以下文章来源于窄播 ，作者窄播 窄播 . 关于商业的认知和乐趣。 来源丨 窄播（ID：exact-interaction） 作者丨李威 2026年，大厂在AI助手、AI硬件、AI编程等关键战略节点上，还会持续投入更多资源进行争夺。同 时，2026年又是被大家寄予厚望的AI应用爆发和AI创新回暖之年， 已经在路上的创业可能需要校正 自己的方向，而准备入局者也需要找到a16z合伙人所说的「绿地」。 图源丨Midjourney 大厂AI应用出现在跨年晚会、跨年演讲上，明星AI创业公司有了新一波资本动作，整个AI行业的竞争 已经进入了大厂主导的时间。 自从开启新一波AI浪潮的ChatGPT 3.5选择在2022年11月发布以来，这几年的年末逐渐成为观察AI 行业发展趋势的一个重要时间节点。 2024年末，OpenAI风头正盛，连续12日的直播发布拿出了一系列新产品，风头直接压过了在同时间 段发布Gemini 2.0的Google。在国内，大模型六小龙也是AI创业公司中绝对的明星，大家曾经对他 们的期待是，从中走出下一个时代的巨头企业。 但到了2025年末，我们看到的是国内外的大厂从基建投入、模型研发、AI应用推广等多 ...

近年来，美国科技"七姐妹"已经成为谈论美国科技绕不开的话题。根据公开数据测算，美国科技"七姐 妹"在 2020年-2022 年研发投入累计已达21,999 亿元人民币，年均复合增速达 31.7%，已然成为美国科 技创新的中坚力量，其中不乏谷歌、亚马逊等平台型企业。 不少企业的创新影响了世界，例如谷歌 DeepMind首席执行官哈萨比斯旗下团队研发的AlphaGo击败了 世界围棋冠军李世石和柯洁，AlphaFold更在预测蛋白质结构上取得了突破性成果，哈萨比斯本人也在 2024年获得诺贝尔奖，说明了企业对当今社会的科技创新具有不可磨灭的贡献。 《报告》认为，数字经济时代，数字技术的突破性发展成为组织形式迭代的关键催化剂，直接推动企业 从"垂直管理"向"开放互联"转型，平台企业正是这一转型的核心载体。 《报告》以字节跳动举例称，该企业自2012年起自主研发了基于协同过滤与深度学习的混合推荐算法， 结合内容标签实现"信息找人"，发挥了企业创新的主体作用，推出的今日头条、抖音、飞书、即梦、豆 包等一系列创新性产品，重塑了消费者的购物方式和消费习惯，开创了以算法技术和数据为驱动的"第 三代电商"范式。 与会专家认为，A ...

Core Viewpoint - The event "AI Shining in China" emphasizes the importance of asking good questions in the rapidly evolving AI era, encouraging individuals to maintain imagination and actively use AI tools [5][6]. Group 1: Event Overview - The event attracted over 4,000 attendees at the Xiamen National Convention and Exhibition Center, with online viewership exceeding 10 million on video platforms [3]. - The main theme of the event was centered around the concept of "questioning," highlighting that breakthroughs in human civilization often begin with a question [5]. Group 2: AI Trends and Implications - The historical context of AI questioning was referenced, starting from Alan Turing's 1950 inquiry about machine thinking to contemporary concerns about the implications of machines that can think [6]. - The audience, particularly the youth, showed a keen interest in AI, reflecting a generational shift towards embracing technology [6][7]. Group 3: AI's Impact on Industries - The event discussed the potential of AI tools to enhance productivity and the considerations for individuals contemplating careers in AI-driven industries [8]. - It was noted that companies that adopt AI tools will emerge as the new leaders in the AI era, while those who work like machines may be replaced by robots [66][70]. Group 4: Future Projections - By 2025, it is projected that China and the U.S. will account for over 80% of the world's large models in AI, indicating a significant concentration of AI capabilities [31]. - China's new factories are breaking the "impossible triangle" of scale, customization, and low cost in manufacturing, positioning the country as a leader in the next decade of AI development [116][122].

在不确定性加剧的今天，企业最稀缺的资源不是资金，而是高质量的决策。今天，混沌深度创新商业平台（ HDDI 企业智库）正式入驻飞书应用商店。我 们将混沌十年的商业案例与顶级 AI 推理能力，嵌入你最熟悉的协作流中。从此刻起，每一次点击，都有顶级战略顾问相伴。 在飞书不仅要 " 跑得快 " ，更要 " 跑对方向 " HDDI 企业智库能在飞书里为你做什么？ HDDI 旨在实现战略能力的普惠化，赋能不同角色的职场精英。请根据您的角色，找到最适合的使用方式： • 战略太贵且慢： 外部咨询动辄百万起步，周期长达数月，而市场变化按小时计算。 • 逻辑难以结构化： 面对复杂的业务难题，团队有大量碎片化想法，却缺乏成体系的分析框架。 • 共识难以达成： 战略规划停留在 PPT 里，缺乏可视化的逻辑支撑，团队执行时动作变形。 飞书极大地提升了组织的信息流转效率，但作为管理者和业务一号位，你是否依然面临这些核心挑战： 我们深知，飞书的企业用户崇尚效率与逻辑。因此，我们没有做一个普通的聊天机器人，而是为你带来了一位 拥有百万级咨询经验的虚拟首席战略官 。 HDDI 企业智库现已正式登陆飞书应用商店！ | 角色类型 | 核心痛点 | ...

Core Viewpoint - The article emphasizes the transformative impact of AI on various sectors and individuals, highlighting the importance of adapting to new tools in the modern era [4]. Group 1: AI and Industry Transformation - The article discusses the "AI three elements" that have created a competitive landscape between China and the US, focusing on multi-modal content production, large models reshaping industries, and the emergence of intelligent agents [9]. - It identifies the robotics sector as a potential market worth 10 trillion [9]. - The article mentions that the service industry will experience a complete transformation due to AI, creating new experiences for consumers [10]. Group 2: Event Details - The "AI Shining China" event is set to showcase the results of a year-long AI research initiative, promising an engaging experience filled with insights and discussions [38]. - The event will take place on December 28, with a detailed schedule including check-in times and entry procedures [14][15]. - Various parallel activities are planned from December 27 to 29, focusing on topics such as global supply chain innovation and opportunities in Southeast Asia [24][25][26].

Core Viewpoint - The article emphasizes the importance of having a competitive moat in business, arguing that industries with low barriers to entry and high competition are difficult to succeed in, as profits can be easily eroded by new entrants [6][12]. Group 1: Industry Analysis - The distinction between software companies and internet companies is highlighted, with software companies typically providing B2B services (SaaS) and internet companies focusing on B2C services [7]. - The profitability of China's SaaS industry is discussed, noting that while gross margins are around 55%-60%, net profit margins have been nearly negative over the past three years [11]. - The article points out that the software industry has high fixed costs and low marginal costs, leading to initial losses, while internet companies can achieve higher net profit margins due to customer retention [11][12]. Group 2: Competitive Landscape - The article mentions that industries like retail and soft drinks can produce billionaires due to their ability to monopolize the market, while sectors like restaurants and fashion struggle to generate significant wealth [8][9]. - It is noted that the Chinese SaaS market is characterized by intense competition, which drives down profits, making it difficult for companies to maintain high net profit margins [17]. - The article argues that the entry barriers in the software industry are relatively low, leading to a flood of competitors that can erode profits [12][13]. Group 3: Market Dynamics - The article discusses the difference in demand between B2C and B2B products, stating that B2C internet products thrive on fulfilling enjoyment needs, while B2B software products must demonstrate significant efficiency improvements to be adopted by businesses [16]. - It is highlighted that the Chinese SaaS market is only 1%-5% of the global market, indicating limited growth potential compared to more mature markets [15]. - The article concludes that the essence of successful business models lies in having a strong competitive moat, rather than merely being labeled as high-tech [19].

Core Viewpoint - The article emphasizes the upcoming AI showcase titled "AI Shining China," which aims to present the latest findings in artificial intelligence and robotics, highlighting the transformative impact of AI across various sectors [2][32]. Group 1: Event Overview - The AI showcase will take place on December 28, featuring a four-hour presentation that includes performances and insights into AI advancements [3][32]. - The event is described as a blend of stunning visuals, impressive performances, and deep reflections on the future of AI [2][3]. Group 2: AI Trends and Insights - The article identifies 2023 as the "Year of AI Enlightenment" and "Year of AI Applications," noting significant changes in areas such as text writing, e-commerce, and industrial applications due to AI [2]. - Key themes for the showcase include the competition between China and the U.S. in AI, the revolution in content production through multimodal capabilities, and the emergence of AI models that are reshaping industries [6][7]. Group 3: Future Market Potential - The article suggests that robotics represents a potential market worth 10 trillion, indicating significant growth opportunities in this sector [7]. - The event will also explore the concept of "Industrial 5.0" and the end of the "traffic era" in e-commerce, signaling a shift in how businesses operate and engage with consumers [7].

2025年12月23日，清华大学技术创新研究中心主办"平台经济创新驱动与高质量发展研讨会"。会议重点围绕平台企业的现实发展与创新路径展开探讨，并 正式发布《中国平台企业科技创新发展报告》（以下简称"报告"）。 本次研讨会由清华大学技术创新研究中心主任陈劲教授主持。来自中国科学院科技战略咨询研究院等研究机构以及北京师范大学等高等院校的专家、学 者，结合宏观发展态势与典型企业实践案例，围绕创新驱动背景下平台企业创新的新范式开展了交流，剖析了平台企业在创新过程中面临的机遇与挑战。 会上，陈劲教授主持发布了《中国平台企业科技创新发展报告》并做解读。报告指出，全球具备较强科技创新能力的平台企业已超越传统公司形态，正以 前所未有的深度和广度推动着各国的科技创新进程，重塑全球产业形态，推动全社会数字化转型，成为科技创新的重要力量。例如，从创新投入看，以美 国七姐妹为代表的科技创新型平台企业，其每年研发投入总额高达2000亿美元。从创新产出看，全球具有科技创新能力的平台企业在AI、云计算、自动驾 驶等前沿领域正成为科技创新的开拓者。随着新一轮科技革命和产业变革的纵深推进，中国平台经济也正经历从"规模驱动"向"创新驱动"、从" ...

"从汽车、智能驾驶到机器人，大湾区不仅是制造高地，更是全球'物理AI'浓度最高的城市之一。但是我们还是要面对一个非常尴尬的 现实，就是硬件越来越卷，利润越来越薄。现场很多企业技术迭代是以天为单位的，但我们的组织决策还是以周甚至以月为单位。我 们的机器已经跑进了2025年，但我们的管理方法可能还停留在2005年"。近期，在2025飞书先进生产力峰会广州站上，飞书制造行业总 经理张棣直言，物理AI的进化，必须匹配同等量级的"组织AI"。 张棣现场披露，在销量TOP 20的新能源车企中，目前有八成选择飞书；在中商产业研究院发布的"2025年中国消费电子行业最具潜力企 业TOP30"榜单中，使用飞书的企业占比超50%。智元机器人、优必选等头部具身智能企业也纷纷拥抱飞书。 在小鹏内部，活跃着一个名为IRON的"数字超级员工"。据悉该"数字超级员工"作为企业级Agent，能以权限可控的形式深度接入飞书的 知识、消息、流程和业务数据，把分散在44个服务台、2000万份文档和85个消息渠道里的信息重新整合，解决了过往随着组织迅速扩 张、信息也随之指数级膨胀所带来的"找信息、理流程、对消息"时间损耗上。 （文章来源：南方都市报 ...

2025年，互联网公司成了房地产的大买家。 2025年，中国互联网大厂活力再现。投身外卖大战的是他们，all in AI大潮的是他们，在低迷的房地产市场豪气出手的还有他们。 尽管房地产市场依然低迷，但互联网公司却很活跃，而且出手阔绰，动不动投资几十亿甚至上百亿，他们不是在买楼，就是在买地造楼。 这些"买楼、造楼"运动，首先是出于满足自身业务发展的需要，但又不只是满足发展需要，它背后承载着太多的诉求与期待。 互联网公司继续买买买 中国互联网公司似乎普遍热衷买房置地，从搜狐、新浪、网易，到BAT再到字节、美团、小米、B站、快手，无一例外均有涉及。 2025年，互联网公司继续在房地产市场买买买。 10月份，阿里巴巴集团与蚂蚁集团共同出资72亿港元（相当于9.25亿美元），在香港下铜锣湾港岛壹号中心共13层商业写字楼。该交易创下2021年以来香 港最大宗写字楼成交。 12月份，京东宣布斥资约34.73亿港元，购入香港中环的中国建设银行大厦部分办公楼层，面积约11202平方米（含公区摊销面积）。 近年香港房地产市场低迷，2024年甲级写字楼大额交易总交易额为410 亿港元。2025年市场有所回暖，甲级写字楼全年大额交易 ...