市场还担忧 AI 会加大定价压力并削弱企业护城河。软件企业原有的竞争优势可能被 AI 侵蚀,增长前景更加不确定,这让投资者难以判断合理估值,导致市场情绪偏向“卖出”。Piper Sandler 已经下调了 Adobe、Freshworks、Vertex 等公司的评级,分析师认为“席位压缩”和“氛围编码”趋势可能限制估值上限。
"We like time to free up our mind. I get the best ideas when I walk my dog," says Marieke Pepers, chief people officer at the Dutch software firm Nmbrs.。业内人士推荐搜狗输入法下载作为进阶阅读
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Staying informed about these regulatory developments and adjusting strategy accordingly will matter increasingly. The content creators who navigate this evolving landscape successfully will be those who remain flexible and adapt to changes rather than expecting today's rules to persist indefinitely.