[{"data":1,"prerenderedAt":113},["ShallowReactive",2],{"story-9704-tw":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,"偉大的人工智慧清算：科技承諾遇上經濟現實","- 電商創新者應對新興 AI 市場調整",[],[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","人工智慧領域正經歷深刻的關鍵重估時刻，科技能力正與經濟可持續性正面碰撞。截至 2025 年，AI 生態系統正處於關鍵轉折點，其特徵是卓越的科技潛力與根本盈利能力挑戰之間日益擴大的脫節。\n\n總計約 1 兆美元的巨額投資推動了一個 AI 泡沫，目前正顯現出重大的結構性弱點。像 Gary Marcus 這樣的傑出研究人員正在強調**大型語言模型 (LLM)** 中固有的設計問題，這些問題超越了暫時的技術故障。這些不僅僅是實施挑戰，而是限制真正世界建模和經濟可擴展性的基本架構限制。\n\n對於跨境電商賣家來說，這預示著一個關鍵的轉變。**AI 整合策略** 必須從廣泛、未定義的技術採用轉向高度集中、可衡量的用例。投機性 AI 投資的時代正在讓位給一種更務實的方法，這種方法需要具體的業務成果。賣家現在必須透過立即可行的運營效率和可證明的投資回報的視角，仔細評估 AI 投資。\n\n市場影響是深遠的。我們正在見證潛在的**市場重新校準**，其中可能包括：\n- 減少對生成式 AI 應用的投機性投資\n- 加強對 AI 專案可行性的審查\n- 轉向更強大、更可靠、具有真正理解力的 AI 模型\n- 策略性縮減未定義的 AI 驅動產品開發\n\n核心挑戰不在於 AI 的技術潛力，而在於其經濟可行性。電商平台和賣家現在必須在一個創新必須與實際實施緊密結合的環境中航行。AI 泡沫並沒有破裂，而是在轉型——這需要一種更成熟、注重結果的技術整合方法。",[24,27,30],{"title":25,"answer":26,"author":5,"avatar":5,"time":5},"面對 AI 市場重新評估，電商賣家應如何應對？","賣家應從廣泛採用 AI 轉向策略性、可衡量的應用案例。重點關注能展現即時營運效率的特定 AI 應用，仔細評估投資潛力，並優先考慮具體的業務成果，而非投機性的技術整合。",{"title":28,"answer":29,"author":5,"avatar":5,"time":5},"專家為何認為 AI 市場可能面臨調整？","像蓋瑞·馬庫斯這樣的專家指出目前 AI 結構存在根本性的限制，包括一兆美元的投資卻沒有相應的經濟回報。大型語言模型缺乏可靠的世界模型，這造成了結構性的約束，限制了真正的商業應用和盈利能力。",{"title":31,"answer":32,"author":5,"avatar":5,"time":5},"人工智能技術的價值是降低了，還是僅僅受到了更嚴格的評估？","人工智慧技術仍然具有價值，但市場正從投機性投資轉向更成熟、以成果為導向的模式。 這次調整預示著需要更強大、更實用的 AI 模型，這些模型能夠帶來真正的商業價值，而非全面否定 AI 的潛力。",[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小時前",{"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小時前",{"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小時前",{"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小時前",{"id":109,"title":55,"source":110,"logo":5,"time":52},153493,"https://finance.yahoo.com/news/asked-chatgpt-happen-stock-market-145705424.html","#a34a26ff","#a34a264d",1766795270091]