📄 中文摘要
到2026年初，资本市场对人工智能的看法发生了显著变化。此前的狂热情绪逐渐被市场的现实所压制，投资者开始重新评估人工智能技术的实际价值和潜力。尽管早期的投资热潮推动了许多初创企业的快速增长，但随着市场环境的变化，许多企业面临着盈利能力不足和技术落后的挑战。市场对人工智能的期待与实际应用之间的差距逐渐显现，促使投资者更加谨慎，重新审视投资策略。这一转变不仅影响了资本流动，也对技术发展的方向产生了深远的影响。
人工智能的狂热与市场的重估
出处: AI Euphoria Meets Market Gravity: The Repricing of Intelligence
发布: 2026年2月22日
📄 English Summary
AI Euphoria Meets Market Gravity: The Repricing of Intelligence
By early 2026, the sentiment surrounding artificial intelligence in capital markets had significantly changed. The exuberance that characterized the previous years was tempered by market realities, leading investors to reassess the actual value and potential of AI technologies. While the initial investment frenzy had propelled many startups to rapid growth, the shifting market environment revealed challenges related to profitability and technological obsolescence for numerous companies. The growing gap between expectations for AI and its practical applications became apparent, prompting investors to adopt a more cautious approach and reevaluate their investment strategies. This shift not only influenced capital flows but also had profound implications for the direction of technological development.