文｜独角兽挖掘机 挖哥 编辑｜角叔 2025年的AI产业版图上，一场矛盾的"双焦戏"正在上演：一边是全球科技股的震荡回调。恒生科技指数 两月最大回撤超15%，英伟达等龙头股单日上演"高开低走"过山车行情，"AI泡沫破裂"论调此起彼伏。 另一边却是智能体（AI Agent）赛道的逆势爆发——中国智能体市场规模从2024年的47.5亿元跃升至 78.4亿元，增长超过60%，百度、腾讯、微软等中外巨头纷纷押注，医疗、工业、金融等领域的落地案 例呈指数级增长。 当质疑者将智能体归为"泡沫新包装"时，产业端的真实变革已给出答案：2025年，不是AI泡沫的狂欢 年，而是智能体从概念走向价值兑现的商业元年。 01、从"对话工具"到"执行实体" 智能体（AI Agent）被认为是一种"能够自主理解、规划并执行复杂任务的软件程序"，它由大语言模型 驱动，可自主调用工具与系统，无需人类逐步提示就能完成高层级目标。 这与传统AI助手存在本质区别——当你向传统AI助手询问"如何分析行业财报"时，它会给出方法；而向 智能体下达同样指令，它能自主爬取数据、交叉验证、生成结构化研报，全程仅需最终审核。 智能体的诞生并非偶然，而是AI技术迭 ...

Core Insights - Qualcomm's CEO, Cristiano Amon, announced that commercial 6G devices are expected to be deployed on a large scale by 2028 [1] - Amon emphasized that 6G will not only enhance speed and bandwidth but will also create an intelligent network architecture that enables real-time collaboration between edge devices and the cloud, providing foundational support for AI-native applications [1] - The future AI agents are projected to replace smartphones as the primary interface, operating widely across devices such as headphones, glasses, and cars, with the perception and low-latency features of 6G being crucial for realizing this vision [1]

Core Insights - The concept of AI Agents has gained significant attention, with major internet companies competing in this space, indicating a growing market for AI-driven solutions [1][2] - There is a high demand for talent in AI Agent development, with companies offering competitive salaries, reflecting a supply-demand imbalance in the job market [2][3] - The training market for AI Agents is booming, but the quality of training programs varies widely, raising concerns about the effectiveness and legitimacy of many offerings [3][4][5] Group 1: Market Dynamics - AI Agents are likened to digital employees that can execute tasks autonomously, enhancing decision-making processes across various industries [1] - Major players like ByteDance, Tencent, and Baidu are actively developing AI Agent platforms, leading to increased competition [1] - The demand for AI Agent developers is high, with salaries for related positions often exceeding 20,000 yuan per month [2] Group 2: Training Landscape - The surge in interest for AI Agent training has led to a proliferation of courses, but many lack depth and are criticized for being more about marketing than education [3][4] - Some training institutions claim to offer comprehensive programs, but many instructors lack a solid AI background, leading to concerns about the quality of education [4][5] - A specific training company, "智能体来了," claims to provide rigorous training focused on practical skills, distinguishing itself from competitors [5][9] Group 3: Financial Aspects - "智能体来了" anticipates significant revenue growth, projecting earnings of several million this year and over 100 million next year, indicating a lucrative market potential [9][10] - The pricing for training courses varies widely, with online courses starting at 199 yuan and intensive offline courses costing up to 16,800 yuan [9][10] - The company claims a 100% employment rate for graduates of its training programs, suggesting strong demand from employers for trained AI Agent professionals [10][12] Group 4: Future Outlook - The AI Agent sector is expected to remain a significant growth area for the next 3-5 years, with ongoing demand for both application and development roles [17] - Despite the current enthusiasm, there are concerns that if training programs do not evolve beyond basic skills, they may face obsolescence as the industry matures [18]

Group 1 - The core viewpoint is that AI is fundamentally reshaping traditional internet industries, with significant implications for user-generated content (UGC) ecosystems and traditional business models [2][3][4] - Zhihu, as a representative of traditional internet communities, reported a decline in total revenue from 960 million yuan in 2024 to 730 million yuan in 2025, a decrease of 24%, despite achieving profitability in Q1 [2] - The emergence of AI has transformed content production and user behavior, leading to a redefined search logic and enhanced user experiences across various platforms, including e-commerce [3][4] Group 2 - AI's impact on traditional internet companies is irreversible, prompting a need for rapid transformation to avoid being left behind in the technological wave [4] - Companies must rethink their positioning and development strategies, integrating AI capabilities into existing products or developing independent AI projects [4][5] - The future value of internet companies will still rely on human contributions in complex areas beyond knowledge, such as philosophy and emotional consulting, highlighting the importance of balancing technology with human insight [5]

Core Insights - The forum hosted by Shanghai National Accounting Institute revealed the top ten information technologies impacting the Chinese accounting industry by 2025, with AI general models ranking first and multimodal data analysis making its debut [1][2] - The five potential impact technologies identified include generative AI (AIGC), financial multimodal vertical models, AI agents, digital employees with intelligent scheduling management, and the integration of finance, taxation, and data [1][2] - The rapid evolution of information technology and the proactive adoption of new technologies by accounting professionals indicate a significant shift in the industry [1][3] Group 1: Current and Potential Technologies - AI general models are currently in the technology introduction phase within the accounting sector, but their disruptive potential is widely recognized by experts and the public [1][2] - Multimodal models are reshaping the entire financial management process by integrating structured and unstructured data [2] - The application of AI technology in the medical sector illustrates the need for balancing safety and ethics, emphasizing the importance of human intervention in intelligent decision-making [2] Group 2: Industry Transformation and Challenges - The emergence of new AI models like DeepSeek is accelerating the digital transformation of the accounting industry, shifting financial functions from traditional accounting to strategic empowerment [2][3] - Financial digital employees are transitioning from pilot testing to large-scale implementation, indicating a significant evolution in the accounting profession [2] - The integration of advanced technologies necessitates a recognition that machines cannot replace human business insight, highlighting the importance of a collaborative future between humans and machines [2]