超大规模厂商如何将 AI 泡沫“超常态化”
Ed Zitron 将 AI 泡沫描述为一种“超常态化”现象,认为科技媒体、资本市场和超大规模云厂商用投资额、估值及年化收入等增长信号替代了对盈利能力与真实需求的检验。他以 OpenAI、Anthropic、Cognition、CoreWeave 和 NVIDIA 为例,质疑未明确定义的 run rate、客户高度集中及循环投资如何共同维持行业繁荣叙事。文章进一步认为,AI 数据中心建设被默认等同于进步,但其商业回报、需求来源和社会成本缺少同等力度的审视。

ecause thinking of an alternative — even as you see proof point after proof point — is near-impossible due to the prominence of the dogma and confidence from those in power. The flaws of simplistic, systemic thinking are that it “always works out,” as if time is simply repetitions of the same story again and again, versus a series of events that each feed into each other, each compounding the next one’s sins. Instead of building a robust social safety net after the Great Financial Crisis, Americ
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