市场还担忧 AI 会加大定价压力并削弱企业护城河。软件企业原有的竞争优势可能被 AI 侵蚀,增长前景更加不确定,这让投资者难以判断合理估值,导致市场情绪偏向“卖出”。Piper Sandler 已经下调了 Adobe、Freshworks、Vertex 等公司的评级,分析师认为“席位压缩”和“氛围编码”趋势可能限制估值上限。
There is this interesting question about how much product and marketing and vibes and lore correlate. Did we forgive Sierra On-Line the numerous flaws of their games because we liked the company? Do we love Panic because we like what they do, or because of how they do it? Did Google put doodles on its homepage to distract people from more nefarious things, or because it just felt like a fun way to celebrate things? Is there such a thing as pure selflessness? What is the nature of free will?,推荐阅读搜狗输入法2026获取更多信息
"id": "83be0101-0565-4e26-84ba-dcca600fb761",。业内人士推荐heLLoword翻译官方下载作为进阶阅读
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