本文首发于2025年03月 今天，我们重发一篇过往比较受欢迎的文章《》，希望对你有所启发。 观点 / 刘润 主笔 / 景九 责编 / 黄静 不过，去年第四季度，麦肯锡发布了一份报告: 《The next big arenas of competition》(下一个重大竞争：改变商业格局的行业领域)。 这份报告用200多页的篇幅，详细分析了未来最有可能改变全球商业格局的18个赛道，并预测2040年，这18个赛道将实现29万 —48万亿美元的收入，贡献18-34%的全球GDP增长。 那么，这些风口行业，都是什么？以及，为什么是他们？ 以下是这篇次条重发文章正文。 每年，我都会听到类似的声音。 哪里还有机会？时代变化太快，未来看不清，下一步，我到底该去哪？学些什么知识？ 是啊，回头看看过去20年，有太多的"风口"从我们面前溜走。2003年的软件，2010年的电商，2015年的移动互联网...似乎，每 个风口，都催生出了一批千亿市值的巨头，也带动了无数从业者财富自由。 未来的10年、20年，还会有这样的机会吗？ 坦白说，这个问题不太好回答。毕竟，未来这个东西，谁都不敢说自己能完全看清。 今天，我们一起来看看。 18个 ...

人民财讯12月9日电，华泰证券发布传媒行业2026年度展望：聚焦游戏产品向上周期，寻找AI应用突破 性机会。展望2026年，看好传媒行业三大配置方向：1)游戏板块自下而上选择有业绩α的公司，行业规 模稳健增长，2026年部分现运营产品流水或仍攀升，多款重点新品有望上线；2)AI应用有望涌现及加速 商业化，大模型能力跃迁、推理成本下降带动AI应用渗透率提升，Agent或迎来奇点，重点看好AI+广 告、AI+电商等；3)影视行业在政策利好的驱动下，持续优化内容供给。AI技术已深度赋能制作环节， AI漫剧商业化落地迅速。 ...

Group 1: Market Overview - The three major US stock indices closed lower on Monday, with the Dow Jones down 0.45%, the Nasdaq down 0.14%, and the S&P 500 down 0.35% [1][7] - Large tech stocks showed mixed performance, with Broadcom rising over 2%, while Tesla and Netflix fell over 3% [1][7] Group 2: Commodity and Currency Dynamics - WTI crude oil fell below $59 per barrel, down 1.84% [3][9] - Gold futures briefly surpassed $4220 per ounce before retreating, closing down 0.79% [4][9] - Spot gold fell below $4180 per ounce, down 0.39% [5][9] - US natural gas futures dropped over 9% due to narrowing temperature drop forecasts and high production levels, currently at $3.849 per million British thermal units [5][9] - A 7.5 magnitude earthquake near eastern Honshu, Japan, caused short-term fluctuations in the USD/JPY exchange rate, which rose by 0.5% to 155.81 yen [5][9] Group 3: International Market Developments - Paramount launched a hostile takeover bid for Warner Bros. Discovery, offering $30 per share in cash, an 8% premium over Netflix's previous $720 billion acquisition offer of $27.75 per share, potentially providing shareholders with an additional $18 billion in cash benefits [10] - Warner Bros. owns several major networks including CNN, TBS, HGTV, and the HBO Max streaming platform, with Paramount claiming the proposal is more likely to pass regulatory scrutiny [10] - Former President Trump plans to sign an executive order this week to simplify AI industry regulatory approval processes, aiming to prevent individual states from creating conflicting regulations that could undermine the US's competitive edge in AI [10]

电商榜单价值及影响力 丨 洞察报告 摘要： 报告系统解析了榜单在"用户决策效率提升、平台信任心智构建、品牌增长杠杆释放、行业品质生态促进"等 方面的结构性价值，指出榜单正从简单的推荐工具升级为兼具内容价值、交易价值和品牌价值的综合性经营 组件。 海量商品触手可 及但品质良莠不齐，消费者的核心挑战不再是"找不到"，而是"不敢买"和"不会 选"。 调研显示，决策效率、购物信任与品质选择成为提升消费体验的三大核心需求，包括因内容信息 过载引发的决策效率需求、因产品评价视角复杂引发的购物信任需求，以及因产品丰富度较高引发 的品质选择需求。越来越多的消费者期望借助更优质的工具或产品以满足上述需求，从而进一步提 升消费体验。 电商榜单建立用户信任，正成为重要的消费决策工具 当前影响消费决策的形式多样，如搜索推荐、直播带货、达人推荐等，其中通过多维数据筛选后形 成的"电商榜单"也受到了更多消费者的关注。调研显示，约有30%的消费者在购物时开始关注"电 商榜单"，且这一比例仍在持续增长。有超4成消费者认为"榜单推荐的商品值得优先考虑或进一步 了解"。有超7成的消费者认为"电商榜单能找到更优质、安全的商品，同时简化购买流程，减 ...

Group 1 - Hema acknowledged issues with strawberry cakes sold, affecting approximately 60 units across 7 stores due to ingredient handling errors [2] - Wanda Group has a new enforcement order for over 1.7 billion yuan, with over 6.9 billion yuan in total enforcement amounts against the company [2] - The State Taxation Administration prohibits platform companies from shifting tax obligations to gig workers, ensuring they are not overcharged [3][9] Group 2 - PepsiCo plans to reduce its product variety in the U.S. market by nearly 20% by early next year, aiming to cut operational costs and enhance efficiency [5] - The price of three-valent flu vaccines has dropped to 5.5 yuan, attributed to intense competition and oversupply in the vaccine market [8] - Paramount has proposed a cash acquisition offer of $30 per share for Warner Bros. Discovery, valuing the company at $108.4 billion [7] Group 3 - Faraday Future's board approved a five-year plan to produce 400,000 to 500,000 vehicles, with the first batch of FX Super One vehicles set to roll off the production line [13] - The International Monetary Fund (IMF) has officially launched its Shanghai Regional Center to enhance cooperation with the Asia-Pacific region [12] - The U.S. government announced a $12 billion aid package for farmers affected by tariff policies, addressing the negative impact on agricultural markets [14]

当全球科技公司纷纷押注大模型、AI 基础设施、推理芯片，亚马逊也在疯狂加码。但问题是，有人认为公司正在为此牺牲太多。 上周，超过 1000 名亚马逊员工联名发布公开信，向 CEO Andy Jassy 及公司高层发出警告：亚马逊正在以"失控"速度推进 AI，而这可能会"对民主、就业 以及地球造成难以想象的巨大损害"。 AI 加速→碳排升高→岗位缩减？员工：公司优先 AI，而不是人类未来 这封公开信开门见山地指出：亚马逊正在"放弃气候目标来发展 AI"，并在内部推动一种"AI 高于一切"的文化。员工的核心担忧可总结为以下三点： （1）亚马逊为了 AI，正在牺牲其气候承诺 亚马逊曾承诺将于 2040 年实现净零排放，但其公开的碳排数据显示：自 2019 年以来，亚马逊整体碳排持续上升；2023 年碳排增加 6%，重要原因就是大 规模数据中心扩建——而这些数据中心正是 AI 模型训练与推理的核心基础设施。 （2）AI 取代岗位的速度，远超员工心理准备 这一年，亚马逊的 AI 转型也显得特别激进。今年 10 月宣布裁撤 1.4 万名企业员工，而路透社进一步披露，最终裁员规模可能扩大至 3 万人 ——将创下 公司历史最 ...

Market Overview - The three major U.S. stock indices experienced slight declines on December 8, with the Dow Jones down 0.45%, S&P 500 down 0.35%, and Nasdaq down 0.14% [1][2]. Technology Sector - Major technology stocks mostly fell, with the Wande American Technology Seven Giants Index decreasing by 0.28%. Notably, Tesla dropped over 3% after Morgan Stanley analyst Andrew Perkoco downgraded the stock, citing that its current valuation cannot support a buy rating and predicting a "volatile trading environment" until 2026 [2]. - Other tech stocks such as Google, Amazon, Facebook, and Apple also saw declines, while Microsoft and Nvidia gained over 1% [2]. Chinese Stocks - The Nasdaq China Golden Dragon Index rose by 0.08%, with individual stocks showing mixed performance. Notable gainers included Suodi Bio up over 102%, Huya up over 7%, and Daqo New Energy up over 4%. Conversely, Legend Biotech fell over 7%, and ZTO Express dropped nearly 3% [4]. Commodity Market - International oil prices saw a significant drop, with U.S. oil down over 2% and Brent oil down nearly 2% at the close [4]. Economic Policy - U.S. President Trump announced a $12 billion aid package for American farmers to mitigate the adverse effects of tariffs on agriculture, which has led to low prices for crops like soybeans and corn [6]. - The probability of a 25 basis point rate cut by the Federal Reserve in December is at 89.4%, with a cumulative probability of a 25 basis point cut by January at 68.5% [6].

每经编辑｜张喜威 王晓波 √中国1至11月社会融资规模等数据将2 2 2025中国化肥行业高质量发展大会将 日至10日举办 3 Carbontech2025第九届国际碳材料; 业展览会将于12月9日至11日在上海举办 4 沃尔玛12月9周从纽交所转板至纳斯达 5 OpenAl的CPT-5.2模型已完成准备， 月9日发布 1 隔夜市场 美股三大指数集体收跌，道指跌0.45%，纳指跌0.14%，标普500指数跌0.35%，大型科技股多数下跌，特斯拉跌超3%，谷歌跌逾2%，亚马逊跌超1%，脸书 跌近1%，苹果跌0.32%；微软、英伟达涨超1%。纳斯达克中国金龙指数涨0.08%，中概股涨跌不一，高途、世纪互联涨超4%，百度、名创优品涨超3%，小 鹏汽车、新东方涨超2%，网易跌超2%，爱奇艺跌近1%。 12月8日，白宫经济顾问哈塞特就美联储发表看法称，应该继续降低利率。关于利率应降至多低的问题，他表示必须密切关注数据情况。他还表示，若现在 就公布未来6个月的利率承诺，将是不负责任的行为。 国际油价大幅走低，截至发稿时，美油主力合约跌2.13%，报58.8美元/桶；布伦特原油主力合约跌2.01%，报62.47美元/桶。 ...

Core Insights - The report analyzes the core value and influence of e-commerce rankings in consumer decision-making, highlighting that 30% of consumers pay attention to rankings while 76.56% believe rankings help find high-quality products and reduce purchase risks [1][7][9] - Over 90% of consumers are aware of ranking products, with 75.6% considering rankings as a significant factor in their purchasing decisions [12][23] - The report emphasizes the importance of building a three-way win ecosystem among users, brands, and the industry, with rankings simplifying decision-making and enhancing trust [1][14] Industry Insights - E-commerce rankings are becoming essential tools for consumers in a market with abundant but varied product quality, addressing the pain points of "not daring to buy" and "not knowing how to choose" [1][7] - The rankings serve as a "trust infrastructure" for e-commerce platforms, enhancing user trust and providing a fair display opportunity for quality products and brands [14][30] - The report indicates that the future of e-commerce rankings will focus on pure data evaluation and non-commercialization, evolving into a dual-interaction model that empowers brand innovation and optimizes user shopping experiences [1][30] User Insights - More than 80% of users actively follow rankings, with 52.2% prioritizing products marked with ranking labels [21][23] - Users increasingly view rankings as critical decision-making tools, with 54.6% of users preferring to check rankings when seeking high-quality products [26][27] - The report notes that 97.8% of users who have used the rankings intend to continue or increase their usage frequency in the future [28][29] Benchmark Insights - JD's ranking system (京东金榜) leads the industry in awareness, user experience, and satisfaction, with nearly 70% of users mentioning it first when asked about rankings [17][18] - The ranking system has established a reputation for quality through objective evaluation criteria, significantly enhancing consumer trust [33][34] - JD's ranking has evolved from a tool to a comprehensive guide for quality consumption, aiming to provide a trustworthy shopping experience for consumers [31][32]

新华社北京12月8日电 题：坚持在开放合作中育新机拓新局——中国与世界共享机遇共同发展 新华社记者邹多为、戴锦镕、丁乐 中国越发展就越开放，开放是国家繁荣发展的必由之路。 纵观2025年，面对外部冲击影响加大，中国积极识变应变求变，以开放促改革促发展，在加快构建 新发展格局中携手各国共享新机遇、共拓新空间。 外贸"韧实力"展现新气象 "箱"当给力！12月2日，世界第一大港迎来历史性时刻—— 随着一个身披"红妆"的集装箱被稳稳吊至装箱轮，宁波舟山港年集装箱吞吐量首次突破4000万标准 箱，成为全球第三个达成这一里程碑的港口。 川流不息的货车船只、强大的吞吐能力、高效运转的作业系统……港口作为观察我国外贸活力 的"晴雨表"，清晰展现出货物贸易第一大国的强劲韧性。 海关总署12月8日发布的最新数据显示，今年前11个月，中国货物贸易进出口总值达到41.21万亿 元，同比增长3.6%；11月当月，进出口同比增速回升至4.1%，从2月起连续10个月保持增长。 海关总署副署长王军分析认为，中国外贸之所以稳中有进、量质齐升，主要源于完备产业体系支撑 的底气，新质生产力带来的朝气，以及广大外贸企业迎难而上、开拓进取的锐气。 习 ...