以下文章来源于Vista看天下 ，作者代科卉 活力进取青年集结地，专注科技创新、文化创新和AI时代人文价值 2024年6月，他向公司提出休假，90.5个工作日后，一纸劳动合同终止书，寄到了自己家里。 本文来自微信公众号： Vista看天下 ，编辑：石悦欣，作者：代科卉，题图来自：视觉中国 "驳回上诉，维持原判。" 2024 年 12 月 16 日，吴起帆申请仲裁，主张恢复劳动关系及工资。之后，仍然是漫长的上诉、起 诉、再上诉…… 吴起帆不同意终止劳动合同（图源：受访者提 供） 吴起帆并非个例。 379天，2025年的最后3天，吴起帆终于收到了判决书。 Vista看天下 . 11页的文件，他很快翻到最后两页——"公司出于'人道主义'自愿补偿吴起帆15万元。"按下熄屏键， 吴起帆拉上窗帘，重新躺回被窝，没有失落感，一切都在他的预料之中。 他的前公司是一家互联网头部大厂，工作两年后，他被诊断为抑郁状态。 被系统"优化"掉的人 意识到自己"出了问题"的那天，是2023年9月的一个早晨。 那天，吴起帆像往常一样开车去公司，车里播放着有声书《正午之魔》，正好讲到抑郁症的典型症状 ——"连续一周以上对事物失去兴趣""失眠或 ...

Core Insights - The traditional browser market has been stagnant for years, dominated by Microsoft’s IE and Google’s Chrome, with little innovation beyond cosmetic changes and plugins [1] - The emergence of generative AI has disrupted this stagnant market, leading to the development of AI-driven browsers like Dia and Quark, which aim to redefine user interaction with web information [2][3] Group 1: Transformation of Browsers - The core transformation of AI browsers is shifting from merely being "information windows" to becoming "execution agents" that can perform tasks for users [3] - Dia, an AI browser, exemplifies this shift by automatically gathering and summarizing information from multiple sources, allowing users to receive direct answers without manual searching [3][4] - The ambition of Dia extends to becoming a "Web operating system," integrating various applications and services directly within the browser, thus enhancing user productivity [4] Group 2: Different Approaches in the Market - In the U.S., companies like Dia are pursuing a disruptive approach by completely overhauling traditional browser interfaces and deeply integrating AI [6][9] - In contrast, Chinese players like Quark and 360 AI Browser focus on enhancing existing browser frameworks with AI tools to address specific user needs, which may lead to quicker commercialization [10][11] - Quark has transformed into a "mobile intelligent laboratory," providing various AI functionalities tailored for students and professionals, leveraging its ecosystem for data storage and processing [13] Group 3: Challenges for Entrepreneurs - The AI browser market faces significant challenges, including competition from tech giants like Google and Apple, which are integrating AI features into their existing browsers [16] - The high computational costs associated with AI functionalities pose a financial risk for startups, necessitating innovative monetization strategies beyond traditional advertising [17] - Ethical concerns regarding content scraping and potential copyright issues may arise as AI browsers generate summaries from original web content, impacting the overall web ecosystem [20] Group 4: Future Outlook - The evolution of AI browsers represents a significant opportunity for investment, as they are seen as the next step in human-computer interaction rather than mere upgrades to existing browsers [21][22] - Entrepreneurs are encouraged to explore niche markets and specific user pain points rather than replicating existing models like Chrome, as the landscape is shifting towards more integrated and intelligent solutions [22]

Core Insights - Alphabet reported a strong quarter with a 16% year-over-year revenue increase, exceeding expectations by $2.2 billion, and an EPS of $2.87, which was 61 cents above forecasts [1][2] Alphabet Performance - In Q3 2025, Google Ads contributed $74.2 billion to Alphabet's total revenue of $102.3 billion, while Google Cloud revenue reached $15.16 billion, growing 33.5% year-over-year due to enterprise AI workloads and infrastructure demand [2] - The third quarter marked Alphabet's first-ever quarter with revenue exceeding $100 billion, driven by AI-powered service enhancements, including AI Overviews and the interactive AI Mode in Google Search [8] - Alphabet's shares surged 65% in 2025, indicating strong market confidence in the company's future prospects [9] Analyst Insights - Doug Anmuth from J.P. Morgan highlighted Alphabet as a top pick, emphasizing its strong position in search-driven digital advertising and AI ambitions, projecting low to mid-teens percentage growth in search revenue [3][10] - Anmuth set a price target of $385 for Alphabet, suggesting a 22% upside from current levels, with a consensus rating of Strong Buy from 27 out of 34 analysts [11] Industry Trends - The AI revolution has significantly impacted digital companies, with productivity improvements and new monetization paths emerging as platforms integrate AI into ads, search, and customer engagement [7] - The overall digital trends and internet sector are expected to continue growing, with major companies projected to achieve low to mid-teens revenue growth in 2026, despite mixed operating income and EPS results [5][6]

Group 1 - The US raid on Venezuela represents a significant paradigm shift that markets are currently underestimating [1][2] - Benchmark oil prices increased less than 1% following the US capture of President Nicolás Maduro, with US stock futures opening higher [2] - The US's control over Venezuelan oil could diminish the importance of Russian oil and reduce Russia's income and power [3] Group 2 - US oil-services companies such as Halliburton, Schlumberger, and Baker Hughes are expected to benefit significantly from the need to modernize Venezuela's oil infrastructure [4] - The influx of Venezuelan oil is forecasted to lead to lower prices for gas, diesel, and jet fuel, benefiting consumers and potentially easing supply chain costs [5]

Core Insights - Xiaohongshu has launched an internal test for its "paid notes" feature, targeting photographers, illustrators, and long-form story creators, indicating its intention to enter the paid online literature market after testing a novel reading section in 2024 [1][2][3] Group 1: Paid Notes Feature - The "paid notes" feature includes three payment models: 1. High-definition original image downloads for visual creators, allowing users to pay for high-quality, watermark-free files [2][3] 2. A model for long-form authors and story creators that allows users to preview part of the content and pay to unlock the full article [2][3] 3. A paid unlock for note collections, aimed at serialized novels and series columns, where users can preview chapters and pay to access all content, facilitating ongoing monetization for creators [2][3] Group 2: Market Context - Xiaohongshu's paid notes feature is currently invitation-only and not available to all users, with plans for gradual expansion of invitations [2][3] - In 2024, Xiaohongshu introduced a novel reading section featuring numerous novels from third-party platforms, all available for free, although access requires users to search for a specific mini-program [2][3] - Competitively, ByteDance is set to launch a standalone paid reading app called "Hongzhu Xiaoshuo" in December 2025, which will clearly differentiate between free and premium content, indicating an intensifying competition in the online literature market [2][3]

A trader wears "2026" glasses on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Dec. 31, 2025.May this year prove as lucrative as 2025, when the S&P 500 rallied 16.39% mostly on the back of enthusiasm over artificial intelligence. Other highlights of last year: Google-parent Alphabet was the most magnificent of the Magnificent Seven; Colombia's stock market was the surprise leader of the MSCI All Country World Index; silver surged over 141%, outshining its sibling gold, which ...

美国互联网巨头 Meta 数十亿美元收购 Manus 这事，真是出圈了。不止是轰动技术圈和资本圈，连汽车博主也开始讨论了。 1 月 4 日傍晚小程程在微信刷到这篇： 我把这个问题扔给了 3 个大模型，得到的结论一致：不是卖国 （↑豆包） （↑ 元宝） （ ↑ DeepSeek） ...

Core Viewpoint - Baidu Group's Q4 earnings are expected to show a decline in revenue and net profit, with a significant drop in adjusted net profit compared to the previous year [1][2]. Financial Performance Forecast - Q4 revenue is projected to be between 316.81 billion to 344.61 billion RMB, reflecting a year-on-year change of -7.2% to 1.0% [1][2]. - Q4 net profit is expected to range from 10.13 billion to 162.44 billion RMB, with a year-on-year change of -80.5% to 212.9% [1][2]. - Adjusted net profit for Q4 is forecasted to be between 28.00 billion to 45.61 billion RMB, indicating a year-on-year change of -58.3% to -32.0% [1][2]. Business Segment Insights - Kunlun Chip: The company has initiated the process for a Hong Kong IPO, with plans to launch Kunlun Chip M100 and M300, aiming for a leading position in AI chip shipments in 2024 [3][4]. - AI Marketing and Cloud Business: Revenue has significantly increased, with AI-native marketing expected to drive a second growth curve for the advertising business [4]. - Intelligent Driving: The business has achieved breakeven in key regions, with a 212% year-on-year increase in orders for the "萝卜快跑" service in Q3 2025, and is accelerating overseas market expansion [3][4]. Strategic Positioning - Baidu Group is positioned as a leader in AI technology, with new AI-driven business revenues growing by 50%, accounting for 39% of core business revenue [4]. - The integration of AI-related businesses and resources is accelerating the monetization of AI products, with the Apollo Go service achieving over 250,000 weekly orders and a cumulative total of over 17 million orders [4].

Core Insights - WeChat Mini Programs have launched the "AI Application and Online Tools Mini Program Growth Plan" to stimulate innovation in AI vertical applications [1] Group 1: Program Overview - The growth plan aims to provide comprehensive support including cloud development resources, AI computing power, data analysis, advertising monetization, and traffic incentives [1] - The incentive period for this growth plan is from January 1, 2026, to December 31, 2026 [1] Group 2: Target Audience - The plan is designed to assist developers in quickly transforming their ideas into viable, scalable, and profitable products [1] - It covers key aspects of development, operation, and monetization [1]

Core Insights - The acquisition of the AI company Manus by Meta for over $2 billion marks the fastest record for a domestic AI team from establishment to acquisition by a tech giant, encouraging more AI teams to expand internationally [2][5] - The investment community emphasizes the importance of internationalization for AI companies, suggesting that focusing solely on the domestic market limits valuation and future profitability [2][5] Company Analysis - Bilibili-W (09626) saw its stock price increase by 5.56%, reaching HKD 210.80, with a trading volume of HKD 820 million [2][5] - Bilibili is in a commercialization acceleration phase, with significant upgrades expected by 2025, including the integration of the InsightAgent AI analysis system across its platforms [2][5] - The application of AI is anticipated to enhance content creation efficiency and diversify commercialization strategies, significantly impacting Bilibili's advertising and gaming sectors [2][5] Industry Outlook - CITIC Securities forecasts that AI applications will gain momentum by 2026, with the acquisition of Manus by Meta highlighting the ongoing relevance of niche applications in the market [2][5] - Zhongtai Securities notes that companies benefiting from advertising budget competition are likely to see positive impacts from the integration of AI technologies [2][5]