以下文章来源于惊蛰研究所 ，作者惊蛰研究所消费组 惊蛰研究所 . 探索发现新经济。 作者：初夏，题图来自：AI生成 即将大学毕业的Nuyoah有些茫然，她犹豫要不要为了完成云南徒步、爬雪山的旅行计划，通过互联 网平台贷款凑齐自己的"旅游基金"； 5年前，Johnny和朋友一起奔赴北欧看极光后，"喜提"6万元信用卡账单，最后在母亲的帮助下才还 清了尾款； 而当Ruby躺在蒙古驯鹿部落的帐篷里感受原始自然的寂静时，她完全没有想到在返程的路上，一笔8 万元的财务危机会让自己差点破产。 对于当下的年轻人而言，"青春没有售价，硬座直达拉萨""背包塞满梦想，特种兵勇闯天涯"不是口 号，而是对自由的向往。但当越来越多的人选择负债旅游时，被塞进背包里的不止有梦想，也有账 单。 一、现在不去，可能以后都不会 去了 今年夏天即将毕业的Nuyoah计划在5月中旬去云南旅行。按照旅行规划，她会先去虎跳峡徒步，然后 爬雪山。如果条件允许的话，再去香格里拉和稻城玩几天。但和丰富的旅行计划形成鲜明对比的是 Nuyoah手上仅有的6000元预算。 "这笔钱有2500元是我在校期间获得的奖学金，还有一部分是平时我从生活费里攒下来的。"Nuyo ...

本文来自微信公众号： 秦朔朋友圈 （ID：qspyq2015） ，作者：梁云风，题图来自：AI生成 作为一名从业十余年的地产观察者，我注意到今年秋天的媒体语境中，"金九银十"这个词几乎失去了 往日的声量。市场的喧嚣被一种近乎凝滞的静默取代， 这种静默，比任何数据都更能反映当前楼市 的真实温度。 回顾去年国庆，受"9·24"新政提振，全国多地楼市曾短暂回暖。广州、深圳等地甚至还出现了抢房的 盛况，媒体铺天盖地的"金九银十"报道，确实也成色十足，当时市场普遍认为，房地产已触底， 2025年上半年将迎来反弹。 然而， 刚刚过去的国庆中秋双节，却几乎迎来近十年最差的楼市。 笔者到南昌一些新推楼盘走访， 开发商也推出了特价房源、赠送车位、家装补贴以及"保价"等一系列营销活动，但与去年国庆的盛况 相比，今年就冷清多了，没有了热闹的人流，曾经彻夜不息的灯光暗了下来，促销横幅在秋风中褪 色，这一切与去年的盛况形成鲜明对比。 一位销售坦言，9月份以来，在各种促销攻势之下，新房销售确实稍有好转， 主要是以价换量推动一 些刚需用户下定决心，但是整个市场并未发生根本性改变， "数据一如既往难看，我们售楼中心好多 人都兼职卖二手房了。 ...

Core Insights - The article discusses the emergence of "AI resellers" on second-hand platforms who profit from selling AI-generated products, highlighting a new gray market that exploits information asymmetry, particularly targeting less tech-savvy individuals such as the elderly [6][7][40] - It reveals the diverse business models of these resellers, including selling access to AI tools, generating reports, and providing operational services, which cater to users who lack the technical skills to utilize AI effectively [20][22][30] Group 1: AI Reseller Business Models - Resellers offer services that allow users to bypass the learning curve associated with AI tools, effectively monetizing the time and expertise they possess [21][30] - The most popular products sold by resellers fall into two categories: service-based "cloud labor" and integrated "all-in-one" packages that combine multiple AI tools [22][24] - Some resellers operate as "landlords," sharing access to premium accounts with multiple users, while others evolve into service providers, directly fulfilling user requests with AI capabilities [27][29] Group 2: User Demographics and Behavior - The buyer demographic includes both casual users who occasionally need AI assistance and more serious users who are willing to pay for comprehensive services [32][35] - Younger users are increasingly engaging in group purchases to share the costs of AI subscriptions, reflecting a trend towards collaborative consumption in technology [35][36] - Emotional and practical needs drive purchases, as seen in cases where individuals seek to use AI for personal projects, such as restoring old family photos [38][39] Group 3: Market Dynamics and Implications - The article highlights a significant gap in understanding and utilizing AI tools among the general population, which creates opportunities for resellers to fill this void [30][40] - The rise of AI resellers indicates a shift in how AI is perceived and utilized, transforming it from a mere productivity tool to a means of addressing social and emotional needs [40] - This gray market reflects broader trends in technology adoption, where access to advanced tools is mediated by those who understand them, creating a new layer of economic disparity [30][40]

Core Viewpoint - The recent leadership change at Kweichow Moutai, with Chen Hua replacing Zhang Deqin as chairman, reflects the company's operational challenges amid a declining liquor industry, raising questions about the impact of such changes on future performance [3][4][6]. Group 1: Leadership Change - Chen Hua, previously the director of the Guizhou Provincial Energy Bureau, has taken over as chairman of Kweichow Moutai, marking the third leadership change in five years [3][13]. - The sudden nature of this leadership change has sparked mixed reactions, with some viewing it as a response to operational difficulties while others see potential for new strategies under the new chairman [4][5][6]. Group 2: Operational Challenges - Kweichow Moutai is facing significant operational challenges, with forecasts indicating a decline in revenue and net profit growth rates for Q3, following a trend of decreasing growth from double digits in Q1 to single digits in Q2 [7][9]. - The overall liquor market is experiencing a downturn, with sales during the recent holiday season dropping by 20%-30%, and prices for Moutai products falling below 1700 yuan per bottle due to promotional activities [8][9]. - The company is under pressure to manage inventory and stabilize pricing while meeting performance targets set by the provincial government, which complicates the new chairman's role [15]. Group 3: Historical Context and Future Outlook - Historical data suggests that leadership changes in the liquor industry often coincide with broader market recoveries, but the current environment indicates that Kweichow Moutai's challenges are not yet resolved [18][22]. - The previous chairman, Zhang Deqin, had initiated strategies aimed at transforming the brand's market approach, but his abrupt departure raises concerns about continuity and the effectiveness of these strategies [11][12]. - The new chairman's background in energy management may provide fresh perspectives on operational efficiency, but the existing challenges of inventory and pricing remain significant hurdles [15].

Core Viewpoint - The article discusses how Japanese restaurants, particularly conveyor belt sushi chains like Sushiro and Hamazushi, have thrived in China amidst a challenging domestic dining environment, leveraging lessons learned from Japan's "lost 30 years" of economic stagnation [4][15]. Group 1: Performance of Japanese Sushi Chains - Sushiro and Hamazushi have become popular in China, with long wait times and impressive market performance, as evidenced by Sushiro's parent company Food & Life's stock price increasing 2.7 times over two years [4]. - The average customer spending at Sushiro is around 120 RMB, while Hamazushi is about 80 RMB, which is relatively high compared to other domestic dining options like Haidilao and Green Tea [7]. - Sushiro's table turnover rate can reach 10 to 15 during peak times, allowing for a quick return on investment, reportedly within 1 to 1.5 years [7]. Group 2: Cost Control and Efficiency - Japanese sushi chains have developed operational efficiencies that allow them to thrive despite high ingredient costs, with raw material costs accounting for 40-50% of total costs in Japan [9]. - Technological advancements have significantly reduced waste rates in conveyor belt sushi restaurants from around 13% to 1%, enhancing profitability [11]. - The business model of conveyor belt sushi has evolved to prioritize efficiency, with a focus on minimizing service time and maximizing table turnover [12]. Group 3: Impact of Japan's Economic History - The "lost 30 years" in Japan led to a culture of cost-cutting and efficiency, shaping the operational strategies of successful restaurant chains like Sushiro and Salvia [15][17]. - Salvia's success is attributed to simultaneous optimization of store layouts and supply chains, allowing for faster service and reduced operational costs [16]. - The vertical supply chain model has been crucial for Japanese restaurants, enabling them to maintain quality and lower prices by controlling the entire production process [17]. Group 4: Unique Business Models and Innovations - The article highlights the importance of "performance" in the dining experience, where Japanese restaurants excel in creating engaging environments that enhance customer satisfaction [21]. - Innovations in the sushi industry, such as automated systems for order processing and freshness management, have contributed to operational efficiency and customer experience [10]. - The emergence of new dining concepts in Japan, such as conveyor belt barbecue, indicates a trend towards innovative dining experiences that could be adapted in other markets [13]. Group 5: Challenges and Opportunities for Chinese Restaurants - Chinese restaurants looking to expand into Japan must understand the cultural differences and adapt their business models accordingly, as Japanese dining culture emphasizes a unique customer experience [39][40]. - The article suggests that successful Chinese brands entering Japan should focus on performance and customer engagement to differentiate themselves in a competitive market [42]. - The long-term stability of restaurant operations in Japan, despite lower profit margins, presents an opportunity for brands willing to invest in the market [46].

以下文章来源于娱乐硬糖 ，作者刘小土 娱乐硬糖 . 有温度的泛娱乐产业自媒体。娱乐人物的商业解读，资本客厅的莎士比亚。 本文来自微信公众号： 娱乐硬糖 （ID：yuleyingtang） ，作者：刘小土，编辑：李春晖，题图来 自：AI生成 大面宽，短进深，自然光线是免费滤镜。三米挑空，全落地窗，钱塘江景尽收眼底。全屋至少8个氛 围感机位，奶油风装修自带柔光效果，是美妆、服装、时尚等直播短视频创作者的绝佳"影棚"。 放在2019年的杭州，这种房源完全不愁租。急租的人为了插队看房，甚至愿意预付更多租金。但现 在是2025年，房屋中介李意成 （化名） 把房子挂出来三周了，整天在朋友圈、租房群吆喝，没用。 他把出租信息发上抖音、小红书，也只引来几位短剧客户询价，"看上去随时会跑路。"他暗忖。 行情太差，房东急得主动提出首月免租、接受月付， 只求能在双11之前出手，错过这波时机不知又 要等多久。 李意成对市场的寒意早深有体会，倒劝对方放平心态、接受现实，"降价可能也租不出 去。" 其实从三年前，李意成就发现杭州热门房源开始出现空租情况。各大租房群的人数只降不增，处处释 放着杭州租房市场转凉的信号。 早几年，一批批年轻人 ...

"玩不起了是不是？不玩儿了，不玩儿了！"老人在多次耍赖仍输给赛博对手后，怒摔棋子转身就走。 在更多场景中，百岁老人在机器人的提示下，理发、吃药、晒太阳、检查身体；在养老院里，巡视机器人在老 人们安睡时监测他们的体征指标；陪伴机器人还可以通过人脸识别，让家属直接联系到不看手机的老人；在智 能养老设备覆盖的家庭，老人摔倒，只需按动随身携带的按钮就可呼叫救援…… 现实生活中，赛博养老不只是段子，机器人等硬件设备融入养老的大势已经不可逆转了。 "也许5到10年左右，完全自动化的养老机器人就可以进入家庭了。"启明创投副总裁孙墨陶告诉虎嗅，它可以 辅助完成一定的家务、照顾工作，是一种赛博"保姆"。 过去几年，养老机器人行业快速崛起。深企研究报告显示，2023年中国养老机器人市场规模约为66亿元。这相 比国际机器人联合会（ IFR ）公布的2020年的数据38亿元，几乎增长了近一倍。到2030年这个数字还有望达 到183亿元。 出品 | 虎嗅科技医疗组 作者 | 陈广晶 编辑 | 苗正卿 头图 | AI生成 机器人养老的故事，已经被社交平台玩儿坏了。 在投资领域，2024年到2025年上半年，仅在中国，就有116亿元以上资 ...

以下文章来源于黄青春频道 ，作者黄青春Youth 黄青春频道 . 看清流量迁徙的切面 出品｜虎嗅黄青春频道 作者｜商业消费主笔 黄青春 题图｜《英雄本色》剧照 一夜闪崩，《Counter-Strike 2》（下称《CS2》）饰品市场的天塌了。 10 月 23 日，全球热门射击游戏《CS2》开发商 Valve（下称 V 社）发布一则更新公告， 游戏内饰 品"汰换系统"重大改版，核心就两点： 5 件普通红枪皮可合成 1 把普通刀具或 1 副普通手套； 5 件 StatTrak™（玩家俗称 "暗金"，带击杀计数器）红枪皮可合成 1 把 StatTrak™刀具。 | Counter-Strike 2 | | | | --- | --- | --- | | 《反恐精英》更新 | | | | 【游戏】 | | | | · 在官方匹配服务器中新增"回防"模式,支持"炸弹拆除地图组1号"与"炸弹拆除地图组2号"。 | | | | 修复地图中存在多个烟雾弹时,燃烧瓶与烟雾弹的交互逻辑。 | | | | 【地图】 | | | | · 更新黄金之岛地图至Steam社区工坊最新版本。 | | | | (更新说明) | | | | · ...

以下文章来源于江宁知府 ，作者印闲生 江宁知府 . 你将已经踏上旧时的归途 本文来自微信公众号： 江宁知府 ，作者：印闲生，题图来自：AI生成 美国交通部则在其拟议的命令中表示：" （中国航班使用俄罗斯领空） 已成为一个重要的竞争因 素，对美国航空公司造成严重不利影响，需尽可能消除美国和中国航空公司之间的竞争差距。" 早在2023年5月，俄罗斯领空问题就成为中美复航谈判的焦点，美方同意中国航空公司增加两国间航 班数量，但前提是新航班不得飞越俄罗斯。 2024年，中美达成协议，双方航空公司原则上共可运营每周100班定期客运航班，中方50班，美方50 班。 截至目前，中方的六家航司早已把每周50个航班飞满，而美国航司尚未用满额度，采取了一种"软对 抗"的方式。 飞过美国的朋友一般都清楚，北京、上海到美国西海岸城市 （西雅图、旧金山、洛杉矶） 的航线通 常是走北太平洋，即日本→阿留申群岛，不太受俄罗斯关闭领空限制。 但飞美国东海岸城市 （纽约、华盛顿、波士顿） 则是向北经西伯利亚、北极和加拿大，这样的航线 最短、最经济。 现在俄罗斯领空对欧美航空公司关闭，导致它们只能绕道、减少载客或被迫在阿拉斯加安克雷奇加 油，相 ...

Core Insights - The article discusses the current state of AI applications, highlighting the dichotomy between entertainment-focused AI and efficiency-driven AI, with a particular emphasis on the need for reliable AI assistants rather than mere toys [1][4][5]. Group 1: AI Development Paths - Two distinct development paths are emerging in the Chinese AI application market: one centered on entertainment and user engagement, and the other focused on utility and efficiency [4][5]. - The entertainment logic positions AI as a new content consumption entry point, prioritizing user engagement and time spent, often integrating short video content [5]. - The efficiency logic views AI as a trusted cognitive extension, aiming to help users complete tasks effectively with clear, logical, and precise answers [5]. Group 2: Quark's Dialogue Assistant - Alibaba's Quark has launched a dialogue assistant that integrates search capabilities with conversational experiences, aiming to enhance user efficiency [1][6]. - The Quark dialogue assistant is designed to address several core pain points of large models, such as combating "hallucinations" and enhancing timeliness by incorporating real-time information [8][10]. - Quark's assistant leverages the Qwen model, which has achieved significant performance metrics, positioning it competitively against top models like OpenAI's GPT-5 [15][49]. Group 3: User Experience and Functionality - The Quark dialogue assistant is capable of understanding complex user queries and providing structured, actionable outputs, demonstrating a significant improvement in user experience [11][19]. - The assistant's ability to deliver detailed and accurate responses in a timely manner is a key differentiator from other AI applications [28][47]. - Quark's integration of a robust search capability ensures that users receive reliable and relevant information, enhancing the overall user experience [18][49]. Group 4: Market Position and Future Prospects - Quark has established itself as a leader in the AI application market, surpassing competitors in daily active users and ranking highly in global AI application lists [49][50]. - The dialogue assistant is part of a broader strategy that includes future integration with hardware products, indicating a comprehensive approach to AI in Alibaba's ecosystem [49][50]. - The article concludes that Quark's dialogue assistant represents a significant advancement in AI applications, positioning it as a serious productivity tool rather than just another chatbot [51][52].