首先是"AI解释员"，也就是负责把算法讲清楚的人。AI系统往往像"黑箱"。它们有时会给出连设计者都 难以完全解释的结果，甚至凭空"编造"答案。随着AI被用于审批贷款、推荐医疗方案、筛选简历等关键 事务，相关方必须弄清楚：系统如何运作？谁负责维护？出了问题该由谁承担责任？ 美国《华尔街日报》 12 月 14 日文章，原题：人工智能未来可能孕育的 4 种新职业 毫无疑问，未来会有许 多我们今天无法想象的职业。尽管现在有关人工智能（AI）抢走人类工作的言论引发了不少争议，但 乐观点想，说不定新技术也能为我们创造新的就业机会。 AI 解释员化身 " 科技律师 " 谈到AI，很多人首先想到的是焦虑。AI技术正以前所未有的速度改变我们的生活和工作方式，这意味 着一些岗位将被淘汰，也意味着很多人的工作方式都会被重塑。对不少体力劳动者来说，跟上这种变化 并非易事。 但与此同时，AI也在创造新的机会。围绕技术本身及其应用场景，新的职业正在孕育之中。预测未来 的工作并不容易，将来时空的许多岗位甚至可能是当下的我们难以想象的，但这种讨论仍然有价值。以 下4种新职业是笔者认为在AI时代可能出现的。 这类专家将帮助企业梳理不同类型AI ...

来源：智通财经网 "你也看到能源业务的增长，其价值已经与汽车业务相当，或者可能略高于汽车业务，" 多西海默补充 道。这种分拆估值法的观点表明，如果剥离对自动驾驶软件和能源存储业务的期望，剩下的汽车公司相 比当前交易水平将大幅折价。 这种疑虑在于执行力。尽管股票交易常基于对未来的承诺，但公司近期收入和利润仍然在很大程度上依 赖于全球电动汽车市场，而该市场正面临日益激烈的竞争和监管阻力。 就在本周，加州监管机构对特斯拉"自动驾驶"的营销宣传提出质疑，给予其90天期限以澄清或修改相关 表述。这提醒人们，实现完全自动驾驶的道路布满了法律和技术障碍。对于以近480美元每股买入的投 资者而言，容错空间极小。经历过多次推迟后，如果机器人出租车的时间表再度推迟，市场可能不得不 以更加审慎的目光，重新审视那个仅值每股30美元的汽车业务。 特斯拉股价近期一路飙升。过去五个交易日，其股价涨超7%，并于昨日盘中创下历史新高。与此同 时，由于投资者消化了疲软的劳动力数据，失业率微升至2021年以来最高水平4.6%，道琼斯指数和标 普500指数则双双下跌。 推动特斯拉此轮上涨的，是有关其在得克萨斯州奥斯汀进行无人驾驶机器人出租车测试的报 ...

智通财经APP获悉，近期，特斯拉(TSLA.US)股价持续飙升，但当前表现俨然像一家未来主义的人工智 能巨头，主要得益于近期其在机器人出租车领域的进展。而仔细审视则会发现，其制造和销售电动汽车 的核心业务，仅占其市值的一小部分。 "特斯拉越来越多地被视为一家自动驾驶和能源公司，" William Blair能源研究团队主管杰德·多西海默在 接受采访时表示。 多西海默从能源和基础设施的角度评估特斯拉，指出了公司估值中存在一个惊人的脱节。"市场确实在 弱化其汽车业务，在我们已发布的部分分析中，我们对该业务进行了估值，" 他说，"该业务实际上仅 占(每股价值)约30至40美元。" 特斯拉股价近期一路飙升。过去五个交易日，其股价涨超7%，并于昨日盘中创下历史新高。与此同 时，由于投资者消化了疲软的劳动力数据，失业率微升至2021年以来最高水平4.6%，道琼斯指数和标 普500指数则双双下跌。 根据分析，多西海默估计自动驾驶技术现在占特斯拉总价值的70%以上。这包括承诺已久的机器人出租 车平台和该公司的人形机器人项目Optimus。 "你也看到能源业务的增长，其价值已经与汽车业务相当，或者可能略高于汽车业务，" 多西海 ...

Group 1 - The core viewpoint is that Tesla's automotive business has been significantly downplayed, with its per-share value estimated at only about $30 to $40 [1] - Currently, Tesla's stock price reflects a bet on future potential that has not yet been fully realized, shifting focus from electric vehicle delivery volumes to advancements in robotics and AI [1] Group 2 - According to the analysis, autonomous driving now accounts for over 70% of Tesla's overall value, including the long-term commitment to the Robotaxi platform and the humanoid robot Optimus [3] - The growth of Tesla's energy business is notable, with its value now comparable to or possibly exceeding that of the automotive business [3] - When excluding the market's high expectations for autonomous driving software and energy storage, the remaining value of the electric vehicle business appears significantly overvalued relative to the current stock price [3] - The long-term energy strategy of Tesla is viewed positively, as the energy business is seen as a future profit engine that the market has not yet fully appreciated [3]

根据他的分析，自动驾驶如今已占特斯拉整体价值超过70%，包括长期承诺的Robotaxi平台以及人形机 器人Optimus。能源业务的成长也非常明显，其价值已经与汽车业务相当，甚至可能略高。从部分加总 的角度来看，若扣除市场对自动驾驶软件与能源储存事业的高度期待，剩下的电动车公司本体，相对目 前股价显得大幅被高估。Dorsheimer看好特斯拉长期的能源布局，并指出能源事业是市场尚未充分重 视、却极具潜力的未来获利引擎。 格隆汇12月18日｜William Blair能源研究主管Jed Dorsheimer表示，特斯拉汽车业务的权重其实被大幅淡 化了，我们在部分加总分析中指出，汽车本业每股价值其实只有大约30到40美元。Dorsheimer认为，目 前股价几乎完全是对尚未完全实现的未来下注，这场"转型"其实已经完成——市场不再以电动车交付量 来评价特斯拉，而是聚焦在其机器人与AI的进展。 ...

新华财经上海12月17日电（李一帆）小鹏宣布成为"全球AI汽车公司"，AI单项年投入45亿元；理想自研 AI基座大模型MindGPT，已进入第三阶段MindGPT-3o；蔚来NOMI GPT架构引入NOMI Agents多智能体 架构；吉利发布"智能汽车全域AI"技术体系，星睿大模型已与DeepSeek-R1完成技术融合……近两年， 各大车企纷纷发声表示"AIl in Al"，将AI智能化作为未来发展的核心战略。 12月16日，2025中国汽车软件大会在上海召开。与会人士普遍认为，软件定义汽车、数据驱动设计、 AI重塑体验已经成为不可逆转的潮流。AI技术的革新正推动汽车产业步入AIDV（人工智能定义汽车） 时代。 软件改变汽车业，从"一次买卖"到持续盈利 在AIDV逐渐成为行业共识的背景下，汽车软件产业正呈现出几个结构性变化特征。 最后，开源化已成为行业普遍认可并践行的重要技术路径。东风汽车相关负责人表示，Linux的成功早 已证明了开源模式的可行性。今年以来，理想、东风、英伟达等多家企业先后开源操作系统或自动驾驶 软件，欧洲多家主流车企也与供应商协同发起开源项目，均是为了通过共建基础平台解决跨企业协作的 挑 ...

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 出品：新浪财经上市公司研究院 作者：喜乐 11月26日，自动驾驶企业佑驾创新发布公告称，公司已完成新一轮2.1亿港元配售融资定价，发行价定为14.88港元/股，较前一交易日收盘价16.53港元/股折 让约9.98%。根据公告披露，本次募集资金净额将主要用于L4级无人物流车的业务拓展及基础研发平台的技术升级，这是公司继2025年7月后年内第二次启 动再融资，折射出企业在现金流压力下的持续"补血"需求。 IPO"救命钱"后现金消耗加剧 亏损持续扩大 业务盈利转机难现 回溯公司资本路径，佑驾创新于2024年末登陆香港资本市场，IPO阶段共募集资金约6.8亿港元。恰逢彼时自动驾驶概念在资本市场持续升温，公司上市后股 价顺势走高，尤其在2025年3月初纳入港股通标的后，股价更是创下39.5港元的盘中高点，成为市场关注的自动驾驶概念股之一。 对于长期面临经营性现金流压力的佑驾创新而言，IPO募集资金无疑起到了"救命稻草"的作用。财务数据显示，公司2022-2024年经营活动现金流持续为负， 流出额分别达到2.6亿元、2.8亿元及2.2亿元，截至20 ...

Core Viewpoint - The article discusses the approval of Elon Musk's unprecedented compensation plan at Tesla's annual shareholder meeting, highlighting the implications for the company's future and the mixed reactions from shareholders and the public [4][10][61]. Group 1: Compensation Plan Approval - 75% of shareholders voted in favor of Musk's compensation plan, which could grant him up to 423.7 million shares over the next decade, equating to approximately $275 million per day [4][9]. - The plan requires Tesla to achieve a market value of $8.5 trillion, sell 1 million humanoid robots, and secure 10 million paid subscriptions for its autonomous driving software [10][9]. - The approval was widely anticipated, with prediction markets indicating a 94% to 91% probability of passage [18][17]. Group 2: Support from Key Shareholders - Major institutional investors, including Morgan Stanley's Counterpoint Global and Charles Schwab, expressed support for the plan, emphasizing alignment with shareholder interests [22][24]. - Baron Capital and Florida's public pension fund also backed the proposal, citing Tesla's ambitious goals and Musk's critical role in the company's success [26][27]. Group 3: Opposition and Criticism - Despite the support, there was significant opposition, including protests against Musk's compensation, highlighting concerns over income inequality and the plan's scale [34][39]. - Notable dissenters included Norway's sovereign wealth fund and CalPERS, who raised issues regarding the board's independence and the plan's potential to concentrate power [40][48]. - Critics argued that the compensation structure could dilute shareholder value and was excessively high compared to typical executive pay [49][50]. Group 4: Public and Media Reaction - The debate surrounding Musk's compensation intensified on social media, with supporters arguing that achieving the plan's goals would significantly increase Tesla's value [54][55]. - The article notes a shift in sentiment from some investment firms, such as Charles Schwab, which ultimately decided to support the plan after facing pressure from retail investors [60][61].

Core Insights - The 2025 World Intelligent Connected Vehicle Conference in Beijing highlighted China's significant achievements in the automotive industry during the "14th Five-Year Plan" and its future prospects in smart vehicle development [1] - China is establishing a "decisive leading position" in the global smart automotive industry, achieving rapid advancements that foreign companies aspire to replicate [1] Industry Developments - The Chinese automotive industry has developed a comprehensive ecosystem encompassing smart cockpits, autonomous driving, and connected cloud control, with over 60% of new passenger cars sold featuring advanced driver assistance systems [1][2] - The market for new energy vehicle exports has surged from approximately 1 million units in 2019 to over 5.8 million units by 2024, with new energy vehicle exports increasing from about 250,000 to around 1.28 million in the same period [2] Technological Advancements - The rapid development of smart driving technology in China is attributed to the integration of artificial intelligence across domestic and joint venture automotive companies, enhancing user experience and brand recognition [3][4] - Approximately half of the new cars sold in China are equipped with L2-level intelligent driving systems, with projections indicating that by 2030, China will dominate the global L2+ intelligent driving market [4][5] Regulatory Environment - China's regulatory framework has evolved to support extensive testing of autonomous driving technologies, with over 30,000 kilometers of roads approved for testing, fostering innovation through local policy initiatives [5][6] - Recent regulatory tightening aims to enhance quality standards in the industry, requiring manufacturers to undergo stricter technical testing and approval processes [6] International Collaboration - European automotive companies are increasingly collaborating with Chinese smart driving technology firms, with partnerships emerging for the development of advanced driver assistance systems [7] - Chinese smart driving companies are expanding their market presence in the Middle East and Europe, indicating a competitive landscape with U.S. firms in these regions [8]

Group 1 - Pony.ai has officially passed the hearing for listing on the Hong Kong Stock Exchange and is set to enter the Hong Kong market, with the approval from the China Securities Regulatory Commission for its listing application on October 14, proposing to issue no more than 102 million ordinary shares [1] - According to Pony.ai's PHIP version prospectus, the company's revenue is expected to continue expanding from 2022 to 2024, with a notable growth rate of 43.3% in the first half of 2025, reaching $35.43 million (approximately 254 million RMB) [3] - The Robotaxi business revenue is projected to show strong growth in the first half of 2025, reaching $3.256 million (approximately 23.32 million RMB), with a year-on-year increase of 178.8%, and passenger fare revenue experiencing a staggering increase of approximately 800% and over 300% in the first and second quarters of 2025, respectively [3] Group 2 - On October 17, Stellantis Group and Pony.ai signed a non-binding memorandum of understanding aimed at accelerating the development and deployment of autonomous vehicle solutions in Europe [5] - The collaboration will integrate Pony.ai's advanced autonomous driving software with Stellantis Group's electric medium van (K0) AV-Ready platform to provide safe, scalable, and efficient urban mobility solutions [6] - The initial focus of the partnership will be on deploying test vehicles based on the Peugeot e-TRAVELLER model in Luxembourg, with plans to gradually promote them in European cities starting in 2026, emphasizing safety, performance, and regulatory readiness during real-world road tests [6]