{"id":51376,"topic":"ai","source":"k.sina.com.cn","title":"大模型暴利终结，哪些AI公司会最先被淘汰？ - k.sina.com.cn","url":"https://k.sina.com.cn/article_7879923512_1d5ae173806801fcy6.html?from=tech","url_hash":"28810648ecfb54cca03c850b2b173469dca21909","author":"","summary":"<a href=\"https://news.google.com/rss/articles/CBMif0FVX3lxTE1jMHotU0l6VWRJTUF5WkZET0wtWG9pWDg0X3M3WWlpLTdSdnN0VzhnbG5WR0h3UlNULVFQZEh2WjlISzc5QWlZb0dFUTNwZ2lPd01MNkVzWGNRZTZNcWhWeTB0NFhpckRNMUtGamVfRUh4NzdTYkdHVG9NM2lLR0E?oc=5\" target=\"_blank\">大模型暴利终结，哪些AI公司会最先被淘汰？</a>&nbsp;&nbsp;<font color=\"#6f6f6f\">k.sina.com.cn</font>","content":"ãã大模åè¡ä¸ä»æªçæ£âæ´å©âï¼å½èµæ¬åäºéæ½®ãå¼æºæ¨¡åå´èµ·ãåè´¨åç«äºå å§ï¼æ¾ç»é 讲æ äºèèµçAIå ¬å¸æ£è¿æ¥æ®é ·æ´çââ缺ä¹æ ¸å¿ææ¯ã没æè½å°åºæ¯ãæ æ³å®ç°åä¸éç¯ç纯模åç©å®¶å°æå 被æ·æ±°åºå±ã\nããä¸ãæ´å©ç»ç»ï¼ä»ä¿¡ä»°å®ä»·å°è´¢æ¥å®ä»·çæ®é ·åæ¢\nããâæ´å©âæ¬å°±æ¯ä¼ªå½é¢ï¼å¤§æ¨¡åè¡ä¸ä»ç¬¬ä¸å¤©èµ·å°±æ¯âæ´ææ¬è¡ä¸âââè®ç»é¡¶çº§æ¨¡åç§é±æ°äº¿ç¾å ï¼æ¨çææ¬ætoken计费ï¼å¼æºæ¨¡åæ´æAPIä»·æ ¼æå°å°æ¿ãæè°âæ´å©æ¶ä»£ç»ç»âï¼å®è´¨æ¯å¸åºä»âä¿¡ä»°å®ä»·âåæ¢å°äºâè´¢æ¥å®ä»·âã\nããèµæ¬é»è¾å½»åºé转ï¼æèµäººä¸å为AGIæ äºä¹°åï¼è½¬è追é®âæ¶å ¥å¤ä¸å¤ï¼å©æ¶¦å¨åªéï¼ç§é±å°ä½æ¶ï¼âãå ¨çAIè³ä»æªè¯ç大è§æ¨¡ãé«æ¶ççå ¨æ°åä¸åºæ¯ï¼ç»å¤§å¤æ°åºç¨åçå¨ä¼åæçãè¾ å©åå ¬å±é¢ï¼æ æ³äº§çå¢éå·¨é¢å©æ¶¦ã\nããè¡ä¸è¿å ¥ç¡¬æ ¸æ·æ±°èµï¼æ¾ç»é PPTæ¿èèµçç©æ³å½»åºå¤±çµï¼ä¼°å¼èé«çAIåä¸å ¬å¸å éåºæ¸ ã头é¨å¤§å纷纷è°æ´æç¥ï¼åæ¢åæ°åå¤ç«èµï¼è½¬ååç´è¡ä¸æ·±èä¸çæä½ç³»æ建ã\nããäºãä¸ç±»AIå ¬å¸é¢ä¸´æç´æ¥åºæ¸ é£é©\nãã纯模åç©å®¶ï¼è¢«â管éåâç模åå±ï¼éç¨å¤§æ¨¡åè½åè¶äºåè´¨åï¼å¼æºæ¨¡åå¯ä½ä»·è¾¾å°80%ææï¼è°è¿æ¿ä¸ºé£20%å·®è·ä»10åä»·æ ¼ï¼æ¨¡åå±å©æ¶¦è¢«ä¸¥éæ¤åï¼æ²¦ä¸ºç±»ä¼¼å®åç³»ç»çåºç¡è®¾æ½ï¼å©æ¶¦å¾®èçè³äºæãæºè°±AIç纯模åå ¬å¸é«é¢äºæãè´åºå 积ï¼ä¼°å¼ä¾èµé¥è¿æªæ¥çå¢é¿é¢æï¼åä¸æ¨¡å¼èå¼±æ§å¸æ¾ã\nããè·é£åä¸å¢éï¼æ è½å°ï¼å¿ æ·æ±°ï¼è¿å»ä¸¤å¹´ç²ç®æå éç¨å¤§æ¨¡åãåªè®²æ¦å¿µæ è¥æ¶çä¸å°AIä¼ä¸æ¹é注ééåºã巨头æèµ·APIéä»·æï¼ç®åä¸èµéé¨æ§æç»æé«ï¼ç¼ºä¹è¡ä¸èµæºåè½å°åºæ¯ç纯模ååä¸é¡¹ç®çå空é´æç»ç¼©å°ã\nããåè´¨åC端åºç¨ï¼é»æ§èå¼±ï¼ç¨æ·é¶è¿ç§»ææ¬ï¼ChatGPTä»è´¹ä¼åå¹´æµå¤±çé«è¾¾42%ï¼ç¨æ·éæ¶å¯åæ¢å è´¹å¼æºå®¢æ·ç«¯ã没æèªææä½ç³»ç»ã硬件ç»ç«¯æ软件çæç»å®çAIå·¥å ·ï¼å¨ä»·æ ¼æåå¼æºæ¿ä»£ä¸ææ被ç¨æ·æå¼ã\nãã\nããä¸ãæ´»ä¸æ¥çå ¬å¸å ·å¤ä¸å¤§éå¾\nããç®åå·¥ç¨ä¸ææ¬æ§å¶è½åï¼æ¯æ¼çä¸åæ¯è°æ¨¡åæ´å¼ºï¼èæ¯è°ç®åå©ç¨çæ´é«ãæ¨çææ¬æ´ä½ãåä½æ´å°ãææ¡èªä¸»å¯æ§ç®åé群ãè½åä½è¿è¥ææ¬çç©å®¶å°ç´æ¥æ¿æçæ»è¯è¯æã\nããçå®åºæ¯è½å°ä¸åä¸éç¯ï¼AIä»·å¼å¿ é¡»åµå ¥å·¥ä¸ãéèãå»çãæ¿å¡çå®ä½ç»æµåºæ¯ï¼çæ£éæ¬å¢æãåé 产å¼ãè½å¤âæææä»è´¹âçåä¸æ¨¡å¼æè½ç©¿è¶å¨æââç¨AIæ¿å®¢æ·è§£å³å®é é®é¢ï¼ç´æ¥å享éæ¬å¢æçæ¶çã\nããçæå£åä¸åè§ä¿¡ä»»ï¼è ¾è®¯ãåèç巨头å°AIå åå°ç°æä¸å¡å¢å¼ºç«äºåï¼åæ¶æ°æ®å®å ¨ãç®æ³åè§ãå 容é£æ§æä¸ºå ¥åºç¡¬æ åãæ¥æå½æ°çº§åºç¨åå®æ´åä¸éç¯ççæåå ¬å¸å ·ææ å¯æ¯æçæé£é©ä¼å¿ã\nãã\n#èµåè¶é¦##è¾è¯´çæ# #èµåè¶é¦#\n#AIè¡ä¸è¦éæ°æ´çäº##AIè¡ä¸è¦éæ°\næ¬è½®AI泡沫æè´å½ç硬伤ï¼ä¸å¨ææ¯ï¼èå¨\n#AIè¡ä¸è¦éæ°æ´çäº# 1. èµæ¬é»è¾\n#AIè¡ä¸è¦éæ°æ´çäº# è¡ä¸å½»åºåå«é\n#AI大模åæ´å©æ¶ä»£å½»åºç»ç»# ä¸ã产ä¸\n#aiè¡ä¸è¦éæ°æ´çäº#AIè¡ä¸æ°ä¸è½®æ´\nç§æè´¢ç»è¯è®ºäººEd Zitronåäºä¸æ\nç®åå个大模åå ¬å¸ä¸æ¯æAIèå ¥èªå·±çç\n1. #èµåè¶é¦##è¾è¯´çæ# #èµåè¶é¦#\n2. #AIè¡ä¸è¦éæ°æ´çäº##AIè¡ä¸è¦éæ°\n3. æ¬è½®AI泡沫æè´å½ç硬伤ï¼ä¸å¨ææ¯ï¼èå¨\n4. #AIè¡ä¸è¦éæ°æ´çäº# 1. èµæ¬é»è¾\n5. #AIè¡ä¸è¦éæ°æ´çäº# è¡ä¸å½»åºåå«é\n6. #AI大模åæ´å©æ¶ä»£å½»åºç»ç»# ä¸ã产ä¸\n7. #aiè¡ä¸è¦éæ°æ´çäº#AIè¡ä¸æ°ä¸è½®æ´\n8. ç§æè´¢ç»è¯è®ºäººEd Zitronåäºä¸æ\n9. ç®åå个大模åå ¬å¸ä¸æ¯æAIèå ¥èªå·±çç\næ¬æç±AIçæ\n- 01 亮åé»å²©å²ï¼è§£æ¾å海空ååæ¼è®ï¼éæ 个å«å½å®¶æµ·ä¸æè¡\n- 02 Alphabetæ£éç¨åå°è¡å¼éèæ段æ©å¤§TPUééï¼èæ éèªå»ºå ¨é¨æ°æ®ä¸å¿ãä¸å°ä¸å¹´æ¶é´éï¼å ¶ç§èµæ ä¿è§æ¨¡ä»65亿ç¾å å¢è³438亿ç¾å ã\n- 03 é»å·´å«©åéæ»å¸ä»¤ï¼æå½æ¯ä¸å¯¸åå°é½çæåºå½å±äºæ们ï¼æ们æç»ä»¥è²åæç»å é¢æ¬å½ä»»ä½é¢åã\n- 04 ç¼çä¸å½æºå¨äººé¢è·ï¼ç¾å½æ¥äºï¼\n- 05 ä¿å称大è§æ¨¡æå»åºè¾ è®°è ç´å»éè¢ç°åº\næ°åªä½å®éªå®¤\n举æ¥é®ç®±ï¼jubao@vip.sina.com","image_url":"http://n.sinaimg.cn/sinakd20260802ac/262/w690h372/20260802/9aca-d65c418efe4e303e9ca9627b0a394258.jpg","lang":"zh","published_at":"2026-08-01T20:58:18+00:00","fetched_at":"2026-08-01T21:15:07+00:00","status":"read","starred":0,"extract_state":"ok","summary_auto":"ãã大模åè¡ä¸ä»æªçæ£âæ´å©âï¼å½èµæ¬åäºéæ½®ãå¼æºæ¨¡åå´èµ·ãåè´¨åç«äºå å§ï¼æ¾ç»é 讲æ äºèèµçAIå ¬å¸æ£è¿æ¥æ®é ·æ´çââ缺ä¹æ ¸å¿ææ¯ã没æè½å°åºæ¯ãæ æ³å®ç°åä¸éç¯ç纯模åç©å®¶å°æå 被æ·æ±°åºå±ã\nããä¸ãæ´å©ç»ç»ï¼ä»ä¿¡ä»°å®ä»·å°è´¢æ¥å®ä»·çæ®é ·åæ¢\nããâæ´å©âæ¬å°±æ¯ä¼ªå½é¢ï¼å¤§æ¨¡åè¡ä¸ä»ç¬¬ä¸å¤©èµ·å°±æ¯âæ´ææ¬è¡ä¸âââè®ç»é¡¶çº§æ¨¡åç§é±æ°äº¿ç¾å ï¼æ¨çææ¬ætoken计费ï¼å¼æºæ¨¡åæ´æAPIä»·æ ¼æå°å°æ¿ãæè°âæ´å©æ¶ä»£ç»ç»âï¼å®è´¨æ¯å¸åºä»âä¿¡ä»°å®ä»·âåæ¢å°äºâè´¢æ¥å®ä»·âã\nããèµæ¬é»è¾å½»åºé转ï¼æèµäººä¸å为AGIæ äºä¹°åï¼è½¬è追é®âæ¶å ¥å¤ä¸å¤ï¼å©æ¶¦å¨åªéï¼ç§é±å°ä½æ¶ï¼âãå ¨çAIè³ä»æªè¯ç大è§æ¨¡ãé«æ¶ççå ¨æ°åä¸åºæ¯ï¼ç»å¤§å¤æ°åºç¨åçå¨ä¼åæçãè¾ å©åå ¬å±é¢ï¼æ æ³äº§çå¢éå·¨é¢å©æ¶¦ã\nããè¡ä¸è¿å ¥ç¡¬æ ¸æ·æ±°èµï¼æ¾ç»é PPTæ¿èèµçç©æ³å½»åºå¤±çµï¼ä¼°å¼èé«çAIåä¸å ¬å¸å éåºæ¸ ã头é¨å¤§å纷纷è°æ´æç¥ï¼åæ¢åæ°åå¤ç«èµï¼è½¬ååç´è¡ä¸æ·±èä¸çæä½ç³»æ建ã\nããäºãä¸ç±»AIå ¬å¸é¢ä¸´æç´æ¥åºæ¸ é£é©\nãã纯模åç©å®¶ï¼è¢«â管éåâç模åå±ï¼éç¨å¤§æ¨¡åè½åè¶äºåè´¨åï¼å¼æºæ¨¡åå¯ä½ä»·è¾¾å°80%ææï¼è°è¿æ¿ä¸ºé£20%å·®è·ä»10åä»·æ ¼ï¼æ¨¡åå±å©æ¶¦è¢«ä¸¥éæ¤åï¼æ²¦ä¸ºç±»ä¼¼å®åç³»ç»çåºç¡è®¾æ½ï¼å©æ¶¦å¾®èçè³äºæãæºè°±AIç纯模åå ¬å¸é«é¢äºæãè´åºå 积ï¼ä¼°å¼ä¾èµé¥è¿æªæ¥çå¢é¿é¢æï¼åä¸æ¨¡å¼èå¼±æ§å¸æ¾ã\nããè·é£åä¸å¢éï¼æ è½å°ï¼å¿ æ·æ±°ï¼è¿å»ä¸¤å¹´ç²ç®æå éç¨å¤§æ¨¡åãåªè®²æ¦å¿µæ è¥æ¶çä¸å°AIä¼ä¸æ¹é注ééåºã巨头æèµ·APIéä»·æï¼ç®åä¸èµéé¨æ§æç»æé«ï¼ç¼ºä¹è¡ä¸èµæºåè½å°åºæ¯ç纯模ååä¸é¡¹ç®çå空é´æç»ç¼©å°ã\nããåè´¨åC端åºç¨ï¼é»æ§èå¼±ï¼ç¨æ·é¶è¿ç§»ææ¬ï¼ChatGPTä»è´¹ä¼åå¹´æµå¤±çé«è¾¾42%ï¼ç¨æ·éæ¶å¯åæ¢å è´¹å¼æºå®¢æ·ç«¯ã没æèªææä½ç³»ç»ã硬件ç»ç«¯æ软件çæç»å®çAIå·¥å ·ï¼å¨ä»·æ ¼æåå¼æºæ¿ä»£ä¸ææ被ç¨æ·æå¼ã\nãã\nããä¸ãæ´»ä¸æ¥çå ¬å¸å ·å¤ä¸å¤§éå¾\nããç®åå·¥ç¨ä¸ææ¬æ§å¶è½åï¼æ¯æ¼çä¸åæ¯è°æ¨¡åæ´å¼ºï¼èæ¯è°ç®åå©ç¨çæ´é«ãæ¨çææ¬æ´ä½ãåä½æ´å°ãææ¡èªä¸»å¯æ§ç®åé群ãè½åä½è¿è¥ææ¬çç©å®¶å°ç´æ¥æ¿æçæ»è¯è¯æã\nããçå®åºæ¯è½å°ä¸åä¸éç¯ï¼AIä»·å¼å¿ é¡»åµå ¥å·¥ä¸ãéèãå»çãæ¿å¡çå®ä½ç»æµåºæ¯ï¼çæ£éæ¬å¢æãåé 产å¼ãè½å¤âæææä»è´¹âçåä¸æ¨¡å¼æè½ç©¿è¶å¨æââç¨AIæ¿å®¢æ·è§£å³å®é é®é¢ï¼ç´æ¥å享éæ¬å¢æçæ¶çã\nããçæå£åä¸åè§ä¿¡ä»»ï¼è ¾è®¯ãåèç巨头å°AIå åå°ç°æä¸å¡å¢å¼ºç«äºåï¼åæ¶æ°æ®å®å ¨ãç®æ³åè§ãå 容é£æ§æä¸ºå ¥åºç¡¬æ åãæ¥æå½æ°çº§åºç¨åå®æ´åä¸éç¯ççæåå ¬å¸å ·ææ å¯æ¯æçæé£é©ä¼å¿ã\nãã\n#èµåè¶é¦##è¾è¯´çæ# #èµåè¶é¦#\n#AIè¡ä¸è¦éæ°æ´çäº##AIè¡ä¸è¦éæ°\næ¬è½®AI泡沫æè´å½ç硬伤ï¼ä¸å¨ææ¯ï¼èå¨\n#AIè¡ä¸è¦éæ°æ´çäº# 1. èµæ¬é»è¾\n#AIè¡ä¸è¦éæ°æ´çäº# è¡ä¸å½»åºåå«é\n#AI大模åæ´å©æ¶ä»£å½»åºç»ç»# ä¸ã产ä¸\n#aiè¡ä¸è¦éæ°æ´çäº#AIè¡ä¸æ°ä¸è½®æ´\nç§æè´¢ç»è¯è®ºäººEd Zitronåäºä¸æ\nç®åå个大模åå ¬å¸ä¸æ¯æAIèå ¥èªå·±çç\n1.","cluster_id":null,"extract_retries":0,"extract_error":null,"contract_version":"news_item.v1","format_contract_version":"news_item_formats.v1","dedup_url":"https://k.sina.com.cn/article_7879923512_1d5ae173806801fcy6.html?from=tech","quality_profile":{"profile_version":"extraction_quality.v2","bucket":"high","confidence":0.9,"failure_kind":"none","retryable":false,"retry_after_attempts":0,"reason":"High confidence: full text extraction produced 3065 characters.","operator_guidance":{"severity":"ok","recommended_action":"trust_full_text","next_step":"Use the extracted full text as the primary article source.","operator_label":"Ready","can_retry":false,"can_use_summary":false,"diagnostics_required":false},"content_depth":{"contract_version":"content_depth.v1","category":"full_text","label":"Full text","has_full_text":true,"has_summary":true,"content_length":3065,"summary_length":2325,"usable_text_length":3065,"source_field":"content"},"legacy_collapsed":false,"signals":{"extract_state":"ok","extract_error":null,"extract_retries":0,"content_length":3065,"summary_length":2325}},"news_item":{"id":51376,"canonical_url":"https://k.sina.com.cn/article_7879923512_1d5ae173806801fcy6.html?from=tech","source_url":"https://k.sina.com.cn/article_7879923512_1d5ae173806801fcy6.html?from=tech","title":"大模型暴利终结，哪些AI公司会最先被淘汰？ - k.sina.com.cn","source_name":"k.sina.com.cn","author":null,"published_at":"2026-08-01T20:58:18+00:00","locale":"zh","topic":"ai","tags":[],"rss_summary":"<a href=\"https://news.google.com/rss/articles/CBMif0FVX3lxTE1jMHotU0l6VWRJTUF5WkZET0wtWG9pWDg0X3M3WWlpLTdSdnN0VzhnbG5WR0h3UlNULVFQZEh2WjlISzc5QWlZb0dFUTNwZ2lPd01MNkVzWGNRZTZNcWhWeTB0NFhpckRNMUtGamVfRUh4NzdTYkdHVG9NM2lLR0E?oc=5\" target=\"_blank\">大模型暴利终结，哪些AI公司会最先被淘汰？</a>&nbsp;&nbsp;<font color=\"#6f6f6f\">k.sina.com.cn</font>","full_text":"ãã大模åè¡ä¸ä»æªçæ£âæ´å©âï¼å½èµæ¬åäºéæ½®ãå¼æºæ¨¡åå´èµ·ãåè´¨åç«äºå å§ï¼æ¾ç»é 讲æ äºèèµçAIå ¬å¸æ£è¿æ¥æ®é ·æ´çââ缺ä¹æ ¸å¿ææ¯ã没æè½å°åºæ¯ãæ æ³å®ç°åä¸éç¯ç纯模åç©å®¶å°æå 被æ·æ±°åºå±ã\nããä¸ãæ´å©ç»ç»ï¼ä»ä¿¡ä»°å®ä»·å°è´¢æ¥å®ä»·çæ®é ·åæ¢\nããâæ´å©âæ¬å°±æ¯ä¼ªå½é¢ï¼å¤§æ¨¡åè¡ä¸ä»ç¬¬ä¸å¤©èµ·å°±æ¯âæ´ææ¬è¡ä¸âââè®ç»é¡¶çº§æ¨¡åç§é±æ°äº¿ç¾å ï¼æ¨çææ¬ætoken计费ï¼å¼æºæ¨¡åæ´æAPIä»·æ ¼æå°å°æ¿ãæè°âæ´å©æ¶ä»£ç»ç»âï¼å®è´¨æ¯å¸åºä»âä¿¡ä»°å®ä»·âåæ¢å°äºâè´¢æ¥å®ä»·âã\nããèµæ¬é»è¾å½»åºé转ï¼æèµäººä¸å为AGIæ äºä¹°åï¼è½¬è追é®âæ¶å ¥å¤ä¸å¤ï¼å©æ¶¦å¨åªéï¼ç§é±å°ä½æ¶ï¼âãå ¨çAIè³ä»æªè¯ç大è§æ¨¡ãé«æ¶ççå ¨æ°åä¸åºæ¯ï¼ç»å¤§å¤æ°åºç¨åçå¨ä¼åæçãè¾ å©åå ¬å±é¢ï¼æ æ³äº§çå¢éå·¨é¢å©æ¶¦ã\nããè¡ä¸è¿å ¥ç¡¬æ ¸æ·æ±°èµï¼æ¾ç»é PPTæ¿èèµçç©æ³å½»åºå¤±çµï¼ä¼°å¼èé«çAIåä¸å ¬å¸å éåºæ¸ ã头é¨å¤§å纷纷è°æ´æç¥ï¼åæ¢åæ°åå¤ç«èµï¼è½¬ååç´è¡ä¸æ·±èä¸çæä½ç³»æ建ã\nããäºãä¸ç±»AIå ¬å¸é¢ä¸´æç´æ¥åºæ¸ é£é©\nãã纯模åç©å®¶ï¼è¢«â管éåâç模åå±ï¼éç¨å¤§æ¨¡åè½åè¶äºåè´¨åï¼å¼æºæ¨¡åå¯ä½ä»·è¾¾å°80%ææï¼è°è¿æ¿ä¸ºé£20%å·®è·ä»10åä»·æ ¼ï¼æ¨¡åå±å©æ¶¦è¢«ä¸¥éæ¤åï¼æ²¦ä¸ºç±»ä¼¼å®åç³»ç»çåºç¡è®¾æ½ï¼å©æ¶¦å¾®èçè³äºæãæºè°±AIç纯模åå ¬å¸é«é¢äºæãè´åºå 积ï¼ä¼°å¼ä¾èµé¥è¿æªæ¥çå¢é¿é¢æï¼åä¸æ¨¡å¼èå¼±æ§å¸æ¾ã\nããè·é£åä¸å¢éï¼æ è½å°ï¼å¿ æ·æ±°ï¼è¿å»ä¸¤å¹´ç²ç®æå éç¨å¤§æ¨¡åãåªè®²æ¦å¿µæ è¥æ¶çä¸å°AIä¼ä¸æ¹é注ééåºã巨头æèµ·APIéä»·æï¼ç®åä¸èµéé¨æ§æç»æé«ï¼ç¼ºä¹è¡ä¸èµæºåè½å°åºæ¯ç纯模ååä¸é¡¹ç®çå空é´æç»ç¼©å°ã\nããåè´¨åC端åºç¨ï¼é»æ§èå¼±ï¼ç¨æ·é¶è¿ç§»ææ¬ï¼ChatGPTä»è´¹ä¼åå¹´æµå¤±çé«è¾¾42%ï¼ç¨æ·éæ¶å¯åæ¢å è´¹å¼æºå®¢æ·ç«¯ã没æèªææä½ç³»ç»ã硬件ç»ç«¯æ软件çæç»å®çAIå·¥å ·ï¼å¨ä»·æ ¼æåå¼æºæ¿ä»£ä¸ææ被ç¨æ·æå¼ã\nãã\nããä¸ãæ´»ä¸æ¥çå ¬å¸å ·å¤ä¸å¤§éå¾\nããç®åå·¥ç¨ä¸ææ¬æ§å¶è½åï¼æ¯æ¼çä¸åæ¯è°æ¨¡åæ´å¼ºï¼èæ¯è°ç®åå©ç¨çæ´é«ãæ¨çææ¬æ´ä½ãåä½æ´å°ãææ¡èªä¸»å¯æ§ç®åé群ãè½åä½è¿è¥ææ¬çç©å®¶å°ç´æ¥æ¿æçæ»è¯è¯æã\nããçå®åºæ¯è½å°ä¸åä¸éç¯ï¼AIä»·å¼å¿ é¡»åµå ¥å·¥ä¸ãéèãå»çãæ¿å¡çå®ä½ç»æµåºæ¯ï¼çæ£éæ¬å¢æãåé 产å¼ãè½å¤âæææä»è´¹âçåä¸æ¨¡å¼æè½ç©¿è¶å¨æââç¨AIæ¿å®¢æ·è§£å³å®é é®é¢ï¼ç´æ¥å享éæ¬å¢æçæ¶çã\nããçæå£åä¸åè§ä¿¡ä»»ï¼è ¾è®¯ãåèç巨头å°AIå åå°ç°æä¸å¡å¢å¼ºç«äºåï¼åæ¶æ°æ®å®å ¨ãç®æ³åè§ãå 容é£æ§æä¸ºå ¥åºç¡¬æ åãæ¥æå½æ°çº§åºç¨åå®æ´åä¸éç¯ççæåå ¬å¸å ·ææ å¯æ¯æçæé£é©ä¼å¿ã\nãã\n#èµåè¶é¦##è¾è¯´çæ# #èµåè¶é¦#\n#AIè¡ä¸è¦éæ°æ´çäº##AIè¡ä¸è¦éæ°\næ¬è½®AI泡沫æè´å½ç硬伤ï¼ä¸å¨ææ¯ï¼èå¨\n#AIè¡ä¸è¦éæ°æ´çäº# 1. èµæ¬é»è¾\n#AIè¡ä¸è¦éæ°æ´çäº# è¡ä¸å½»åºåå«é\n#AI大模åæ´å©æ¶ä»£å½»åºç»ç»# ä¸ã产ä¸\n#aiè¡ä¸è¦éæ°æ´çäº#AIè¡ä¸æ°ä¸è½®æ´\nç§æè´¢ç»è¯è®ºäººEd Zitronåäºä¸æ\nç®åå个大模åå ¬å¸ä¸æ¯æAIèå ¥èªå·±çç\n1. #èµåè¶é¦##è¾è¯´çæ# #èµåè¶é¦#\n2. #AIè¡ä¸è¦éæ°æ´çäº##AIè¡ä¸è¦éæ°\n3. æ¬è½®AI泡沫æè´å½ç硬伤ï¼ä¸å¨ææ¯ï¼èå¨\n4. #AIè¡ä¸è¦éæ°æ´çäº# 1. èµæ¬é»è¾\n5. #AIè¡ä¸è¦éæ°æ´çäº# è¡ä¸å½»åºåå«é\n6. #AI大模åæ´å©æ¶ä»£å½»åºç»ç»# ä¸ã产ä¸\n7. #aiè¡ä¸è¦éæ°æ´çäº#AIè¡ä¸æ°ä¸è½®æ´\n8. ç§æè´¢ç»è¯è®ºäººEd Zitronåäºä¸æ\n9. ç®åå个大模åå ¬å¸ä¸æ¯æAIèå ¥èªå·±çç\næ¬æç±AIçæ\n- 01 亮åé»å²©å²ï¼è§£æ¾å海空ååæ¼è®ï¼éæ 个å«å½å®¶æµ·ä¸æè¡\n- 02 Alphabetæ£éç¨åå°è¡å¼éèæ段æ©å¤§TPUééï¼èæ éèªå»ºå ¨é¨æ°æ®ä¸å¿ãä¸å°ä¸å¹´æ¶é´éï¼å ¶ç§èµæ ä¿è§æ¨¡ä»65亿ç¾å å¢è³438亿ç¾å ã\n- 03 é»å·´å«©åéæ»å¸ä»¤ï¼æå½æ¯ä¸å¯¸åå°é½çæåºå½å±äºæ们ï¼æ们æç»ä»¥è²åæç»å é¢æ¬å½ä»»ä½é¢åã\n- 04 ç¼çä¸å½æºå¨äººé¢è·ï¼ç¾å½æ¥äºï¼\n- 05 ä¿å称大è§æ¨¡æå»åºè¾ è®°è ç´å»éè¢ç°åº\næ°åªä½å®éªå®¤\n举æ¥é®ç®±ï¼jubao@vip.sina.com","excerpt":"ãã大模åè¡ä¸ä»æªçæ£âæ´å©âï¼å½èµæ¬åäºéæ½®ãå¼æºæ¨¡åå´èµ·ãåè´¨åç«äºå å§ï¼æ¾ç»é 讲æ äºèèµçAIå ¬å¸æ£è¿æ¥æ®é ·æ´çââ缺ä¹æ ¸å¿ææ¯ã没æè½å°åºæ¯ãæ æ³å®ç°åä¸éç¯ç纯模åç©å®¶å°æå 被æ·æ±°åºå±ã\nããä¸ãæ´å©ç»ç»ï¼ä»ä¿¡ä»°å®ä»·å°è´¢æ¥å®ä»·çæ®é ·åæ¢\nããâæ´å©âæ¬å°±æ¯ä¼ªå½é¢ï¼å¤§æ¨¡åè¡ä¸ä»ç¬¬ä¸å¤©èµ·å°±æ¯âæ´ææ¬è¡ä¸âââè®ç»é¡¶çº§æ¨¡åç§é±æ°äº¿ç¾å ï¼æ¨çææ¬ætoken计费ï¼å¼æºæ¨¡åæ´æAPIä»·æ ¼æå°å°æ¿ãæè°âæ´å©æ¶ä»£ç»ç»âï¼å®è´¨æ¯å¸åºä»âä¿¡ä»°å®ä»·âåæ¢å°äºâè´¢æ¥å®ä»·âã\nããèµæ¬é»è¾å½»åºé转ï¼æèµäººä¸å为AGIæ äºä¹°åï¼è½¬è追é®âæ¶å ¥å¤ä¸å¤ï¼å©æ¶¦å¨åªéï¼ç§é±å°ä½æ¶ï¼âãå ¨çAIè³ä»æªè¯ç大è§æ¨¡ãé«æ¶ççå ¨æ°åä¸åºæ¯ï¼ç»å¤§å¤æ°åºç¨åçå¨ä¼åæçãè¾ å©åå ¬å±é¢ï¼æ æ³äº§çå¢éå·¨é¢å©æ¶¦ã\nããè¡ä¸è¿å ¥ç¡¬æ ¸æ·æ±°èµï¼æ¾ç»é PPTæ¿èèµçç©æ³å½»åºå¤±çµï¼ä¼°å¼èé«çAIåä¸å ¬å¸å éåºæ¸ ã头é¨å¤§å纷纷è°æ´æç¥ï¼åæ¢åæ°åå¤ç«èµï¼è½¬ååç´è¡ä¸æ·±èä¸çæä½ç³»æ建ã\nããäºãä¸ç±»AIå ¬å¸é¢ä¸´æç´æ¥åºæ¸ é£é©\nãã纯模åç©å®¶ï¼è¢«â管éåâç模åå±ï¼éç¨å¤§æ¨¡åè½åè¶äºåè´¨åï¼å¼æºæ¨¡åå¯ä½ä»·è¾¾å°80%ææï¼è°è¿æ¿ä¸ºé£20%å·®è·ä»10åä»·æ ¼ï¼æ¨¡åå±å©æ¶¦è¢«ä¸¥éæ¤åï¼æ²¦ä¸ºç±»ä¼¼å®åç³»ç»çåºç¡è®¾æ½ï¼å©æ¶¦å¾®èçè³äºæãæºè°±AIç纯模åå ¬å¸é«é¢äºæãè´åºå 积ï¼ä¼°å¼ä¾èµé¥è¿æªæ¥çå¢é¿é¢æï¼åä¸æ¨¡å¼èå¼±æ§å¸æ¾ã\nããè·é£åä¸å¢éï¼æ è½å°ï¼å¿ æ·æ±°ï¼è¿å»ä¸¤å¹´ç²ç®æå éç¨å¤§æ¨¡åãåªè®²æ¦å¿µæ è¥æ¶çä¸å°AIä¼ä¸æ¹é注ééåºã巨头æèµ·APIéä»·æï¼ç®åä¸èµéé¨æ§æç»æé«ï¼ç¼ºä¹è¡ä¸èµæºåè½å°åºæ¯ç纯模ååä¸é¡¹ç®çå空é´æç»ç¼©å°ã\nããåè´¨åC端åºç¨ï¼é»æ§èå¼±ï¼ç¨æ·é¶è¿ç§»ææ¬ï¼ChatGPTä»è´¹ä¼åå¹´æµå¤±çé«è¾¾42%ï¼ç¨æ·éæ¶å¯åæ¢å è´¹å¼æºå®¢æ·ç«¯ã没æèªææä½ç³»ç»ã硬件ç»ç«¯æ软件çæç»å®çAIå·¥å ·ï¼å¨ä»·æ ¼æåå¼æºæ¿ä»£ä¸ææ被ç¨æ·æå¼ã\nãã\nããä¸ãæ´»ä¸æ¥çå ¬å¸å ·å¤ä¸å¤§éå¾\nããç®åå·¥ç¨ä¸ææ¬æ§å¶è½åï¼æ¯æ¼çä¸åæ¯è°æ¨¡åæ´å¼ºï¼èæ¯è°ç®åå©ç¨çæ´é«ãæ¨çææ¬æ´ä½ãåä½æ´å°ãææ¡èªä¸»å¯æ§ç®åé群ãè½åä½è¿è¥ææ¬çç©å®¶å°ç´æ¥æ¿æçæ»è¯è¯æã\nããçå®åºæ¯è½å°ä¸åä¸éç¯ï¼AIä»·å¼å¿ é¡»åµå ¥å·¥ä¸ãéèãå»çãæ¿å¡çå®ä½ç»æµåºæ¯ï¼çæ£éæ¬å¢æãåé 产å¼ãè½å¤âæææä»è´¹âçåä¸æ¨¡å¼æè½ç©¿è¶å¨æââç¨AIæ¿å®¢æ·è§£å³å®é é®é¢ï¼ç´æ¥å享éæ¬å¢æçæ¶çã\nããçæå£åä¸åè§ä¿¡ä»»ï¼è ¾è®¯ãåèç巨头å°AIå åå°ç°æä¸å¡å¢å¼ºç«äºåï¼åæ¶æ°æ®å®å ¨ãç®æ³åè§ãå 容é£æ§æä¸ºå ¥åºç¡¬æ åãæ¥æå½æ°çº§åºç¨åå®æ´åä¸éç¯ççæåå ¬å¸å ·ææ å¯æ¯æçæé£é©ä¼å¿ã\nãã\n#èµåè¶é¦##è¾è¯´çæ# #èµåè¶é¦#\n#AIè¡ä¸è¦éæ°æ´çäº##AIè¡ä¸è¦éæ°\næ¬è½®AI泡沫æè´å½ç硬伤ï¼ä¸å¨ææ¯ï¼èå¨\n#AIè¡ä¸è¦éæ°æ´çäº# 1. èµæ¬é»è¾\n#AIè¡ä¸è¦éæ°æ´çäº# è¡ä¸å½»åºåå«é\n#AI大模åæ´å©æ¶ä»£å½»åºç»ç»# ä¸ã产ä¸\n#aiè¡ä¸è¦éæ°æ´çäº#AIè¡ä¸æ°ä¸è½®æ´\nç§æè´¢ç»è¯è®ºäººEd Zitronåäºä¸æ\nç®åå个大模åå ¬å¸ä¸æ¯æAIèå ¥èªå·±çç\n1.","extraction":{"state":"ok","confidence":0.9,"error":null,"explanation":"High confidence: full text extraction produced 3065 characters.","diagnostics_url":"/api/diagnose?url=https%3A//k.sina.com.cn/article_7879923512_1d5ae173806801fcy6.html%3Ffrom%3Dtech","quality_profile":{"profile_version":"extraction_quality.v2","bucket":"high","confidence":0.9,"failure_kind":"none","retryable":false,"retry_after_attempts":0,"reason":"High confidence: full text extraction produced 3065 characters.","operator_guidance":{"severity":"ok","recommended_action":"trust_full_text","next_step":"Use the extracted full text as the primary article source.","operator_label":"Ready","can_retry":false,"can_use_summary":false,"diagnostics_required":false},"content_depth":{"contract_version":"content_depth.v1","category":"full_text","label":"Full text","has_full_text":true,"has_summary":true,"content_length":3065,"summary_length":2325,"usable_text_length":3065,"source_field":"content"},"legacy_collapsed":false,"signals":{"extract_state":"ok","extract_error":null,"extract_retries":0,"content_length":3065,"summary_length":2325}}},"display_formats":["compact","card","full","digest_section","json"]},"daily_stack_record":{"title":"大模型暴利终结，哪些AI公司会最先被淘汰？ - k.sina.com.cn","url":"https://k.sina.com.cn/article_7879923512_1d5ae173806801fcy6.html?from=tech","summary":"ãã大模åè¡ä¸ä»æªçæ£âæ´å©âï¼å½èµæ¬åäºéæ½®ãå¼æºæ¨¡åå´èµ·ãåè´¨åç«äºå å§ï¼æ¾ç»é 讲æ äºèèµçAIå ¬å¸æ£è¿æ¥æ®é ·æ´çââ缺ä¹æ ¸å¿ææ¯ã没æè½å°åºæ¯ãæ æ³å®ç°åä¸éç¯ç纯模åç©å®¶å°æå 被æ·æ±°åºå±ã\nããä¸ãæ´å©ç»ç»ï¼ä»ä¿¡ä»°å®ä»·å°è´¢æ¥å®ä»·çæ®é ·åæ¢\nããâæ´å©âæ¬å°±æ¯ä¼ªå½é¢ï¼å¤§æ¨¡åè¡ä¸ä»ç¬¬ä¸å¤©èµ·å°±æ¯âæ´ææ¬è¡ä¸âââè®ç»é¡¶çº§æ¨¡åç§é±æ°äº¿ç¾å ï¼æ¨çææ¬ætoken计费ï¼å¼æºæ¨¡åæ´æAPIä»·æ ¼æå°å°æ¿ãæè°âæ´å©æ¶ä»£ç»ç»âï¼å®è´¨æ¯å¸åºä»âä¿¡ä»°å®ä»·âåæ¢å°äºâè´¢æ¥å®ä»·âã\nããèµæ¬é»è¾å½»åºé转ï¼æèµäººä¸å为AGIæ äºä¹°åï¼è½¬è追é®âæ¶å ¥å¤ä¸å¤ï¼å©æ¶¦å¨åªéï¼ç§é±å°ä½æ¶ï¼âãå ¨çAIè³ä»æªè¯ç大è§æ¨¡ãé«æ¶ççå ¨æ°åä¸åºæ¯ï¼ç»å¤§å¤æ°åºç¨åçå¨ä¼åæçãè¾ å©åå ¬å±é¢ï¼æ æ³äº§çå¢éå·¨é¢å©æ¶¦ã\nããè¡ä¸è¿å ¥ç¡¬æ ¸æ·æ±°èµï¼æ¾ç»é PPTæ¿èèµçç©æ³å½»åºå¤±çµï¼ä¼°å¼èé«çAIåä¸å ¬å¸å éåºæ¸ ã头é¨å¤§å纷纷è°æ´æç¥ï¼åæ¢åæ°åå¤ç«èµï¼è½¬ååç´è¡ä¸æ·±èä¸çæä½ç³»æ建ã\nããäºãä¸ç±»AIå ¬å¸é¢ä¸´æç´æ¥åºæ¸ é£é©\nãã纯模åç©å®¶ï¼è¢«â管éåâç模åå±ï¼éç¨å¤§æ¨¡åè½åè¶äºåè´¨åï¼å¼æºæ¨¡åå¯ä½ä»·è¾¾å°80%ææï¼è°è¿æ¿ä¸ºé£20%å·®è·ä»10åä»·æ ¼ï¼æ¨¡åå±å©æ¶¦è¢«ä¸¥éæ¤åï¼æ²¦ä¸ºç±»ä¼¼å®åç³»ç»çåºç¡è®¾æ½ï¼å©æ¶¦å¾®èçè³äºæãæºè°±AIç纯模åå ¬å¸é«é¢äºæãè´åºå 积ï¼ä¼°å¼ä¾èµé¥è¿æªæ¥çå¢é¿é¢æï¼åä¸æ¨¡å¼èå¼±æ§å¸æ¾ã\nããè·é£åä¸å¢éï¼æ è½å°ï¼å¿ æ·æ±°ï¼è¿å»ä¸¤å¹´ç²ç®æå éç¨å¤§æ¨¡åãåªè®²æ¦å¿µæ è¥æ¶çä¸å°AIä¼ä¸æ¹é注ééåºã巨头æèµ·APIéä»·æï¼ç®åä¸èµéé¨æ§æç»æé«ï¼ç¼ºä¹è¡ä¸èµæºåè½å°åºæ¯ç纯模ååä¸é¡¹ç®çå空é´æç»ç¼©å°ã\nããåè´¨åC端åºç¨ï¼é»æ§èå¼±ï¼ç¨æ·é¶è¿ç§»ææ¬ï¼ChatGPTä»è´¹ä¼åå¹´æµå¤±çé«è¾¾42%ï¼ç¨æ·éæ¶å¯åæ¢å è´¹å¼æºå®¢æ·ç«¯ã没æèªææä½ç³»ç»ã硬件ç»ç«¯æ软件çæç»å®çAIå·¥å ·ï¼å¨ä»·æ ¼æåå¼æºæ¿ä»£ä¸ææ被ç¨æ·æå¼ã\nãã\nããä¸ãæ´»ä¸æ¥çå ¬å¸å ·å¤ä¸å¤§éå¾\nããç®åå·¥ç¨ä¸ææ¬æ§å¶è½åï¼æ¯æ¼çä¸åæ¯è°æ¨¡åæ´å¼ºï¼èæ¯è°ç®åå©ç¨çæ´é«ãæ¨çææ¬æ´ä½ãåä½æ´å°ãææ¡èªä¸»å¯æ§ç®åé群ãè½åä½è¿è¥ææ¬çç©å®¶å°ç´æ¥æ¿æçæ»è¯è¯æã\nããçå®åºæ¯è½å°ä¸åä¸éç¯ï¼AIä»·å¼å¿ é¡»åµå ¥å·¥ä¸ãéèãå»çãæ¿å¡çå®ä½ç»æµåºæ¯ï¼çæ£éæ¬å¢æãåé 产å¼ãè½å¤âæææä»è´¹âçåä¸æ¨¡å¼æè½ç©¿è¶å¨æââç¨AIæ¿å®¢æ·è§£å³å®é é®é¢ï¼ç´æ¥å享éæ¬å¢æçæ¶çã\nããçæå£åä¸åè§ä¿¡ä»»ï¼è ¾è®¯ãåèç巨头å°AIå åå°ç°æä¸å¡å¢å¼ºç«äºåï¼åæ¶æ°æ®å®å ¨ãç®æ³åè§ãå 容é£æ§æä¸ºå ¥åºç¡¬æ åãæ¥æå½æ°çº§åºç¨åå®æ´åä¸éç¯ççæåå ¬å¸å ·ææ å¯æ¯æçæé£é©ä¼å¿ã\nãã\n#èµåè¶é¦##è¾è¯´çæ# #èµåè¶é¦#\n#AIè¡ä¸è¦éæ°æ´çäº##AIè¡ä¸è¦éæ°\næ¬è½®AI泡沫æè´å½ç硬伤ï¼ä¸å¨ææ¯ï¼èå¨\n#AIè¡ä¸è¦éæ°æ´çäº# 1. èµæ¬é»è¾\n#AIè¡ä¸è¦éæ°æ´çäº# è¡ä¸å½»åºåå«é\n#AI大模åæ´å©æ¶ä»£å½»åºç»ç»# ä¸ã产ä¸\n#aiè¡ä¸è¦éæ°æ´çäº#AIè¡ä¸æ°ä¸è½®æ´\nç§æè´¢ç»è¯è®ºäººEd Zitronåäºä¸æ\nç®åå个大模åå ¬å¸ä¸æ¯æAIèå ¥èªå·±çç\n1.","source":"k.sina.com.cn","date":"2026-08-01T20:58:18+00:00","content":"ãã大模åè¡ä¸ä»æªçæ£âæ´å©âï¼å½èµæ¬åäºéæ½®ãå¼æºæ¨¡åå´èµ·ãåè´¨åç«äºå å§ï¼æ¾ç»é 讲æ äºèèµçAIå ¬å¸æ£è¿æ¥æ®é ·æ´çââ缺ä¹æ ¸å¿ææ¯ã没æè½å°åºæ¯ãæ æ³å®ç°åä¸éç¯ç纯模åç©å®¶å°æå 被æ·æ±°åºå±ã\nããä¸ãæ´å©ç»ç»ï¼ä»ä¿¡ä»°å®ä»·å°è´¢æ¥å®ä»·çæ®é ·åæ¢\nããâæ´å©âæ¬å°±æ¯ä¼ªå½é¢ï¼å¤§æ¨¡åè¡ä¸ä»ç¬¬ä¸å¤©èµ·å°±æ¯âæ´ææ¬è¡ä¸âââè®ç»é¡¶çº§æ¨¡åç§é±æ°äº¿ç¾å ï¼æ¨çææ¬ætoken计费ï¼å¼æºæ¨¡åæ´æAPIä»·æ ¼æå°å°æ¿ãæè°âæ´å©æ¶ä»£ç»ç»âï¼å®è´¨æ¯å¸åºä»âä¿¡ä»°å®ä»·âåæ¢å°äºâè´¢æ¥å®ä»·âã\nããèµæ¬é»è¾å½»åºé转ï¼æèµäººä¸å为AGIæ äºä¹°åï¼è½¬è追é®âæ¶å ¥å¤ä¸å¤ï¼å©æ¶¦å¨åªéï¼ç§é±å°ä½æ¶ï¼âãå ¨çAIè³ä»æªè¯ç大è§æ¨¡ãé«æ¶ççå ¨æ°åä¸åºæ¯ï¼ç»å¤§å¤æ°åºç¨åçå¨ä¼åæçãè¾ å©åå ¬å±é¢ï¼æ æ³äº§çå¢éå·¨é¢å©æ¶¦ã\nããè¡ä¸è¿å ¥ç¡¬æ ¸æ·æ±°èµï¼æ¾ç»é PPTæ¿èèµçç©æ³å½»åºå¤±çµï¼ä¼°å¼èé«çAIåä¸å ¬å¸å éåºæ¸ ã头é¨å¤§å纷纷è°æ´æç¥ï¼åæ¢åæ°åå¤ç«èµï¼è½¬ååç´è¡ä¸æ·±èä¸çæä½ç³»æ建ã\nããäºãä¸ç±»AIå ¬å¸é¢ä¸´æç´æ¥åºæ¸ é£é©\nãã纯模åç©å®¶ï¼è¢«â管éåâç模åå±ï¼éç¨å¤§æ¨¡åè½åè¶äºåè´¨åï¼å¼æºæ¨¡åå¯ä½ä»·è¾¾å°80%ææï¼è°è¿æ¿ä¸ºé£20%å·®è·ä»10åä»·æ ¼ï¼æ¨¡åå±å©æ¶¦è¢«ä¸¥éæ¤åï¼æ²¦ä¸ºç±»ä¼¼å®åç³»ç»çåºç¡è®¾æ½ï¼å©æ¶¦å¾®èçè³äºæãæºè°±AIç纯模åå ¬å¸é«é¢äºæãè´åºå 积ï¼ä¼°å¼ä¾èµé¥è¿æªæ¥çå¢é¿é¢æï¼åä¸æ¨¡å¼èå¼±æ§å¸æ¾ã\nããè·é£åä¸å¢éï¼æ è½å°ï¼å¿ æ·æ±°ï¼è¿å»ä¸¤å¹´ç²ç®æå éç¨å¤§æ¨¡åãåªè®²æ¦å¿µæ è¥æ¶çä¸å°AIä¼ä¸æ¹é注ééåºã巨头æèµ·APIéä»·æï¼ç®åä¸èµéé¨æ§æç»æé«ï¼ç¼ºä¹è¡ä¸èµæºåè½å°åºæ¯ç纯模ååä¸é¡¹ç®çå空é´æç»ç¼©å°ã\nããåè´¨åC端åºç¨ï¼é»æ§èå¼±ï¼ç¨æ·é¶è¿ç§»ææ¬ï¼ChatGPTä»è´¹ä¼åå¹´æµå¤±çé«è¾¾42%ï¼ç¨æ·éæ¶å¯åæ¢å è´¹å¼æºå®¢æ·ç«¯ã没æèªææä½ç³»ç»ã硬件ç»ç«¯æ软件çæç»å®çAIå·¥å ·ï¼å¨ä»·æ ¼æåå¼æºæ¿ä»£ä¸ææ被ç¨æ·æå¼ã\nãã\nããä¸ãæ´»ä¸æ¥çå ¬å¸å ·å¤ä¸å¤§éå¾\nããç®åå·¥ç¨ä¸ææ¬æ§å¶è½åï¼æ¯æ¼çä¸åæ¯è°æ¨¡åæ´å¼ºï¼èæ¯è°ç®åå©ç¨çæ´é«ãæ¨çææ¬æ´ä½ãåä½æ´å°ãææ¡èªä¸»å¯æ§ç®åé群ãè½åä½è¿è¥ææ¬çç©å®¶å°ç´æ¥æ¿æçæ»è¯è¯æã\nããçå®åºæ¯è½å°ä¸åä¸éç¯ï¼AIä»·å¼å¿ é¡»åµå ¥å·¥ä¸ãéèãå»çãæ¿å¡çå®ä½ç»æµåºæ¯ï¼çæ£éæ¬å¢æãåé 产å¼ãè½å¤âæææä»è´¹âçåä¸æ¨¡å¼æè½ç©¿è¶å¨æââç¨AIæ¿å®¢æ·è§£å³å®é é®é¢ï¼ç´æ¥å享éæ¬å¢æçæ¶çã\nããçæå£åä¸åè§ä¿¡ä»»ï¼è ¾è®¯ãåèç巨头å°AIå åå°ç°æä¸å¡å¢å¼ºç«äºåï¼åæ¶æ°æ®å®å ¨ãç®æ³åè§ãå 容é£æ§æä¸ºå ¥åºç¡¬æ åãæ¥æå½æ°çº§åºç¨åå®æ´åä¸éç¯ççæåå ¬å¸å ·ææ å¯æ¯æçæé£é©ä¼å¿ã\nãã\n#èµåè¶é¦##è¾è¯´çæ# #èµåè¶é¦#\n#AIè¡ä¸è¦éæ°æ´çäº##AIè¡ä¸è¦éæ°\næ¬è½®AI泡沫æè´å½ç硬伤ï¼ä¸å¨ææ¯ï¼èå¨\n#AIè¡ä¸è¦éæ°æ´çäº# 1. èµæ¬é»è¾\n#AIè¡ä¸è¦éæ°æ´çäº# è¡ä¸å½»åºåå«é\n#AI大模åæ´å©æ¶ä»£å½»åºç»ç»# ä¸ã产ä¸\n#aiè¡ä¸è¦éæ°æ´çäº#AIè¡ä¸æ°ä¸è½®æ´\nç§æè´¢ç»è¯è®ºäººEd Zitronåäºä¸æ\nç®åå个大模åå ¬å¸ä¸æ¯æAIèå ¥èªå·±çç\n1. #èµåè¶é¦##è¾è¯´çæ# #èµåè¶é¦#\n2. #AIè¡ä¸è¦éæ°æ´çäº##AIè¡ä¸è¦éæ°\n3. æ¬è½®AI泡沫æè´å½ç硬伤ï¼ä¸å¨ææ¯ï¼èå¨\n4. #AIè¡ä¸è¦éæ°æ´çäº# 1. èµæ¬é»è¾\n5. #AIè¡ä¸è¦éæ°æ´çäº# è¡ä¸å½»åºåå«é\n6. #AI大模åæ´å©æ¶ä»£å½»åºç»ç»# ä¸ã产ä¸\n7. #aiè¡ä¸è¦éæ°æ´çäº#AIè¡ä¸æ°ä¸è½®æ´\n8. ç§æè´¢ç»è¯è®ºäººEd Zitronåäºä¸æ\n9. ç®åå个大模åå ¬å¸ä¸æ¯æAIèå ¥èªå·±çç\næ¬æç±AIçæ\n- 01 亮åé»å²©å²ï¼è§£æ¾å海空ååæ¼è®ï¼éæ 个å«å½å®¶æµ·ä¸æè¡\n- 02 Alphabetæ£éç¨åå°è¡å¼éèæ段æ©å¤§TPUééï¼èæ éèªå»ºå ¨é¨æ°æ®ä¸å¿ãä¸å°ä¸å¹´æ¶é´éï¼å ¶ç§èµæ ä¿è§æ¨¡ä»65亿ç¾å å¢è³438亿ç¾å ã\n- 03 é»å·´å«©åéæ»å¸ä»¤ï¼æå½æ¯ä¸å¯¸åå°é½çæåºå½å±äºæ们ï¼æ们æç»ä»¥è²åæç»å é¢æ¬å½ä»»ä½é¢åã\n- 04 ç¼çä¸å½æºå¨äººé¢è·ï¼ç¾å½æ¥äºï¼\n- 05 ä¿å称大è§æ¨¡æå»åºè¾ è®°è ç´å»éè¢ç°åº\næ°åªä½å®éªå®¤\n举æ¥é®ç®±ï¼jubao@vip.sina.com","confidence":0.9,"diagnostics_url":"/api/diagnose?url=https%3A//k.sina.com.cn/article_7879923512_1d5ae173806801fcy6.html%3Ffrom%3Dtech","quality_bucket":"high","failure_kind":"none","retryable":false,"quality_reason":"High confidence: full text extraction produced 3065 characters.","quality_profile":{"profile_version":"extraction_quality.v2","bucket":"high","confidence":0.9,"failure_kind":"none","retryable":false,"retry_after_attempts":0,"reason":"High confidence: full text extraction produced 3065 characters.","operator_guidance":{"severity":"ok","recommended_action":"trust_full_text","next_step":"Use the extracted full text as the primary article source.","operator_label":"Ready","can_retry":false,"can_use_summary":false,"diagnostics_required":false},"content_depth":{"contract_version":"content_depth.v1","category":"full_text","label":"Full text","has_full_text":true,"has_summary":true,"content_length":3065,"summary_length":2325,"usable_text_length":3065,"source_field":"content"},"legacy_collapsed":false,"signals":{"extract_state":"ok","extract_error":null,"extract_retries":0,"content_length":3065,"summary_length":2325}},"tags":[]},"fallback_formats":["markdown","json","html"],"actions":{"read":"/item/51376","export_markdown":"/api/items/51376/export?format=markdown","export_json":"/api/items/51376/export?format=json","diagnose":"/api/diagnose?url=https%3A//k.sina.com.cn/article_7879923512_1d5ae173806801fcy6.html%3Ffrom%3Dtech"},"formats":{"full":{"id":51376,"title":"大模型暴利终结，哪些AI公司会最先被淘汰？ - k.sina.com.cn","url":"https://k.sina.com.cn/article_7879923512_1d5ae173806801fcy6.html?from=tech","source":"k.sina.com.cn","author":null,"published_at":"2026-08-01T20:58:18+00:00","locale":"zh","topic":"ai","tags":[],"excerpt":"ãã大模åè¡ä¸ä»æªçæ£âæ´å©âï¼å½èµæ¬åäºéæ½®ãå¼æºæ¨¡åå´èµ·ãåè´¨åç«äºå å§ï¼æ¾ç»é 讲æ äºèèµçAIå ¬å¸æ£è¿æ¥æ®é ·æ´çââ缺ä¹æ ¸å¿ææ¯ã没æè½å°åºæ¯ãæ æ³å®ç°åä¸éç¯ç纯模åç©å®¶å°æå 被æ·æ±°åºå±ã\nããä¸ãæ´å©ç»ç»ï¼ä»ä¿¡ä»°å®ä»·å°è´¢æ¥å®ä»·çæ®é ·åæ¢\nããâæ´å©âæ¬å°±æ¯ä¼ªå½é¢ï¼å¤§æ¨¡åè¡ä¸ä»ç¬¬ä¸å¤©èµ·å°±æ¯âæ´ææ¬è¡ä¸âââè®ç»é¡¶çº§æ¨¡åç§é±æ°äº¿ç¾å ï¼æ¨çææ¬ætoken计费ï¼å¼æºæ¨¡åæ´æAPIä»·æ ¼æå°å°æ¿ãæè°âæ´å©æ¶ä»£ç»ç»âï¼å®è´¨æ¯å¸åºä»âä¿¡ä»°å®ä»·âåæ¢å°äºâè´¢æ¥å®ä»·âã\nããèµæ¬é»è¾å½»åºé转ï¼æèµäººä¸å为AGIæ äºä¹°åï¼è½¬è追é®âæ¶å ¥å¤ä¸å¤ï¼å©æ¶¦å¨åªéï¼ç§é±å°ä½æ¶ï¼âãå ¨çAIè³ä»æªè¯ç大è§æ¨¡ãé«æ¶ççå ¨æ°åä¸åºæ¯ï¼ç»å¤§å¤æ°åºç¨åçå¨ä¼åæçãè¾ å©åå ¬å±é¢ï¼æ æ³äº§çå¢éå·¨é¢å©æ¶¦ã\nããè¡ä¸è¿å ¥ç¡¬æ ¸æ·æ±°èµï¼æ¾ç»é PPTæ¿èèµçç©æ³å½»åºå¤±çµï¼ä¼°å¼èé«çAIåä¸å ¬å¸å éåºæ¸ ã头é¨å¤§å纷纷è°æ´æç¥ï¼åæ¢åæ°åå¤ç«èµï¼è½¬ååç´è¡ä¸æ·±èä¸çæä½ç³»æ建ã\nããäºãä¸ç±»AIå ¬å¸é¢ä¸´æç´æ¥åºæ¸ é£é©\nãã纯模åç©å®¶ï¼è¢«â管éåâç模åå±ï¼éç¨å¤§æ¨¡åè½åè¶äºåè´¨åï¼å¼æºæ¨¡åå¯ä½ä»·è¾¾å°80%ææï¼è°è¿æ¿ä¸ºé£20%å·®è·ä»10åä»·æ ¼ï¼æ¨¡åå±å©æ¶¦è¢«ä¸¥éæ¤åï¼æ²¦ä¸ºç±»ä¼¼å®åç³»ç»çåºç¡è®¾æ½ï¼å©æ¶¦å¾®èçè³äºæãæºè°±AIç纯模åå ¬å¸é«é¢äºæãè´åºå 积ï¼ä¼°å¼ä¾èµé¥è¿æªæ¥çå¢é¿é¢æï¼åä¸æ¨¡å¼èå¼±æ§å¸æ¾ã\nããè·é£åä¸å¢éï¼æ è½å°ï¼å¿ æ·æ±°ï¼è¿å»ä¸¤å¹´ç²ç®æå éç¨å¤§æ¨¡åãåªè®²æ¦å¿µæ è¥æ¶çä¸å°AIä¼ä¸æ¹é注ééåºã巨头æèµ·APIéä»·æï¼ç®åä¸èµéé¨æ§æç»æé«ï¼ç¼ºä¹è¡ä¸èµæºåè½å°åºæ¯ç纯模ååä¸é¡¹ç®çå空é´æç»ç¼©å°ã\nããåè´¨åC端åºç¨ï¼é»æ§èå¼±ï¼ç¨æ·é¶è¿ç§»ææ¬ï¼ChatGPTä»è´¹ä¼åå¹´æµå¤±çé«è¾¾42%ï¼ç¨æ·éæ¶å¯åæ¢å è´¹å¼æºå®¢æ·ç«¯ã没æèªææä½ç³»ç»ã硬件ç»ç«¯æ软件çæç»å®çAIå·¥å ·ï¼å¨ä»·æ ¼æåå¼æºæ¿ä»£ä¸ææ被ç¨æ·æå¼ã\nãã\nããä¸ãæ´»ä¸æ¥çå ¬å¸å ·å¤ä¸å¤§éå¾\nããç®åå·¥ç¨ä¸ææ¬æ§å¶è½åï¼æ¯æ¼çä¸åæ¯è°æ¨¡åæ´å¼ºï¼èæ¯è°ç®åå©ç¨çæ´é«ãæ¨çææ¬æ´ä½ãåä½æ´å°ãææ¡èªä¸»å¯æ§ç®åé群ãè½åä½è¿è¥ææ¬çç©å®¶å°ç´æ¥æ¿æçæ»è¯è¯æã\nããçå®åºæ¯è½å°ä¸åä¸éç¯ï¼AIä»·å¼å¿ é¡»åµå ¥å·¥ä¸ãéèãå»çãæ¿å¡çå®ä½ç»æµåºæ¯ï¼çæ£éæ¬å¢æãåé 产å¼ãè½å¤âæææä»è´¹âçåä¸æ¨¡å¼æè½ç©¿è¶å¨æââç¨AIæ¿å®¢æ·è§£å³å®é é®é¢ï¼ç´æ¥å享éæ¬å¢æçæ¶çã\nããçæå£åä¸åè§ä¿¡ä»»ï¼è ¾è®¯ãåèç巨头å°AIå åå°ç°æä¸å¡å¢å¼ºç«äºåï¼åæ¶æ°æ®å®å ¨ãç®æ³åè§ãå 容é£æ§æä¸ºå ¥åºç¡¬æ åãæ¥æå½æ°çº§åºç¨åå®æ´åä¸éç¯ççæåå ¬å¸å ·ææ å¯æ¯æçæé£é©ä¼å¿ã\nãã\n#èµåè¶é¦##è¾è¯´çæ# #èµåè¶é¦#\n#AIè¡ä¸è¦éæ°æ´çäº##AIè¡ä¸è¦éæ°\næ¬è½®AI泡沫æè´å½ç硬伤ï¼ä¸å¨ææ¯ï¼èå¨\n#AIè¡ä¸è¦éæ°æ´çäº# 1. èµæ¬é»è¾\n#AIè¡ä¸è¦éæ°æ´çäº# è¡ä¸å½»åºåå«é\n#AI大模åæ´å©æ¶ä»£å½»åºç»ç»# ä¸ã产ä¸\n#aiè¡ä¸è¦éæ°æ´çäº#AIè¡ä¸æ°ä¸è½®æ´\nç§æè´¢ç»è¯è®ºäººEd Zitronåäºä¸æ\nç®åå个大模åå ¬å¸ä¸æ¯æAIèå ¥èªå·±çç\n1.","full_text":"ãã大模åè¡ä¸ä»æªçæ£âæ´å©âï¼å½èµæ¬åäºéæ½®ãå¼æºæ¨¡åå´èµ·ãåè´¨åç«äºå å§ï¼æ¾ç»é 讲æ äºèèµçAIå ¬å¸æ£è¿æ¥æ®é ·æ´çââ缺ä¹æ ¸å¿ææ¯ã没æè½å°åºæ¯ãæ æ³å®ç°åä¸éç¯ç纯模åç©å®¶å°æå 被æ·æ±°åºå±ã\nããä¸ãæ´å©ç»ç»ï¼ä»ä¿¡ä»°å®ä»·å°è´¢æ¥å®ä»·çæ®é ·åæ¢\nããâæ´å©âæ¬å°±æ¯ä¼ªå½é¢ï¼å¤§æ¨¡åè¡ä¸ä»ç¬¬ä¸å¤©èµ·å°±æ¯âæ´ææ¬è¡ä¸âââè®ç»é¡¶çº§æ¨¡åç§é±æ°äº¿ç¾å ï¼æ¨çææ¬ætoken计费ï¼å¼æºæ¨¡åæ´æAPIä»·æ ¼æå°å°æ¿ãæè°âæ´å©æ¶ä»£ç»ç»âï¼å®è´¨æ¯å¸åºä»âä¿¡ä»°å®ä»·âåæ¢å°äºâè´¢æ¥å®ä»·âã\nããèµæ¬é»è¾å½»åºé转ï¼æèµäººä¸å为AGIæ äºä¹°åï¼è½¬è追é®âæ¶å ¥å¤ä¸å¤ï¼å©æ¶¦å¨åªéï¼ç§é±å°ä½æ¶ï¼âãå ¨çAIè³ä»æªè¯ç大è§æ¨¡ãé«æ¶ççå ¨æ°åä¸åºæ¯ï¼ç»å¤§å¤æ°åºç¨åçå¨ä¼åæçãè¾ å©åå ¬å±é¢ï¼æ æ³äº§çå¢éå·¨é¢å©æ¶¦ã\nããè¡ä¸è¿å ¥ç¡¬æ ¸æ·æ±°èµï¼æ¾ç»é PPTæ¿èèµçç©æ³å½»åºå¤±çµï¼ä¼°å¼èé«çAIåä¸å ¬å¸å éåºæ¸ ã头é¨å¤§å纷纷è°æ´æç¥ï¼åæ¢åæ°åå¤ç«èµï¼è½¬ååç´è¡ä¸æ·±èä¸çæä½ç³»æ建ã\nããäºãä¸ç±»AIå ¬å¸é¢ä¸´æç´æ¥åºæ¸ é£é©\nãã纯模åç©å®¶ï¼è¢«â管éåâç模åå±ï¼éç¨å¤§æ¨¡åè½åè¶äºåè´¨åï¼å¼æºæ¨¡åå¯ä½ä»·è¾¾å°80%ææï¼è°è¿æ¿ä¸ºé£20%å·®è·ä»10åä»·æ ¼ï¼æ¨¡åå±å©æ¶¦è¢«ä¸¥éæ¤åï¼æ²¦ä¸ºç±»ä¼¼å®åç³»ç»çåºç¡è®¾æ½ï¼å©æ¶¦å¾®èçè³äºæãæºè°±AIç纯模åå ¬å¸é«é¢äºæãè´åºå 积ï¼ä¼°å¼ä¾èµé¥è¿æªæ¥çå¢é¿é¢æï¼åä¸æ¨¡å¼èå¼±æ§å¸æ¾ã\nããè·é£åä¸å¢éï¼æ è½å°ï¼å¿ æ·æ±°ï¼è¿å»ä¸¤å¹´ç²ç®æå éç¨å¤§æ¨¡åãåªè®²æ¦å¿µæ è¥æ¶çä¸å°AIä¼ä¸æ¹é注ééåºã巨头æèµ·APIéä»·æï¼ç®åä¸èµéé¨æ§æç»æé«ï¼ç¼ºä¹è¡ä¸èµæºåè½å°åºæ¯ç纯模ååä¸é¡¹ç®çå空é´æç»ç¼©å°ã\nããåè´¨åC端åºç¨ï¼é»æ§èå¼±ï¼ç¨æ·é¶è¿ç§»ææ¬ï¼ChatGPTä»è´¹ä¼åå¹´æµå¤±çé«è¾¾42%ï¼ç¨æ·éæ¶å¯åæ¢å è´¹å¼æºå®¢æ·ç«¯ã没æèªææä½ç³»ç»ã硬件ç»ç«¯æ软件çæç»å®çAIå·¥å ·ï¼å¨ä»·æ ¼æåå¼æºæ¿ä»£ä¸ææ被ç¨æ·æå¼ã\nãã\nããä¸ãæ´»ä¸æ¥çå ¬å¸å ·å¤ä¸å¤§éå¾\nããç®åå·¥ç¨ä¸ææ¬æ§å¶è½åï¼æ¯æ¼çä¸åæ¯è°æ¨¡åæ´å¼ºï¼èæ¯è°ç®åå©ç¨çæ´é«ãæ¨çææ¬æ´ä½ãåä½æ´å°ãææ¡èªä¸»å¯æ§ç®åé群ãè½åä½è¿è¥ææ¬çç©å®¶å°ç´æ¥æ¿æçæ»è¯è¯æã\nããçå®åºæ¯è½å°ä¸åä¸éç¯ï¼AIä»·å¼å¿ é¡»åµå ¥å·¥ä¸ãéèãå»çãæ¿å¡çå®ä½ç»æµåºæ¯ï¼çæ£éæ¬å¢æãåé 产å¼ãè½å¤âæææä»è´¹âçåä¸æ¨¡å¼æè½ç©¿è¶å¨æââç¨AIæ¿å®¢æ·è§£å³å®é é®é¢ï¼ç´æ¥å享éæ¬å¢æçæ¶çã\nããçæå£åä¸åè§ä¿¡ä»»ï¼è ¾è®¯ãåèç巨头å°AIå åå°ç°æä¸å¡å¢å¼ºç«äºåï¼åæ¶æ°æ®å®å ¨ãç®æ³åè§ãå 容é£æ§æä¸ºå ¥åºç¡¬æ åãæ¥æå½æ°çº§åºç¨åå®æ´åä¸éç¯ççæåå ¬å¸å ·ææ å¯æ¯æçæé£é©ä¼å¿ã\nãã\n#èµåè¶é¦##è¾è¯´çæ# #èµåè¶é¦#\n#AIè¡ä¸è¦éæ°æ´çäº##AIè¡ä¸è¦éæ°\næ¬è½®AI泡沫æè´å½ç硬伤ï¼ä¸å¨ææ¯ï¼èå¨\n#AIè¡ä¸è¦éæ°æ´çäº# 1. èµæ¬é»è¾\n#AIè¡ä¸è¦éæ°æ´çäº# è¡ä¸å½»åºåå«é\n#AI大模åæ´å©æ¶ä»£å½»åºç»ç»# ä¸ã产ä¸\n#aiè¡ä¸è¦éæ°æ´çäº#AIè¡ä¸æ°ä¸è½®æ´\nç§æè´¢ç»è¯è®ºäººEd Zitronåäºä¸æ\nç®åå个大模åå ¬å¸ä¸æ¯æAIèå ¥èªå·±çç\n1. #èµåè¶é¦##è¾è¯´çæ# #èµåè¶é¦#\n2. #AIè¡ä¸è¦éæ°æ´çäº##AIè¡ä¸è¦éæ°\n3. æ¬è½®AI泡沫æè´å½ç硬伤ï¼ä¸å¨ææ¯ï¼èå¨\n4. #AIè¡ä¸è¦éæ°æ´çäº# 1. èµæ¬é»è¾\n5. #AIè¡ä¸è¦éæ°æ´çäº# è¡ä¸å½»åºåå«é\n6. #AI大模åæ´å©æ¶ä»£å½»åºç»ç»# ä¸ã产ä¸\n7. #aiè¡ä¸è¦éæ°æ´çäº#AIè¡ä¸æ°ä¸è½®æ´\n8. ç§æè´¢ç»è¯è®ºäººEd Zitronåäºä¸æ\n9. ç®åå个大模åå ¬å¸ä¸æ¯æAIèå ¥èªå·±çç\næ¬æç±AIçæ\n- 01 亮åé»å²©å²ï¼è§£æ¾å海空ååæ¼è®ï¼éæ 个å«å½å®¶æµ·ä¸æè¡\n- 02 Alphabetæ£éç¨åå°è¡å¼éèæ段æ©å¤§TPUééï¼èæ éèªå»ºå ¨é¨æ°æ®ä¸å¿ãä¸å°ä¸å¹´æ¶é´éï¼å ¶ç§èµæ ä¿è§æ¨¡ä»65亿ç¾å å¢è³438亿ç¾å ã\n- 03 é»å·´å«©åéæ»å¸ä»¤ï¼æå½æ¯ä¸å¯¸åå°é½çæåºå½å±äºæ们ï¼æ们æç»ä»¥è²åæç»å é¢æ¬å½ä»»ä½é¢åã\n- 04 ç¼çä¸å½æºå¨äººé¢è·ï¼ç¾å½æ¥äºï¼\n- 05 ä¿å称大è§æ¨¡æå»åºè¾ è®°è ç´å»éè¢ç°åº\næ°åªä½å®éªå®¤\n举æ¥é®ç®±ï¼jubao@vip.sina.com","reading_time_min":1,"extraction":{"state":"ok","confidence":0.9,"error":null,"explanation":"High confidence: full text extraction produced 3065 characters.","diagnostics_url":"/api/diagnose?url=https%3A//k.sina.com.cn/article_7879923512_1d5ae173806801fcy6.html%3Ffrom%3Dtech","quality_profile":{"profile_version":"extraction_quality.v2","bucket":"high","confidence":0.9,"failure_kind":"none","retryable":false,"retry_after_attempts":0,"reason":"High confidence: full text extraction produced 3065 characters.","operator_guidance":{"severity":"ok","recommended_action":"trust_full_text","next_step":"Use the extracted full text as the primary article source.","operator_label":"Ready","can_retry":false,"can_use_summary":false,"diagnostics_required":false},"content_depth":{"contract_version":"content_depth.v1","category":"full_text","label":"Full text","has_full_text":true,"has_summary":true,"content_length":3065,"summary_length":2325,"usable_text_length":3065,"source_field":"content"},"legacy_collapsed":false,"signals":{"extract_state":"ok","extract_error":null,"extract_retries":0,"content_length":3065,"summary_length":2325}}},"quality_profile":{"profile_version":"extraction_quality.v2","bucket":"high","confidence":0.9,"failure_kind":"none","retryable":false,"retry_after_attempts":0,"reason":"High confidence: full text extraction produced 3065 characters.","operator_guidance":{"severity":"ok","recommended_action":"trust_full_text","next_step":"Use the extracted full text as the primary article source.","operator_label":"Ready","can_retry":false,"can_use_summary":false,"diagnostics_required":false},"content_depth":{"contract_version":"content_depth.v1","category":"full_text","label":"Full text","has_full_text":true,"has_summary":true,"content_length":3065,"summary_length":2325,"usable_text_length":3065,"source_field":"content"},"legacy_collapsed":false,"signals":{"extract_state":"ok","extract_error":null,"extract_retries":0,"content_length":3065,"summary_length":2325}},"actions":{"read":"/item/51376","export_markdown":"/api/items/51376/export?format=markdown","export_json":"/api/items/51376/export?format=json","diagnose":"/api/diagnose?url=https%3A//k.sina.com.cn/article_7879923512_1d5ae173806801fcy6.html%3Ffrom%3Dtech"}},"digest":{"id":51376,"title":"大模型暴利终结，哪些AI公司会最先被淘汰？ - k.sina.com.cn","url":"https://k.sina.com.cn/article_7879923512_1d5ae173806801fcy6.html?from=tech","source":"k.sina.com.cn","topic":"ai","published_at":"2026-08-01T20:58:18+00:00","excerpt":"ãã大模åè¡ä¸ä»æªçæ£âæ´å©âï¼å½èµæ¬åäºéæ½®ãå¼æºæ¨¡åå´èµ·ãåè´¨åç«äºå å§ï¼æ¾ç»é 讲æ äºèèµçAIå ¬å¸æ£è¿æ¥æ®é ·æ´çââ缺ä¹æ ¸å¿ææ¯ã没æè½å°åºæ¯ãæ æ³å®ç°åä¸éç¯ç纯模åç©å®¶å°æå 被æ·æ±°åºå±ã ããä¸ãæ´å©ç»ç»ï¼ä»ä¿¡ä»°å®ä»·å°è´¢æ¥å®ä»·çæ®é ·å梅","quality_bucket":"high","quality_reason":"High confidence: full text extraction produced 3065 characters.","reading_time_min":1,"cluster_id":null},"card":{"display_title":"大模型暴利终结，哪些AI公司会最先被淘汰？ - k.sina.com.cn","subtitle":"k.sina.com.cn · 2026-08-01","summary":"ãã大模åè¡ä¸ä»æªçæ£âæ´å©âï¼å½èµæ¬åäºéæ½®ãå¼æºæ¨¡åå´èµ·ãåè´¨åç«äºå å§ï¼æ¾ç»é 讲æ äºèèµçAIå ¬å¸æ£è¿æ¥æ®é ·æ´çââ缺ä¹æ ¸å¿ææ¯ã没æè½å°åºæ¯ãæ æ³å®ç°åä¸éç¯ç纯模åç©å®¶å°æå 被æ·æ±°åºå±ã…","badges":["quality:high"],"links":{"read":"/item/51376","original":"https://k.sina.com.cn/article_7879923512_1d5ae173806801fcy6.html?from=tech","diagnose":"/api/diagnose?url=https%3A//k.sina.com.cn/article_7879923512_1d5ae173806801fcy6.html%3Ffrom%3Dtech"},"quality_warning":null},"export":{"title":"大模型暴利终结，哪些AI公司会最先被淘汰？ - k.sina.com.cn","url":"https://k.sina.com.cn/article_7879923512_1d5ae173806801fcy6.html?from=tech","summary":"ãã大模åè¡ä¸ä»æªçæ£âæ´å©âï¼å½èµæ¬åäºéæ½®ãå¼æºæ¨¡åå´èµ·ãåè´¨åç«äºå å§ï¼æ¾ç»é 讲æ äºèèµçAIå ¬å¸æ£è¿æ¥æ®é ·æ´çââ缺ä¹æ ¸å¿ææ¯ã没æè½å°åºæ¯ãæ æ³å®ç°åä¸éç¯ç纯模åç©å®¶å°æå 被æ·æ±°åºå±ã\nããä¸ãæ´å©ç»ç»ï¼ä»ä¿¡ä»°å®ä»·å°è´¢æ¥å®ä»·çæ®é ·åæ¢\nããâæ´å©âæ¬å°±æ¯ä¼ªå½é¢ï¼å¤§æ¨¡åè¡ä¸ä»ç¬¬ä¸å¤©èµ·å°±æ¯âæ´ææ¬è¡ä¸âââè®ç»é¡¶çº§æ¨¡åç§é±æ°äº¿ç¾å ï¼æ¨çææ¬ætoken计费ï¼å¼æºæ¨¡åæ´æAPIä»·æ ¼æå°å°æ¿ãæè°âæ´å©æ¶ä»£ç»ç»âï¼å®è´¨æ¯å¸åºä»âä¿¡ä»°å®ä»·âåæ¢å°äºâè´¢æ¥å®ä»·âã\nããèµæ¬é»è¾å½»åºé转ï¼æèµäººä¸å为AGIæ äºä¹°åï¼è½¬è追é®âæ¶å ¥å¤ä¸å¤ï¼å©æ¶¦å¨åªéï¼ç§é±å°ä½æ¶ï¼âãå ¨çAIè³ä»æªè¯ç大è§æ¨¡ãé«æ¶ççå ¨æ°åä¸åºæ¯ï¼ç»å¤§å¤æ°åºç¨åçå¨ä¼åæçãè¾ å©åå ¬å±é¢ï¼æ æ³äº§çå¢éå·¨é¢å©æ¶¦ã\nããè¡ä¸è¿å ¥ç¡¬æ ¸æ·æ±°èµï¼æ¾ç»é PPTæ¿èèµçç©æ³å½»åºå¤±çµï¼ä¼°å¼èé«çAIåä¸å ¬å¸å éåºæ¸ ã头é¨å¤§å纷纷è°æ´æç¥ï¼åæ¢åæ°åå¤ç«èµï¼è½¬ååç´è¡ä¸æ·±èä¸çæä½ç³»æ建ã\nããäºãä¸ç±»AIå ¬å¸é¢ä¸´æç´æ¥åºæ¸ é£é©\nãã纯模åç©å®¶ï¼è¢«â管éåâç模åå±ï¼éç¨å¤§æ¨¡åè½åè¶äºåè´¨åï¼å¼æºæ¨¡åå¯ä½ä»·è¾¾å°80%ææï¼è°è¿æ¿ä¸ºé£20%å·®è·ä»10åä»·æ ¼ï¼æ¨¡åå±å©æ¶¦è¢«ä¸¥éæ¤åï¼æ²¦ä¸ºç±»ä¼¼å®åç³»ç»çåºç¡è®¾æ½ï¼å©æ¶¦å¾®èçè³äºæãæºè°±AIç纯模åå ¬å¸é«é¢äºæãè´åºå 积ï¼ä¼°å¼ä¾èµé¥è¿æªæ¥çå¢é¿é¢æï¼åä¸æ¨¡å¼èå¼±æ§å¸æ¾ã\nããè·é£åä¸å¢éï¼æ è½å°ï¼å¿ æ·æ±°ï¼è¿å»ä¸¤å¹´ç²ç®æå éç¨å¤§æ¨¡åãåªè®²æ¦å¿µæ è¥æ¶çä¸å°AIä¼ä¸æ¹é注ééåºã巨头æèµ·APIéä»·æï¼ç®åä¸èµéé¨æ§æç»æé«ï¼ç¼ºä¹è¡ä¸èµæºåè½å°åºæ¯ç纯模ååä¸é¡¹ç®çå空é´æç»ç¼©å°ã\nããåè´¨åC端åºç¨ï¼é»æ§èå¼±ï¼ç¨æ·é¶è¿ç§»ææ¬ï¼ChatGPTä»è´¹ä¼åå¹´æµå¤±çé«è¾¾42%ï¼ç¨æ·éæ¶å¯åæ¢å è´¹å¼æºå®¢æ·ç«¯ã没æèªææä½ç³»ç»ã硬件ç»ç«¯æ软件çæç»å®çAIå·¥å ·ï¼å¨ä»·æ ¼æåå¼æºæ¿ä»£ä¸ææ被ç¨æ·æå¼ã\nãã\nããä¸ãæ´»ä¸æ¥çå ¬å¸å ·å¤ä¸å¤§éå¾\nããç®åå·¥ç¨ä¸ææ¬æ§å¶è½åï¼æ¯æ¼çä¸åæ¯è°æ¨¡åæ´å¼ºï¼èæ¯è°ç®åå©ç¨çæ´é«ãæ¨çææ¬æ´ä½ãåä½æ´å°ãææ¡èªä¸»å¯æ§ç®åé群ãè½åä½è¿è¥ææ¬çç©å®¶å°ç´æ¥æ¿æçæ»è¯è¯æã\nããçå®åºæ¯è½å°ä¸åä¸éç¯ï¼AIä»·å¼å¿ é¡»åµå ¥å·¥ä¸ãéèãå»çãæ¿å¡çå®ä½ç»æµåºæ¯ï¼çæ£éæ¬å¢æãåé 产å¼ãè½å¤âæææä»è´¹âçåä¸æ¨¡å¼æè½ç©¿è¶å¨æââç¨AIæ¿å®¢æ·è§£å³å®é é®é¢ï¼ç´æ¥å享éæ¬å¢æçæ¶çã\nããçæå£åä¸åè§ä¿¡ä»»ï¼è ¾è®¯ãåèç巨头å°AIå åå°ç°æä¸å¡å¢å¼ºç«äºåï¼åæ¶æ°æ®å®å ¨ãç®æ³åè§ãå 容é£æ§æä¸ºå ¥åºç¡¬æ åãæ¥æå½æ°çº§åºç¨åå®æ´åä¸éç¯ççæåå ¬å¸å ·ææ å¯æ¯æçæé£é©ä¼å¿ã\nãã\n#èµåè¶é¦##è¾è¯´çæ# #èµåè¶é¦#\n#AIè¡ä¸è¦éæ°æ´çäº##AIè¡ä¸è¦éæ°\næ¬è½®AI泡沫æè´å½ç硬伤ï¼ä¸å¨ææ¯ï¼èå¨\n#AIè¡ä¸è¦éæ°æ´çäº# 1. èµæ¬é»è¾\n#AIè¡ä¸è¦éæ°æ´çäº# è¡ä¸å½»åºåå«é\n#AI大模åæ´å©æ¶ä»£å½»åºç»ç»# ä¸ã产ä¸\n#aiè¡ä¸è¦éæ°æ´çäº#AIè¡ä¸æ°ä¸è½®æ´\nç§æè´¢ç»è¯è®ºäººEd Zitronåäºä¸æ\nç®åå个大模åå ¬å¸ä¸æ¯æAIèå ¥èªå·±çç\n1.","source":"k.sina.com.cn","date":"2026-08-01T20:58:18+00:00","content":"ãã大模åè¡ä¸ä»æªçæ£âæ´å©âï¼å½èµæ¬åäºéæ½®ãå¼æºæ¨¡åå´èµ·ãåè´¨åç«äºå å§ï¼æ¾ç»é 讲æ äºèèµçAIå ¬å¸æ£è¿æ¥æ®é ·æ´çââ缺ä¹æ ¸å¿ææ¯ã没æè½å°åºæ¯ãæ æ³å®ç°åä¸éç¯ç纯模åç©å®¶å°æå 被æ·æ±°åºå±ã\nããä¸ãæ´å©ç»ç»ï¼ä»ä¿¡ä»°å®ä»·å°è´¢æ¥å®ä»·çæ®é ·åæ¢\nããâæ´å©âæ¬å°±æ¯ä¼ªå½é¢ï¼å¤§æ¨¡åè¡ä¸ä»ç¬¬ä¸å¤©èµ·å°±æ¯âæ´ææ¬è¡ä¸âââè®ç»é¡¶çº§æ¨¡åç§é±æ°äº¿ç¾å ï¼æ¨çææ¬ætoken计费ï¼å¼æºæ¨¡åæ´æAPIä»·æ ¼æå°å°æ¿ãæè°âæ´å©æ¶ä»£ç»ç»âï¼å®è´¨æ¯å¸åºä»âä¿¡ä»°å®ä»·âåæ¢å°äºâè´¢æ¥å®ä»·âã\nããèµæ¬é»è¾å½»åºé转ï¼æèµäººä¸å为AGIæ äºä¹°åï¼è½¬è追é®âæ¶å ¥å¤ä¸å¤ï¼å©æ¶¦å¨åªéï¼ç§é±å°ä½æ¶ï¼âãå ¨çAIè³ä»æªè¯ç大è§æ¨¡ãé«æ¶ççå ¨æ°åä¸åºæ¯ï¼ç»å¤§å¤æ°åºç¨åçå¨ä¼åæçãè¾ å©åå ¬å±é¢ï¼æ æ³äº§çå¢éå·¨é¢å©æ¶¦ã\nããè¡ä¸è¿å ¥ç¡¬æ ¸æ·æ±°èµï¼æ¾ç»é PPTæ¿èèµçç©æ³å½»åºå¤±çµï¼ä¼°å¼èé«çAIåä¸å ¬å¸å éåºæ¸ ã头é¨å¤§å纷纷è°æ´æç¥ï¼åæ¢åæ°åå¤ç«èµï¼è½¬ååç´è¡ä¸æ·±èä¸çæä½ç³»æ建ã\nããäºãä¸ç±»AIå ¬å¸é¢ä¸´æç´æ¥åºæ¸ é£é©\nãã纯模åç©å®¶ï¼è¢«â管éåâç模åå±ï¼éç¨å¤§æ¨¡åè½åè¶äºåè´¨åï¼å¼æºæ¨¡åå¯ä½ä»·è¾¾å°80%ææï¼è°è¿æ¿ä¸ºé£20%å·®è·ä»10åä»·æ ¼ï¼æ¨¡åå±å©æ¶¦è¢«ä¸¥éæ¤åï¼æ²¦ä¸ºç±»ä¼¼å®åç³»ç»çåºç¡è®¾æ½ï¼å©æ¶¦å¾®èçè³äºæãæºè°±AIç纯模åå ¬å¸é«é¢äºæãè´åºå 积ï¼ä¼°å¼ä¾èµé¥è¿æªæ¥çå¢é¿é¢æï¼åä¸æ¨¡å¼èå¼±æ§å¸æ¾ã\nããè·é£åä¸å¢éï¼æ è½å°ï¼å¿ æ·æ±°ï¼è¿å»ä¸¤å¹´ç²ç®æå éç¨å¤§æ¨¡åãåªè®²æ¦å¿µæ è¥æ¶çä¸å°AIä¼ä¸æ¹é注ééåºã巨头æèµ·APIéä»·æï¼ç®åä¸èµéé¨æ§æç»æé«ï¼ç¼ºä¹è¡ä¸èµæºåè½å°åºæ¯ç纯模ååä¸é¡¹ç®çå空é´æç»ç¼©å°ã\nããåè´¨åC端åºç¨ï¼é»æ§èå¼±ï¼ç¨æ·é¶è¿ç§»ææ¬ï¼ChatGPTä»è´¹ä¼åå¹´æµå¤±çé«è¾¾42%ï¼ç¨æ·éæ¶å¯åæ¢å è´¹å¼æºå®¢æ·ç«¯ã没æèªææä½ç³»ç»ã硬件ç»ç«¯æ软件çæç»å®çAIå·¥å ·ï¼å¨ä»·æ ¼æåå¼æºæ¿ä»£ä¸ææ被ç¨æ·æå¼ã\nãã\nããä¸ãæ´»ä¸æ¥çå ¬å¸å ·å¤ä¸å¤§éå¾\nããç®åå·¥ç¨ä¸ææ¬æ§å¶è½åï¼æ¯æ¼çä¸åæ¯è°æ¨¡åæ´å¼ºï¼èæ¯è°ç®åå©ç¨çæ´é«ãæ¨çææ¬æ´ä½ãåä½æ´å°ãææ¡èªä¸»å¯æ§ç®åé群ãè½åä½è¿è¥ææ¬çç©å®¶å°ç´æ¥æ¿æçæ»è¯è¯æã\nããçå®åºæ¯è½å°ä¸åä¸éç¯ï¼AIä»·å¼å¿ é¡»åµå ¥å·¥ä¸ãéèãå»çãæ¿å¡çå®ä½ç»æµåºæ¯ï¼çæ£éæ¬å¢æãåé 产å¼ãè½å¤âæææä»è´¹âçåä¸æ¨¡å¼æè½ç©¿è¶å¨æââç¨AIæ¿å®¢æ·è§£å³å®é é®é¢ï¼ç´æ¥å享éæ¬å¢æçæ¶çã\nããçæå£åä¸åè§ä¿¡ä»»ï¼è ¾è®¯ãåèç巨头å°AIå åå°ç°æä¸å¡å¢å¼ºç«äºåï¼åæ¶æ°æ®å®å ¨ãç®æ³åè§ãå 容é£æ§æä¸ºå ¥åºç¡¬æ åãæ¥æå½æ°çº§åºç¨åå®æ´åä¸éç¯ççæåå ¬å¸å ·ææ å¯æ¯æçæé£é©ä¼å¿ã\nãã\n#èµåè¶é¦##è¾è¯´çæ# #èµåè¶é¦#\n#AIè¡ä¸è¦éæ°æ´çäº##AIè¡ä¸è¦éæ°\næ¬è½®AI泡沫æè´å½ç硬伤ï¼ä¸å¨ææ¯ï¼èå¨\n#AIè¡ä¸è¦éæ°æ´çäº# 1. èµæ¬é»è¾\n#AIè¡ä¸è¦éæ°æ´çäº# è¡ä¸å½»åºåå«é\n#AI大模åæ´å©æ¶ä»£å½»åºç»ç»# ä¸ã产ä¸\n#aiè¡ä¸è¦éæ°æ´çäº#AIè¡ä¸æ°ä¸è½®æ´\nç§æè´¢ç»è¯è®ºäººEd Zitronåäºä¸æ\nç®åå个大模åå ¬å¸ä¸æ¯æAIèå ¥èªå·±çç\n1. #èµåè¶é¦##è¾è¯´çæ# #èµåè¶é¦#\n2. #AIè¡ä¸è¦éæ°æ´çäº##AIè¡ä¸è¦éæ°\n3. æ¬è½®AI泡沫æè´å½ç硬伤ï¼ä¸å¨ææ¯ï¼èå¨\n4. #AIè¡ä¸è¦éæ°æ´çäº# 1. èµæ¬é»è¾\n5. #AIè¡ä¸è¦éæ°æ´çäº# è¡ä¸å½»åºåå«é\n6. #AI大模åæ´å©æ¶ä»£å½»åºç»ç»# ä¸ã产ä¸\n7. #aiè¡ä¸è¦éæ°æ´çäº#AIè¡ä¸æ°ä¸è½®æ´\n8. ç§æè´¢ç»è¯è®ºäººEd Zitronåäºä¸æ\n9. ç®åå个大模åå ¬å¸ä¸æ¯æAIèå ¥èªå·±çç\næ¬æç±AIçæ\n- 01 亮åé»å²©å²ï¼è§£æ¾å海空ååæ¼è®ï¼éæ 个å«å½å®¶æµ·ä¸æè¡\n- 02 Alphabetæ£éç¨åå°è¡å¼éèæ段æ©å¤§TPUééï¼èæ éèªå»ºå ¨é¨æ°æ®ä¸å¿ãä¸å°ä¸å¹´æ¶é´éï¼å ¶ç§èµæ ä¿è§æ¨¡ä»65亿ç¾å å¢è³438亿ç¾å ã\n- 03 é»å·´å«©åéæ»å¸ä»¤ï¼æå½æ¯ä¸å¯¸åå°é½çæåºå½å±äºæ们ï¼æ们æç»ä»¥è²åæç»å é¢æ¬å½ä»»ä½é¢åã\n- 04 ç¼çä¸å½æºå¨äººé¢è·ï¼ç¾å½æ¥äºï¼\n- 05 ä¿å称大è§æ¨¡æå»åºè¾ è®°è ç´å»éè¢ç°åº\næ°åªä½å®éªå®¤\n举æ¥é®ç®±ï¼jubao@vip.sina.com","confidence":0.9,"diagnostics_url":"/api/diagnose?url=https%3A//k.sina.com.cn/article_7879923512_1d5ae173806801fcy6.html%3Ffrom%3Dtech","quality_bucket":"high","failure_kind":"none","retryable":false,"quality_reason":"High confidence: full text extraction produced 3065 characters.","quality_profile":{"profile_version":"extraction_quality.v2","bucket":"high","confidence":0.9,"failure_kind":"none","retryable":false,"retry_after_attempts":0,"reason":"High confidence: full text extraction produced 3065 characters.","operator_guidance":{"severity":"ok","recommended_action":"trust_full_text","next_step":"Use the extracted full text as the primary article source.","operator_label":"Ready","can_retry":false,"can_use_summary":false,"diagnostics_required":false},"content_depth":{"contract_version":"content_depth.v1","category":"full_text","label":"Full text","has_full_text":true,"has_summary":true,"content_length":3065,"summary_length":2325,"usable_text_length":3065,"source_field":"content"},"legacy_collapsed":false,"signals":{"extract_state":"ok","extract_error":null,"extract_retries":0,"content_length":3065,"summary_length":2325}},"tags":[],"format_contract_version":"news_item_formats.v1"}}}