在于其经济可行性。电商平台和卖家现在必须驾驭一个创新必须与实际实施紧密结合的局面。人工智能泡沫并没有破裂，而是在转型——要求对技术整合采取更成熟、注重结果的方法。",[24,27,30],{"title":25,"answer":26,"author":5,"avatar":5,"time":5},"鉴于人工智能市场重新评估，电商卖家应该怎么做？","卖家应该从广泛采用人工智能转向战略性、可衡量的用例。 重点关注能够展示即时运营效率的特定人工智能应用，仔细评估投资潜力，并优先考虑实际的业务成果，而不是投机性的技术整合。",{"title":28,"answer":29,"author":5,"avatar":5,"time":5},"为什么专家认为人工智能市场可能面临回调？","像 Gary Marcus 这样的专家指出当前 AI 架构存在根本性的局限，包括 1 万亿美元的投资却没有相应的经济回报。 大型语言模型缺乏可靠的世界模型，这造成了结构性约束，限制了真正的商业应用和盈利能力。",{"title":31,"answer":32,"author":5,"avatar":5,"time":5},"人工智能技术是变得价值降低，还是仅仅受到了更严格的评估？","人工智能技术仍然具有价值，但市场正从投机性投资转向更成熟、注重结果的模式。这种调整表明需要更强大、更实用的 AI 模型，这些模型能够带来真正的商业价值，而不是彻底否定人工智能的潜力。",[34,39,43,48,53,57,61,66,70,73,78,83,86,91,95,99,103,108],{"id":35,"title":36,"source":37,"logo":15,"time":38},153340,"Why The AI Rally (And The Bubble Talk) Could Continue Next Year","https://menafn.com/1110524982/Why-The-AI-Rally-And-The-Bubble-Talk-Could-Continue-Next-Year","2天前",{"id":40,"title":41,"source":42,"logo":5,"time":38},153341,"AI Rally and Bubble Concerns Persist as Tech Giants Invest Heavily","https://scanx.trade/stock-market-news/global/ai-rally-and-bubble-talk-expected-to-continue-as-investment-surge-drives-market-concerns/28181103",{"id":44,"title":45,"source":46,"logo":10,"time":47},155364,"The AI bubble is all over now, baby blue","https://garymarcus.substack.com/p/the-ai-bubble-is-all-over-now-baby","17小时前",{"id":49,"title":50,"source":51,"logo":20,"time":52},153342,"AI market sees division between software monetizers and hardware builders","https://www.cryptopolitan.com/ai-market-monetizers-and-chip-builders/","1天前",{"id":54,"title":55,"source":56,"logo":5,"time":52},153343,"I Asked ChatGPT What Will Happen To the Stock Market If the AI Bubble Bursts","https://www.aol.com/finance/asked-chatgpt-happen-stock-market-145705706.html",{"id":58,"title":59,"source":60,"logo":5,"time":38},153344,"Is The Artificial Intelligence Bubble About to Pop?","https://www.aol.com/finance/artificial-intelligence-bubble-pop-122000683.html",{"id":62,"title":63,"source":64,"logo":5,"time":65},155347,"AI Bubble Fears Scaring You Off? Buy This Magnificent 7 Stock for Stability.","https://finance.yahoo.com/news/ai-bubble-fears-scaring-off-123002824.html","19小时前",{"id":67,"title":68,"source":69,"logo":19,"time":38},153345,"Will the AI bubble burst in 2026? Experts reveal the red flags","https://www.thisismoney.co.uk/money/investing/article-15400179/Will-AI-bubble-burst-2026-Experts-say-plenty-warning-signs-investors-exposed.html",{"id":71,"title":63,"source":72,"logo":13,"time":65},155346,"https://www.barchart.com/story/news/36794104/ai-bubble-fears-scaring-you-off-buy-this-magnificent-7-stock-for-stability",{"id":74,"title":75,"source":76,"logo":16,"time":77},153346,"Capital Perspectives: Bubble hallmarks","https://journalrecord.com/2025/12/23/capital-perspectives-ai-investing-bubble-hallmarks/","3天前",{"id":79,"title":80,"source":81,"logo":18,"time":82},153347,"Year in a word: AI bubble","https://www.ft.com/content/3e411742-b6bb-40c2-9432-4ee6f562af8f","4天前",{"id":84,"title":63,"source":85,"logo":12,"time":65},155348,"https://markets.financialcontent.com/wral/article/barchart-2025-12-26-ai-bubble-fears-scaring-you-off-buy-this-magnificent-7-stock-for-stability",{"id":87,"title":88,"source":89,"logo":21,"time":90},153337,"Forbes: AI bubble risks dot-com-style crash","https://www.msn.com/en-us/money/news/forbes-ai-bubble-risks-dot-com-style-crash/vi-AA1T4lwy?ocid=finance-verthp-feeds","20小时前",{"id":92,"title":93,"source":94,"logo":5,"time":82},153348,"David Rosenberg: AI investing frenzy is a 'classic bubble'","https://financialpost.com/investing/david-rosenberg-ai-investing-frenzy-bubble",{"id":96,"title":97,"source":98,"logo":14,"time":52},153338,"Is the AI boom a bubble or a bet on execution?","https://www.theedgesingapore.com/digitaledge/artificial-intelligence/ai-boom-bubble-or-bet-execution",{"id":100,"title":101,"source":102,"logo":17,"time":52},153339,"Monetizers vs. Creators: The AI Market May Face a Split Landscape by 2026","https://news.futunn.com/en/post/66649857/monetizers-vs-creators-the-ai-market-may-face-a-split",{"id":104,"title":105,"source":106,"logo":11,"time":107},153492,"Is the A.I. Bubble Bursting? | 2025 in Review","https://slate.com/podcasts/what-next-tbd/2025/12/artificial-intelligence-isnt-a-viable-business-but-investors-are-acting-like-it-is-review","22小时前",{"id":109,"title":55,"source":110,"logo":5,"time":52},153493,"https://finance.yahoo.com/news/asked-chatgpt-happen-stock-market-145705424.html","#717ad2ff","#717ad24d",1766795260039]