"不管用工程化的能力，或者说用垂直领域的专有Know-How，甚至通过服务用户的Case形成比较好的 专有Reward奖励函数，让你的Agent变得越来越强，我觉得在这方面我们看见大多数早期创业者遇到比 较大的问题。"黄明明表示。（文猛） 责任编辑：张恒星 "不完美的创始人才能做出相对完美甚至是伟大的产品，比如一个有激情的人，他可能不够理性，但是 你要做出伟大的产品，太理性的人在这个时代做不出伟大的产品来。"黄明明表示。他还进一步指 出，"好的Agent创始团队或创业者，也要能够让自己做的Agent能随着模型能力提升，不断解锁更多能 力的。" 谈及行业发展，黄明明认为，今天大家往往夸大模型对Agent或者是应用层吞噬的能力，但在判断早期 创业者时却往往忽视了是否真正切入到"用户有刚需痛点"的问题上。 在黄明明看来，互联网应用更多是完成信息与信息、信息与人的连接，搭建的是生产关系。而今天的 AI Agent是生产力工具，衡量它最核心的指标是完成任务的复杂程度和完成度，因为它是需要交付结果 的。"今天很多Agent只能做到30-40分，如果有一个Agent能把模型能力充分榨干，做垂直细分领域'最后 一公里'的苦活 ...

"在硅谷我们喜欢年轻的有挑战精神，但我们还是希望他至少还是遵守职业道德职业操守的。"周炜表 示。（文猛） "如果一个创业者做AI超过3年以上，我会很慎重，因为3年前的AI和现在的AI在他眼中是一个物种，但 在我看来不是一个物种。"周炜表示，因为他们会把这看作是同一个物种，所以始终在用上一代AI的观 点看这一代AI的事情。 责任编辑：张恒星 相比之下，由于现在中美两国的创业者环境、生态正在渐行渐远。周炜对于硅谷项目的投资，则更希望 投大学毕业没几年的创业者，因为他们"有挑战精神"。不过其也指出，"硅谷年轻创业者非常有挑战精 神，币圈化非常严重，无论机构还是个人都不遵守规则，这个规则打破也很很可怕。" 新浪科技讯 9月13日下午消息，在2025Inclusion外滩大会上，创世伙伴创投创始主管合伙人周炜分享中 指出，"自己在国内投资AI项目时，更倾向于投经验丰富，但做AI不超过三年的创业者。" "这有点像当年开始投移动互联网的时候，一帮PC互联网说这个事情我都懂，随时可以把它搬到手机 上，但其实不是那么回事，差别很大。"周炜解释道："在国内我们会喜欢有经验的，但不希望他在AI上 经验时间太长，这反而是个负面。" ...

Group 1 - The core viewpoint of the forum is that the integration of data and AI serves as a dual engine driving innovation and growth in the intelligent era [1][2] - Current challenges in large model development include a "data wall" dilemma, where the contribution of unlabeled data to model performance is diminishing, leading to a need for a shift from expert-driven data science to quantitative and self-evolving stages [1] - A practical example shared indicates that filtering high-quality data from a vast dataset can significantly enhance model accuracy, with a reported 1.7% improvement in domain question-answering tasks by using only 20% of high-quality data from 10 billion tokens [1] Group 2 - Emphasis on data quality is crucial, with a focus on both human and machine experiences to enhance large model performance [2] - The global AI data industry is undergoing a significant transformation from labor-intensive to technology and knowledge-intensive models, showcasing how high-quality data can benefit various industries through real-world applications [2] - High-quality datasets should meet the VALID² criteria (vitality, authenticity, large sample size, completeness, diversity, high knowledge density), indicating a systematic reconstruction of methodologies, infrastructure, and industry ecology [2]

Core Insights - The general AI sector is expected to be dominated by large companies, but it remains a high ceiling area for investment opportunities [1][3] - Venture capital firms are hesitant to invest in large models due to the fear of being outcompeted by major players like Alibaba and Tencent, which may limit their investment scope [1][3] - Despite the risks, there is a belief in the potential of investing in AI companies, particularly those with high barriers to entry and those that integrate closely with complex workflows [3][4] Investment Perspectives - The venture capital approach emphasizes the importance of having dreams and ambitions, leading to investments in high-potential areas despite the associated risks [3] - Recent investments include a company focused on AI companionship, highlighting a clear future direction in the AI space [3] - The strategy includes investing in To B AI startups, which are seen as resilient due to their deep integration with existing workflows, allowing them to withstand disruptions from model upgrades [3][4]

Core Viewpoint - The investigation by "Economic Half Hour" highlights the issue of "black public relations" in the electric vehicle industry, where false information is spread to damage company reputations, indicating a need for stronger regulatory measures and industry cooperation [1]. Group 1: Industry Perspectives - NIO's chairman Li Bin emphasized the low investment cost of black PR operations compared to the high costs of vehicle development, which involves significant resources and manpower [1]. - Changan Automobile's vice president, Deng Chenghao, stated that while constructive criticism is welcome, malicious attacks that distort facts are harmful and should be opposed [1]. - Xiaomi Automobile's vice president, Li Xiaoshuang, called for increased penalties for black PR activities to raise the costs associated with such actions [1]. Group 2: Regulatory Actions - The Ministry of Industry and Information Technology, along with five other departments, announced a three-month nationwide campaign to address online chaos in the automotive industry [1]. - Xiaopeng Motors' vice president, Zheng Yeqing, pointed out the challenges of civil litigation against black PR, suggesting that measures like account bans could serve as more effective deterrents [1].

Group 1 - The core viewpoint emphasizes that startups in the Agent field should avoid competing directly with major model capabilities, as they risk being outpaced by upgrades from larger model companies [1] - It is important for companies to clearly define the domain of their Agent and the tasks it can solve, as initial market significance may appear small but can expand exponentially if the product is executed well, creating barriers to entry and enhancing competitive advantages [3] - AI Coding is identified as a critical capability within the main track of model iteration, where companies developing general-purpose Coding Agents are significantly impacted by the advancements of mainstream large models [3] Group 2 - The competitive landscape in the AI coding field is described as relentless, with no company being secure, as evidenced by the rapid growth of products like Claude code and OpenAI context, highlighting the necessity for continuous improvement in capabilities [4]

Core Viewpoint - Lei Jun, the founder and CEO of Xiaomi, has responded to the issue of "black public relations" targeting various car manufacturers, stating that Xiaomi's legal department has collected evidence from hundreds of accounts and has initiated dozens of lawsuits, which are currently awaiting trial [1] Group 1 - Xiaomi's legal actions include the collection of evidence from hundreds of accounts involved in spreading rumors and defamation against car companies [1] - The company has initiated multiple lawsuits, indicating a proactive approach to combat misinformation in the automotive sector [1] - The ongoing legal proceedings are expected to address the issue of black public relations that affects the reputation of various car manufacturers [1]

Core Viewpoint - Ant Group's Vice President Yu Bin emphasizes that AI is not a bubble and will bring long-term sustainable value to the industry [1][3] Group 1: AI Strategy and Focus - Ant Group's AI action plan is focused on professional industries, ease of implementation, and value creation [3] - The company aims to develop applications on top of existing platforms rather than creating a universal platform that fits all industries [3] - Ant Group's expertise lies in financial technology, internet, and life services, allowing it to innovate effectively at the application and industry levels [3] Group 2: New Business Model - Ant Group introduced a new business model for large model applications based on "pay for performance," allowing clients to pay based on actual results like business growth or cost savings [4] - This model significantly lowers the barriers and risks for enterprises to adopt large model applications, especially benefiting small and medium-sized enterprises [4] - The full-stack enterprise-level AI service solution enables companies to access AI capabilities without incurring high infrastructure costs [4]

新浪科技讯 9月13日中午消息，日前，胖东来创始人于东来发文力挺西贝："任何事没有完美．．．感 谢西贝、海底捞等品牌企业可以让我找到相对放心可口吃饭的地方！ " 今日，于东来在社交平台发文："回到自己的世界把！享受每一天的美好。" 而此前力挺西贝的博文在其主页已不可见，同时账号也曾短暂处于私密状态。 责任编辑：张恒星 ...

Core Viewpoint - The investigation by "Economic Half Hour" highlights the issue of "black public relations" in the electric vehicle industry, where false information is spread to damage company reputations [1] Group 1: Industry Perspectives - NIO's chairman, Li Bin, emphasized the low investment cost of black PR operations compared to the high costs of automotive development, which involves significant resources and personnel [1] - Changan Automobile's vice president, Deng Chenghao, stated that while constructive criticism is welcome, malicious attacks that distort facts are harmful and should be opposed [1] - Xiaomi Automobile's vice president, Li Xiaoshuang, called for increased penalties against black PR and black water army activities to raise their operational costs [1] - Xpeng Automobile's vice president, Zheng Yeqing, pointed out the challenges of civil litigation against black PR, suggesting that measures like account bans could serve as a more effective deterrent [1] Group 2: Regulatory Actions - The Ministry of Industry and Information Technology, along with five other government departments, has initiated a three-month nationwide campaign to address online chaos in the automotive industry [1]