金刻羽是在本周于吉隆坡举行的东盟-海合会经济论坛上发表这一观点的。这场峰会由东盟轮值主席国 马来西亚政府主办，由《财富》承办。在一场关于AI与国家安全的圆桌讨论上，当被问及中美两国在 AI领域的力量对比时，她说，"那些试图胁迫别国选边站的国家，反而面临被孤立的风险。" 她承认，中美都关切自己的国家安全，这是一个地缘政治现实，"但这不是今天世界唯一的现实。人们 很容易把国家安全作为控制技术、规避竞争的借口，我认为这并不明智。" 东盟-海合会-中国经济论坛现场。 图片来源：FORTUNE 中美两国在科技领域的竞逐日益白热化，让"谁会胜出"成为全球焦点。 而知名经济学者、伦敦政治经济学院副教授金刻羽认为，所谓谁会成为"赢家"或获得"控制权"的说法， 代表的是一种旧时代思维，随着AI技术重塑产业以及地缘格局，这种思维已经不再能够准确捕捉世界 的真实样貌。 "我们仍停留在旧的地缘政治剧本中，执着于军事力量、金钱、土地资源这些传统的权力概念，但世界 早已改变，"她说。"看看半导体行业，美国试图压制中国的技术能力，结果反而刺激了中国加速自主创 新。在这个新技术时代，一国的权力不再取决于它的体量和规模，而取决于它能否成为协调 ...

Core Viewpoint - Duolingo has shifted its stance on artificial intelligence, moving from a position that suggested AI would replace human workers to one that emphasizes AI as a tool to enhance efficiency while maintaining or improving work quality [1][2]. Group 1: Duolingo's Position Change - Duolingo's CEO, Luis von Ahn, clarified that he does not believe AI is replacing employees and stated that the company is still hiring at the same pace [1]. - The company is developing training programs and forming advisory committees to help teams learn and adapt to AI responsibly [1]. - This clarification comes after Duolingo announced plans to gradually stop using contractors for tasks that AI can perform, indicating a significant shift in their approach [1]. Group 2: Industry Trends - Duolingo's self-correction reflects a broader trend among startups, with fintech company Klarna also adjusting its AI strategy after admitting that its chatbot quality was lacking and deciding to resume hiring [3]. - Shopify faced similar criticism for suggesting that AI-driven productivity could replace new employees, highlighting a growing skepticism about the role of AI in the workforce [4]. Group 3: AI's Impact on Productivity - The shift in Duolingo's stance underscores that the concept of "AI-first" is more appealing to investors and management than to the general public [5]. - Research indicates that many AI projects fail to deliver expected returns, with a survey showing that three-quarters of AI initiatives did not meet investment expectations [5]. - A study involving 25,000 AI industry professionals found that AI has not significantly improved productivity or affected income and working hours [5].

以10年期美债收益率为例——它是抵押贷款、小企业贷款及其他常见消费和企业借贷的基准。如下图所 示，尽管在全球金融危机前美联储加息阶段以及新冠疫情后通胀飙升时期，该收益率出现过短暂飙升， 但自80年代中期以来，其总体呈稳步下降趋势。 图片来源：Thomas A. Ferrara—Newsday RM/Getty Images 美国共和党"大而美"法案里提出的减税举措，正促使投资者像2007年那样抛售美债。然而，此次长期债 券收益率近期的大幅飙升，或许并非短暂上扬，而是预示着美国借款人未来将面临的利率走势。 不过，摩根士丹利投资管理公司（Morgan Stanley Investment Management）投资组合解决方案部门首席 投资官吉姆·卡隆（Jim Caron）认为，利率不会回落到历史低点。 他对《财富》杂志表示："要适应更高的收益率。我的意思是，我们必须适应更陡峭的（收益率）曲 线，也必须适应通胀率不会长期低于目标水平。" 对物价持续攀升感到厌倦的选民助力唐纳德·特朗普再次入主白宫，这位总统承诺降低美国民众的借贷 成本。尽管特朗普多次批评美联储主席杰罗姆·鲍威尔和美联储维持利率不变的做法，但财政部长 ...

Core Insights - The article discusses the impact of rising rental costs and inflation on housing affordability in the U.S., particularly affecting recent college graduates [1][5] - It highlights a list of cities deemed most suitable for recent graduates to rent, based on factors like rental income ratio and job availability [2][3] Rental Market Overview - Rental prices have surged approximately 30% since the pandemic, with the average monthly rent in the U.S. reaching $2,100 as of May 25 [1] - The average salary is slightly above $63,000, leading to a situation where some individuals spend about 40% of their income on rent, exceeding the recommended 30% [1] Best Cities for Recent Graduates - Realtor.com released a ranking of the top ten cities for recent graduates to rent, considering rental affordability and job opportunities [2][3] - Austin, Texas, ranks first with a rental income ratio of 18.9%, indicating lower rent relative to income [2] - The top ten cities and their median rents are as follows: 1. Austin, Texas ($1,504) 2. Raleigh, North Carolina ($1,524) 3. Overland Park, Kansas ($1,351) 4. Minneapolis, Minnesota ($1,528) 5. St. Louis, Missouri ($1,335) 6. Richmond, Virginia ($1,502) 7. Pittsburgh, Pennsylvania ($1,461) 8. Scottsdale, Arizona ($1,530) 9. Richardson, Texas ($1,472) 10. Atlanta, Georgia ($1,604) [3][4] Economic Considerations - Renters in these cities can save about 7% on rental costs compared to other markets, with the number of recent graduates in these areas being double that of the top 50 metropolitan areas in the U.S. [4] - Despite the favorable rankings, potential renters must weigh the availability of rental properties against affordability, job market strength, and lifestyle convenience [5] Long-term Rental Trends - A study indicates that typical American renters may spend over $333,000 during their rental period, factoring in bills and additional costs [5] - The delay in major life milestones, such as marriage and home buying, is expected to prolong the duration of renting for many individuals [6]

5月27日，首届"东盟-海合会-中国经济论坛"在吉隆坡盛大开幕。在开幕式暨欢迎晚宴上，来自东盟、海湾地区和中国的领导人齐聚一堂，借助论坛搭建 的前所未有的对话平台，共商包容性增长、区域合作与可持续发展等议题。 马来西亚首相拿督斯里安瓦尔·易卜拉欣在"东盟-海合会-中国经济论坛"开幕式上致辞。图片来源：FORTUNE 中华人民共和国国务院总理李强在"东盟-海合会-中国经济论坛"开幕式上致辞。图片来源：FORTUNE 中华人民共和国国务院总理李强在晚宴上向在场的各国政府部长、政策制定者及商界领袖表示："中国、东盟、海合会国家的友好合作源远流长，站在深 厚的历史积淀上，三方合作必将续写新的辉煌，未来更加可期。我们将拥有更加充分的发展空间，更高水平的经济效益，更具活力的创新生态。中方愿同 东盟、海合会国家一道，加强发展战略对接，深化区域一体化合作，坚定维护以世贸组织为核心的多边贸易体制，维护产业链供应链稳定畅通，不断开创 共同发展新局面。" 本次论坛的主题是"同道偕行：共筑持续包容的未来"，由《财富》杂志与马来西亚政府联合主办，适逢马来西亚担任东盟轮值主席国，并与东盟-中国-海 合会峰会、第二届东盟-海合会峰会及第4 ...

5月27日，第一届"东盟-中国-海合会峰会" 在马来西亚吉隆坡举行，国务院总理李强与马来西亚总理安 瓦尔一同出席开幕式晚宴，并聆听了七位不同国家"顶流"艺术家的演唱。 第一位登台的艺术家是"沙特历史上首位女歌手"Dalia Mubarak，这位90后女性是沙特年轻一代的文化象 征。尚雯婕作为中国歌手的代表，献唱了《甜蜜蜜》和《不鼓自鸣》。 更重要的是，DeepSeek与人类艺术家共同为峰会谱写了主题曲《命运共同体》—— 在数百位嘉宾的见 证下，主办方将18张分别代表峰会参与国的明信片的视觉素材输入了内嵌DeekSeek的人工智能，生成 了绝妙的歌词。 本次晚宴表演的歌手均为女性，与会人员纷纷为女性艺术家，以及中国人工智能DeepSeek点赞。（财 富中文网） 在财富Plus，网友们对这篇文章发表了许多有深度和思想的观点。一起来看看吧。也欢迎你加入我们，谈谈你的 想法。今日其他热议话题： 查看《日本34年来首次丢失全球最大债权国地位》的精彩观点 查看《王兴：将采取一切必要措施来赢得竞争》的精彩观点 推荐阅读 FORTUNE_ FORTUNE_ FORTUNE t富》中国40位40岁以下的商界精英 申报入国|20 ...

图片来源：Gilles Mingasson / Getty Images 人们可能会认为，这家连续12年蝉联《财富》美国500强榜首的公司，定然在硅谷或华尔街坐拥奢华办公场所，但沃尔玛却将奢华和魅力带到美国南部。 这家零售巨头表示，重新设计的阿肯色州园区独具魅力，正促使员工接纳小镇生活的理念。 这家市值6900亿美元的零售企业，正唤醒阿肯色州本顿维尔这座沉睡的小镇，一座占地350英亩的现代化总部拔地而起。沃尔玛园区内有12栋办公楼，营 造出如家般舒适的氛围；还有健身设施，包括网球场、篮球场、游泳池以及长达两英里（3.2千米）的自行车道；园区内还设有托儿所和供来访宾客入住 的酒店。该园区可能没有米其林星级餐厅或百老汇剧院，但它正在吸引许多渴望郊区生活与豪华设施双重享受的沃尔玛员工。 斯托姆斯基表示："自园区建成以来，招聘人才变得容易多了。人们确实渴望相聚一处。前来此地的求职者都备受鼓舞。" 走进沃尔玛吸引员工的350英亩新豪华园区 沃尔玛于1月启用位于本顿维尔的新总部，且今年将分阶段持续吸纳更多员工。尽管这家零售巨头未向《财富》杂志证实建造这座豪华园区的具体成本， 但据估计耗资数亿美元——成果已见分晓。 图片来 ...

插 图 来 源 ： JOSUE EVILLA ; 图 片 来 源 ： FROM A PHOTOGRAPH BY AARON SCHWARTZ— SIPA/BLOOMBERG/GETTY IMAGES 尽管最近数月通胀有所降温，但这仍不足以缓解退休人员的担忧。他们几乎都担心积蓄会比预期更快地 消耗殆尽。而且，由于唐纳德·特朗普（Donald Trump）总统推行的影响面甚广的关税政策可能导致物 价上涨，社会保障生活成本调整幅度可能降低，他们的担忧可能进一步加剧。 资产管理公司施罗德（Schroders）2025年美国退休调查显示，92%的退休人员表示担心通货膨胀会削弱 其资产价值，该比例较去年的89%有所上升，成为他们列出的首要担忧。约45%的受访者表示退休后开 支高于预期。 施罗德集团美国固定缴款业务主管黛布·博伊登（Deb Boyden）表示："通胀数据虽有所好转，却并未缓 解退休人员的担忧。住房、食品以及医疗保健等生活必需品价格的攀升，极大地削弱了退休人员的购买 力与财务安全感。" 此外，每年的社会保障生活成本调整（COLA）也极有可能无法填补这一差额。尽管涨幅将于10月正式 揭晓，但无党派倡导组织老年人 ...

部分早期测试者已通过实际任务体验新模型。该公司举例称，购物奖励公司乐天株式会社（Rakuten）的人工智能总经理表示，Opus 4在部署到一个复杂 项目后"自主编码近七小时"。 Anthropic发布了最新一代"前沿"或尖端人工智能模型Claude Opus 4和Claude Sonnet 4。图片来源：GETTY IMAGES 上周四，在旧金山举办的首届开发者大会上，人工智能初创公司Anthropic发布了最新一代"前沿"或尖端人工智能模型Claude Opus 4和Claude Sonnet 4。这 家估值超610亿美元的公司在一篇博文中表示，备受期待的新模型Opus是"全球最佳编码模型"，能够"在需要持续专注且涉及数千步骤的长期任务中保持稳 定性能"。由新模型驱动的人工智能代理可对数千个数据源展开分析，并执行复杂操作。 此次发布凸显了科技公司在"全球最先进人工智能模型"领域的角逐之激烈——尤其在软件工程等领域——各企业纷纷采用新技术来提升速度与效率，谷歌 上周推出的实验性研究模型Gemini Diffusion便是例证。在一项对比不同大型语言模型软件工程任务表现的基准测试中，Anthropic的两款模型 ...

Core Viewpoint - Donald Trump's brand has evolved significantly, transitioning from real estate to technology and digital assets, with a focus on leveraging his personal brand for business ventures [1][2][6]. Group 1: Trump's Brand and Wealth - Trump's personal brand has become a significant asset, with his net worth estimated at approximately $4.8 billion as of March 2023, excluding potential earnings from his digital currency projects [2][5]. - The Trump Organization's real estate holdings are valued at around $2.65 billion, constituting about half of his estimated net worth [8]. - Trump's media ventures, including Trump Media & Technology Group, have expanded into digital platforms, with Truth Social being a key product [9][10]. Group 2: Digital Currency Ventures - Trump has entered the digital currency space with projects like World Liberty Financial and the meme coin "Trump Coin," indicating a shift in his business strategy [2][14]. - The World Liberty Financial project has been criticized for its lack of clear utility, with its tokens primarily seen as a way to connect with the Trump brand [17][20]. - Trump's NFT ventures have generated approximately $7 million in revenue, marking his initial foray into digital assets [14]. Group 3: Financial Performance and Market Position - Trump Media & Technology Group reported revenues of only $3.6 million for 2024, with an operating loss of $400 million, highlighting a significant gap between its market valuation and financial performance [11]. - Despite the underwhelming performance, the company holds $777 million in cash and short-term investments, indicating a relatively healthy balance sheet [12]. - The popularity of Truth Social remains low compared to competitors, with only 304,000 daily active users as of February 2024 [11]. Group 4: Regulatory and Market Challenges - Trump's business operations are characterized by a complex structure of LLCs, making it difficult to trace the sources and scale of his wealth [5][8]. - The lack of transparency in Trump's digital currency projects raises concerns about potential regulatory scrutiny and the implications for investors [15][22]. - Critics argue that Trump's ventures in the digital currency space may provide opportunities for foreign entities to invest in his businesses without public oversight [22].