"心想事成"不再只是一句祝福 你可曾想过 而是一种真实的科技力量？ 0:00 2024年11月，在浙江残疾人未来科技运动会上，一位残疾人运动员体验脑控轮椅。（研发团队供图） 自1973年这个概念诞生以来 脑机接口融合神经科学、材料学 （海报由AI生成） 有一种前沿技术 能在我们的大脑与外部设备之间 建立直接的信息通道 架起一座无形的"桥梁" 它将无形的脑电信号 转化为有形的交互指令 这，就是脑机接口 计算机科学等多学科智慧 正一步步从实验室走向我们的生活 中国信息通信研究院数据显示 我国脑机接口企业已突破200家 这项技术尤其为 卒中、脊髓损伤、孤独症等神经疾病患者 带来功能恢复的希望 0:00 （海报由AI生成） 在杭州 脑机接口产品化身为 一位耐心的"大脑AI私教" 它陪伴着13岁的孤独症女孩朵朵（化名） 走过了一年多的神经导航训练 朵朵的妈妈说 从机械的"复读" 到主动理解语境、表达需求 朵朵开始对接这个世界细小的声响与温度 那些一点一滴的变化 像一束束暖光照亮了家的日常 浙江大学求是高等研究院教授郑能干认为 脑机接口技术"以人为本、注重落地" 它的意义在于 帮助人们过上更加美好、更高质量的生活 "十五 ...

Group 1: Core Insights - The article discusses the launch of a national venture capital fund with a direct investment of 100 billion yuan to leverage over a trillion yuan in social capital, indicating a significant shift in the entrepreneurial landscape [1][2] - It emphasizes five key sectors that present real opportunities for wealth generation by 2026, highlighting the intersection of policy support and technological advancements [2][62] Group 2: Embodied Intelligence - The first opportunity is in embodied intelligence, specifically humanoid robots, with a notable company, UBTECH, reporting over 1.3 billion yuan in orders this year, surpassing the total industry sales from the previous year [7][8] - The article notes that 2025 is expected to be a financing year for embodied intelligence, while 2026 will focus on actual deliveries, with major companies like BYD and Foxconn placing orders [10][13] - Opportunities for ordinary entrepreneurs lie in components such as dexterous hands and sensors, as well as in robot maintenance and after-sales services, which are expected to become lucrative as robots are deployed in factories [15][18] Group 3: AI Application Layer - The second opportunity focuses on the AI application layer, particularly vertical industry AI tools, as the price war for large models has concluded, paving the way for a golden era of application [19][22] - Examples include an AI legal assistant that automates contract review for small businesses and an AI video editing tool for e-commerce, both demonstrating significant revenue potential [23][27] - The article advises against creating generic AI solutions and instead suggests developing specific industry applications that can save costs or generate revenue for businesses [29][30] Group 4: Low-altitude Economy - The third opportunity is in the low-altitude economy, projected to reach a market size of 3.5 trillion yuan, with recent developments like the launch of a manned eVTOL route between Shenzhen and Zhuhai [31][39] - Key opportunities include the development of supporting infrastructure such as landing pads and charging stations, as well as low-altitude logistics and tourism services [37][38] Group 5: Quantum Technology and Brain-Machine Interfaces - The fourth opportunity involves quantum technology and brain-machine interfaces, with the national venture capital fund focusing on these critical technologies [40][41] - There is potential for early-stage projects in quantum communication and medical rehabilitation using brain-machine interfaces, with significant market demand for rehabilitation services [44][45] - Entrepreneurs with access to medical or academic resources are encouraged to explore technology transfer services or invest in early-stage funds in these sectors [46][48] Group 6: Chinese Enterprises Going Global - The final opportunity is for Chinese enterprises to expand overseas, capitalizing on the significant market potential outside of China, particularly in Southeast Asia [50][51] - Successful examples include cross-border e-commerce and live-streaming sales, where Chinese products are in high demand due to a lack of local supply chains [52][53] - The article cautions that entering foreign markets requires understanding local regulations and consumer habits, suggesting partnerships with local experts or established companies [56][58]

Core Viewpoint - The Hainan Provincial Development and Reform Commission aims to establish Hainan Free Trade Port as a significant gateway for China's new era of opening up, focusing on high-quality economic and social development post-closure [1] Group 1: Economic and Trade Development - The commission will leverage high-level openness to create a new open economic structure, emphasizing investment liberalization and facilitation, and optimizing market access [1] - Measures will be taken to reduce the negative list for foreign investment and explore a collaborative model for domestic and foreign investment access [2] Group 2: Industrial Development - The commission plans to build a modern industrial system with Hainan characteristics, focusing on innovation-driven development and the "45432" framework [2] - Key industries will be supported to enhance their supply chains and upgrade, while new industries such as biomanufacturing and hydrogen energy will be prioritized [2] Group 3: Reform and Market Environment - Continuous efforts will be made to eliminate hidden barriers for private enterprises, particularly in market access and project approval [3] - The commission will reform investment and financing systems to increase the proportion of private and foreign investment [3] Group 4: Regional Coordination and Development - The strategy includes enhancing regional collaboration and integrating with international and domestic markets, particularly through the Belt and Road Initiative [3] - A new regional development pattern will be established, focusing on urban-rural integration and resource sharing [3] Group 5: Social Welfare and Public Services - The commission emphasizes a people-centered approach, aiming to improve public services and social security systems to enhance the well-being of residents [4] - Efforts will be made to ensure equitable access to basic public services and improve living conditions [4] Group 6: Safety and Risk Management - The commission will focus on economic security, identifying and preventing risks in key areas such as food and energy supply [5] - Initiatives will be implemented to enhance the "Smart Hainan" infrastructure and manage social expectations effectively [5]

仅需毫米规格的人工培育类脑组织，机器人就可实现自主决策、行进避障。"生物中枢＋机械控 制"这一颇具未来感的场景，已在天津大学实验室内成为现实。 这个片上脑机接口智能交互系统，由脑机交互与人机共融海河实验室团队牵头、南方科技大学等团 队协作开发，能够通过细胞驱动实现"意念控制"。天津大学医学院教授李晓红说，目前团队正聚焦技术 的优化和落地应用。 距实验室仅一公里外，合源生物科技股份有限公司的研发基地里，缓慢晃动的生物反应器中孕育着 血液肿瘤患者生的希望。 作为一家聚焦于细胞治疗的企业，合源生物成立7年多来，已有两项细胞治疗国产CAR－T药物适 应症获批上市。合源生物创始人、CEO吕璐璐对未来信心满满："新的一年，企业将在产能扩增、推进 全球布局等方面深耕。" 近年来，天津加速布局未来产业，在合成生物、脑机接口等特色领域不断发力，已获批组建29家全 国重点实验室，建设细胞生态、先进计算与关键软件等7家海河实验室，国家和部级创新平台总数近280 家。如今，在智算芯片、细胞与基因治疗等关键技术领域，天津不断实现新突破。 不仅如此，天津科教资源丰富，聚力打造的天开高教科创园加快科技成果转化、科技企业孵化，累 计注册企业 ...

Core Viewpoint - Neuralink, founded by Elon Musk, aims to mass-produce brain-machine interface devices by 2026, transitioning from laboratory to clinical applications, with a focus on simplifying the surgical process for implantation [1][10][42]. Group 1: Neuralink's Development Timeline - Neuralink was established in 2016, with significant milestones including animal experiments in 2019, demonstrations with a pig in 2020, and a monkey playing a game in 2021 [33][34][35][36]. - In 2023, Neuralink received FDA approval to conduct human clinical trials, marking a pivotal moment in its development [38]. - By September 2025, Neuralink had implanted devices in 12 patients, which increased to 20 by December of the same year [5][41]. Group 2: Surgical Process and Technology - The current surgical procedure for implanting the brain-machine interface involves complex steps, including the removal of part of the skull and the dura mater, which complicates scalability [8][9]. - Neuralink plans to simplify this process by allowing electrode wires to penetrate the dura mater without cutting it, reducing risks and costs associated with the surgery [12][14]. - This new "minimally invasive" approach is expected to lower the barriers for standardization and increase the accessibility of the technology [14]. Group 3: Market Potential and Applications - The demand for brain-machine interfaces is significant, particularly for treating neurological disorders such as paralysis, muscular atrophy, Parkinson's disease, dementia, and vision impairments [6][18]. - The first human volunteer for Neuralink's device, Noland Arbaugh, was able to post on social media and play video games post-surgery, showcasing the potential life-changing impact of the technology [19][22]. - If Neuralink successfully scales production and reduces surgical costs, it could transform the lives of many individuals with neurological conditions [23]. Group 4: Broader Implications and Future Vision - Beyond medical applications, Musk envisions Neuralink as a means for humanity to keep pace with advanced AI, suggesting that a high-bandwidth interface could prevent humans from becoming obsolete [25][27]. - The potential for individuals to update their skills through direct brain connections to the internet could lead to unprecedented advancements in human civilization [28].

本文字数：4150，阅读时长大约8分钟 作者 | 第一财 经 钱童心 从硅谷的手术机器人精准植入柔性电极，到中国实验室里"北脑二号"的千通道解码算法突破；从让瘫痪者用 意识打游戏、发微博，到用超声波无创调控大脑情绪——脑机接口不再只是科幻片的桥段，它正在医疗领 域掀起新一轮技术浪潮。 2026年新年伊始，美国科技富豪马斯克在社交媒体上宣布，他的脑机接口公司Neuralink今年将开启"大规模 量产"（high volume），并转向更精简、全自动化的外科手术流程。 与此同时，中国的脑机接口公司也正在加速临床，并呈现多种技术路线并行的格局。一场集体"插脑"竞赛进 入冲刺阶段。 海内外多种技术路线并行 在复旦大学附属华山医院，由毛颖院长带领的脑机接口团队在过去一年里完成了中国第一例"全植入式脑机 接口"临床试验。患者"小董"（董辉）是一位因车祸导致脊髓损伤、四肢瘫痪的病人。毛颖告诉第一财经记 2026.01. 03 者，小董在术后第9天，右手就可以微微举起圆球。随后他又举起哑铃、用左手拿杯子喝水；经过半年训 练，小董右手可以握笔写字。 脑机接口的植入不仅帮助小董实现了运动功能的部分重建，更极大地重建了他的生活信心 ...

从硅谷的手术机器人精准植入柔性电极，到中国实验室里"北脑二号"的千通道解码算法突破；从让瘫痪 者用意识打游戏、发微博，到用超声波无创调控大脑情绪——脑机接口不再只是科幻片的桥段，它正在 医疗领域掀起新一轮技术浪潮。 2026年新年伊始，美国科技富豪马斯克在社交媒体上宣布，他的脑机接口公司Neuralink今年将开启"大 规模量产"（high volume），并转向更精简、全自动化的外科手术流程。 与此同时，中国的脑机接口公司也正在加速临床，并呈现多种技术路线并行的格局。一场集体"插脑"竞 赛进入冲刺阶段。 海内外多种技术路线并行 在复旦大学附属华山医院，由毛颖院长带领的脑机接口团队在过去一年里完成了中国第一例"全植入式 脑机接口"临床试验。患者"小董"（董辉）是一位因车祸导致脊髓损伤、四肢瘫痪的病人。毛颖告诉第 一财经记者，小董在术后第9天，右手就可以微微举起圆球。随后他又举起哑铃、用左手拿杯子喝水； 经过半年训练，小董右手可以握笔写字。 脑机接口的植入不仅帮助小董实现了运动功能的部分重建，更极大地重建了他的生活信心。更意外的 是，医生观察到，在接受脑机接口训练后，即使在不佩戴外部设备时，小董的手部功能也出现 ...

2026年新年伊始，美国科技富豪马斯克在社交媒体上宣布，他的脑机接口公司Neuralink今年将开启"大规模量产"（high volume），并转向更精简、全自动化 的外科手术流程。 与此同时，中国的脑机接口公司也正在加速临床，并呈现多种技术路线并行的格局。一场集体"插脑"竞赛进入冲刺阶段。 海内外多种技术路线并行 在复旦大学附属华山医院，由毛颖院长带领的脑机接口团队在过去一年里完成了中国第一例"全植入式脑机接口"临床试验。患者"小董"（董辉）是一位因车 祸导致脊髓损伤、四肢瘫痪的病人。毛颖告诉第一财经记者，小董在术后第9天，右手就可以微微举起圆球。随后他又举起哑铃、用左手拿杯子喝水；经过 半年训练，小董右手可以握笔写字。 未来，除了帮助运动障碍功能者恢复运动能力之外，"让失语者说话"、"让盲人看见"，是包括马斯克的Neuralink在内的全球脑机接口公司共同的愿景。 从硅谷的手术机器人精准植入柔性电极，到中国实验室里"北脑二号"的千通道解码算法突破；从让瘫痪者用意识打游戏、发微博，到用超声波无创调控大脑 情绪——脑机接口不再只是科幻片的桥段，它正在医疗领域掀起新一轮技术浪潮。 脑机接口的植入不仅帮助小董实现 ...

Group 1: U.S. Stock Market Predictions - The U.S. stock market is expected to continue its upward trend, with varying predictions from Wall Street firms. Morgan Stanley forecasts the S&P 500 index to rise to 7800 points, a 14% increase from the current level of 6858 points [1]. - Goldman Sachs predicts the S&P 500 will reach 7600 points by the end of 2026, while Bank of America estimates a modest increase of 4-5%, targeting 7100 points [1][2]. - In contrast, bearish analysts from Motley Fool predict a decline of at least 20% for the S&P 500, citing high historical price-to-earnings ratios as a key concern [5]. Group 2: AI Industry Outlook - The AI sector faces potential challenges, with economist Ruchir Sharma suggesting a bubble may burst due to rising interest rates impacting over-investment [6]. - Lazard Investment Management warns that AI-related capital expenditures are increasingly reliant on debt financing, posing risks of overcapacity and delayed returns [6]. - Conversely, proponents argue that AI has initiated a new industrial era, with significant contributions to GDP growth from data centers and AI investments [6]. Group 3: Upcoming IPOs - Major companies like OpenAI, SpaceX, and Anthropic are planning IPOs in 2026, with SpaceX currently valued at $800 billion and OpenAI at $500 billion [6][7]. - PwC notes that a backlog of IPOs is expected to be released in 2026 due to delays from regulatory reviews, with over 800 unicorns in the candidate pool [7]. Group 4: Key AI Companies to Watch - Analysts from Wedbush highlight five AI companies poised to be market leaders by 2026: Microsoft, Apple, Tesla, Palantir, and CrowdStrike, each with unique growth drivers and market potential [8][9]. Group 5: Quantum Computing Developments - 2026 is anticipated to be a milestone year for quantum computing, with expectations that quantum computers will surpass traditional ones in specific tasks [9][10]. - However, breakthroughs in quantum technology could disrupt the cryptocurrency market, with predictions of significant declines in Bitcoin prices due to vulnerabilities in digital security standards [10]. Group 6: Federal Reserve Leadership Uncertainty - Jerome Powell's potential departure from the Federal Reserve in 2026 raises concerns about future monetary policy direction, which could lead to market volatility and a potential flight from dollar assets [11]. Group 7: Brain-Computer Interface Innovations - The brain-computer interface sector is expected to see significant advancements, with Neuralink facing competition from new startups employing less invasive technologies [12]. Group 8: AI-Induced Job Displacement - Geoffrey Hinton warns that AI could lead to widespread job displacement by 2026, as it becomes capable of performing tasks traditionally done by humans [13][14]. Group 9: Gold and Silver Price Predictions - Economist Jim Rickards predicts gold prices could reach $10,000 per ounce and silver $200 per ounce in 2026, driven by increased demand from institutional investors [14]. - UBS forecasts gold prices to peak at $5,000 per ounce in the first three quarters of 2026 before slightly declining [14]. Group 10: Economic Crisis Predictions - Jim Rogers anticipates a significant economic crisis in 2026, citing potential issues in the U.S. and Japan that could impact global markets [16][17]. - Standard Chartered outlines four major risks for 2026, including underperformance in the AI sector and potential credit defaults affecting market stability [18].

2026年，全球市场将进入关键转折期，多重变量密集交织。 美股能否维持上涨态势？ AI行业将遭遇泡沫破裂还是开启工业化？ 量子计算、脑机接口将带来颠覆性变革？ 美联储人事与政策"迷局"如何搅动全球市场？ 黄金价格将会涨到多高？ 《每日经济新闻》记者根据华尔街投行、知名经济学家、科技圈领军者以及分析师的最新研判，梳理出 2026年全球市场十大预测。 一、美股还能涨多久？华尔街预期不一 美股在2025年延续了牛市，却罕见地跑输了国际市场。剔除美国公司后的MSCI全球指数（MSCI ex-US index）全年上涨约29%，大幅领先标普500指数16%的涨幅，这是自2009年以来两者最大的差距。 2026年美股将怎么走？华尔街投行纷纷给出预测。 摩根士丹利在《2026年投资展望》报告中预计，2026年美国股市将跑赢全球股市，标普500指数将在未 来12个月内升至7800点，较当前水平（6858点）上涨约14%。 高盛《2026年展望》报告预测，标普500指数将在2026年底达到7600点。 美国银行美国股票策略主管萨维塔•苏布拉马尼安预计，2026年标普500指数仅上涨4%～5%，年底目标 价为7100点。 摩根大 ...