{"id":561950,"date":"2025-01-01T22:12:46","date_gmt":"2025-01-02T06:12:46","guid":{"rendered":"https:\/\/nai500.com\/blog\/2025\/01\/ai-winners-and-losers-in-2025-bad-news-for-nvidia-but-good-news-for-this-clean-energy-source\/"},"modified":"2025-01-01T22:13:23","modified_gmt":"2025-01-02T06:13:23","slug":"2025%e5%b9%b4%e7%9a%84ai%e8%b4%8f%e5%ae%b6%e5%92%8c%e8%bc%b8%e5%ae%b6-%e8%8b%b1%e5%81%89%e9%81%94-%e6%b8%85%e6%bd%94%e8%83%bd%e6%ba%90","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2025\/01\/2025%e5%b9%b4%e7%9a%84ai%e8%b4%8f%e5%ae%b6%e5%92%8c%e8%bc%b8%e5%ae%b6-%e8%8b%b1%e5%81%89%e9%81%94-%e6%b8%85%e6%bd%94%e8%83%bd%e6%ba%90\/","title":{"rendered":"2025\u5e74\u7684AI\u8d0f\u5bb6\u548c\u8f38\u5bb6\uff1a\u5229\u7a7a\u82f1\u5049\u9054\uff0c\u537b\u5229\u597d\u9019\u7a2e\u6e05\u6f54\u80fd\u6e90"},"content":{"rendered":"<p>\u4eba\u5de5\u667a\u80fd\uff08AI\uff09\u7684\u9769\u547d\u6301\u7e8c\u5438\u5f15\u6295\u8cc7\u8005\u7684\u76ee\u5149\uff0c\u56e0\u70ba\u9019\u4e00\u5275\u65b0\u6280\u8853\u6539\u8b8a\u4e16\u754c\u7684\u6f5b\u529b\u4e0d\u53ef\u5ffd\u8996\u3002\u7136\u800c\uff0c\u5728\u9019\u500b\u5feb\u901f\u8b8a\u5316\u7684\u5e02\u5834\u4e2d\uff0c\u8d0f\u5bb6\u8207\u8f38\u5bb6\u53ef\u80fd\u6703\u5f88\u5feb\u6613\u4f4d\u3002<\/p>\n<p>\u6700\u8fd1\uff0c<a href=\"https:\/\/nai500.com\/zh-hans\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%af%a2\/?qm_symbol=MSFT\">\u5fae\u8edfMicrosoft\uff08MSFT\uff09<\/a>\u9996\u5e2d\u57f7\u884c\u5b98\u85a9\u63d0\u4e9e\u00b7\u7d0d\u5fb7\u62c9\uff08Satya Nadella\uff09\u5728\u63a1\u8a2a\u4e2d\u767c\u8868\u7684\u8a00\u8ad6\u53ef\u80fd\u8b932023\u548c2024\u5e74\u7684\u5927\u8d0f\u5bb6\u82f1\u5049\u9054\uff08Nvidia\uff09\u9762\u81e8\u6f5b\u5728\u7684\u6311\u6230\u3002\u7136\u800c\uff0c\u9019\u4e9b\u8a00\u8ad6\u537b\u53ef\u80fd\u7d66\u67d0\u4e9b\u5927\u5b97\u5546\u54c1\u4ee5\u53ca\u76f8\u95dc\u7684\u80a1\u7968\u5e36\u4f86\u5de8\u5927\u5229\u597d\u3002<\/p>\n<h2>\u201c\u82af\u7247\u4f9b\u61c9\u74f6\u9838\u7d50\u675f\u201d\u5e36\u4f86\u7684\u9023\u9396\u53cd\u61c9<\/h2>\n<p>\u672c\u6708\u65e9\u4e9b\u6642\u5019\uff0c\u7d0d\u5fb7\u62c9\u5728\u8207\u98a8\u96aa\u6295\u8cc7\u5bb6\u5e03\u62c9\u5fb7\u00b7\u683c\u65af\u7279\u7d0d\uff08Brad Gerstner\uff09\u548c\u6bd4\u723e\u00b7\u683c\u5229\uff08Bill Gurley\uff091\u500b\u591a\u5c0f\u6642\u7684\u6df1\u5ea6\u8a2a\u8ac7\u4e2d\u63d0\u5230\uff0c\u5fae\u8edf\u4e0d\u518d\u9762\u81e8\u82f1\u5049\u9054\u82af\u7247\u4f9b\u61c9\u4e0d\u8db3\u7684\u7a98\u5883\u3002\u9019\u4e00\u8f49\u8b8a\u53ef\u80fd\u5c0d\u82f1\u5049\u9054\u4ee5\u53ca\u6574\u500bAI\u884c\u696d\u7522\u751f\u6df1\u9060\u5f71\u97ff\u3002\u4ed6\u5728\u64ad\u5ba2\u4e2d\u8868\u793a\uff1a<\/p>\n<p><em>\u201c\u6211\u5011\u73fe\u5728\u9762\u81e8\u7684\u74f6\u9838\u66f4\u591a\u662f\u80fd\u6e90\uff0c\u800c\u4e0d\u518d\u662f\u82af\u7247\u4f9b\u61c9\u2026\u2026<\/em><em>2024<\/em><em>\u5e74\uff0c\u6211\u5011\u7684\u4f9b\u61c9\u7684\u78ba\u53d7\u5230\u9650\u5236\u3002\u56e0\u6b64\uff0c\u6211\u5011\u5c0d<\/em><em>2025<\/em><em>\u5e74\u4e0a\u534a\u5e74\uff08\u5fae\u8edf\u7684\u8ca1\u5e74\u5f8c\u534a\u6bb5\uff09\u62b1\u6709\u6a02\u89c0\u9810\u671f\u3002\u5c55\u671b<\/em><em>2026<\/em><em>\u5e74\uff0c\u6211\u5011\u9810\u8a08\u60c5\u6cc1\u6703\u66f4\u597d\uff0c\u767c\u5c55\u524d\u666f\u826f\u597d\u3002\u201d<\/em><\/p>\n<p>\u7d0d\u5fb7\u62c9\u7684\u9019\u4e00\u8a00\u8ad6\u767c\u8868\u4ee5\u4f86\uff0c\u82f1\u5049\u9054\u80a1\u7968\u8868\u73fe\u75b2\u8edf\u30022023\u5e74\u4ee5\u4f86\uff0c\u7531\u65bcAI\u82af\u7247\u7684\u9700\u6c42\u9060\u9060\u5927\u65bc\u4f9b\u7d66\uff0c\u4fc3\u4f7f\u82f1\u5049\u9054\u5716\u5f62\u8655\u7406\u5668\uff08GPU\uff09\u7684\u6536\u5165\u8207\u5229\u6f64\u7387\u90fd\u5f97\u5230\u5927\u5e45\u63d0\u5347\u3002\u7136\u800c\uff0c\u7d0d\u5fb7\u62c9\u6709\u95dc\u4f9b\u61c9\u4e0d\u8db3\u6216\u8a31\u5373\u5c07\u7d42\u7d50\u7684\u8868\u614b\uff0c\u53ef\u80fd\u610f\u5473\u8457\u4ee5\u4e0b\u5e7e\u7a2e\u60c5\u6cc1\uff1a<\/p>\n<ol>\n<li>AI\u9700\u6c42\u958b\u59cb\u653e\u7de9\uff1b<\/li>\n<li>\u82af\u7247\u4f9b\u61c9\u80fd\u529b\u8fc5\u901f\u6539\u5584\uff1b<\/li>\n<li>\u6216\u8005\u4e8c\u8005\u517c\u800c\u6709\u4e4b\u3002<\/li>\n<\/ol>\n<h2>AI\u5275\u65b0\u901f\u5ea6\u653e\u6162\uff1f\u9084\u662f\u5fae\u8edf\u81ea\u7814\u82af\u7247\u767c\u529b\uff1f<\/h2>\n<p>\u96d6\u7136\u6709\u50b3\u805e\u7a31AI\u5927\u578b\u8a9e\u8a00\u6a21\u578b\u7684\u5275\u65b0\u901f\u5ea6\u53ef\u80fd\u653e\u7de9\uff0c\u4f46\u884c\u696d\u5167\u7684\u5f88\u591a\u5927\u4f6c\u5c0d\u6b64\u90fd\u4e88\u4ee5\u5426\u8a8d\u3002\u56e0\u6b64\uff0c\u5fae\u8edf\u7684\u614b\u5ea6\u53ef\u80fd\u6697\u793a\u53e6\u4e00\u7a2e\u60c5\u6cc1\uff1a\u516c\u53f8\u81ea\u7814\u82af\u7247\u201cMaia\u52a0\u901f\u5668\u201d\u7684\u7522\u91cf\u6b63\u5728\u722c\u5347\uff0c\u800c\u975e\u82f1\u5049\u9054\u82af\u7247\u9700\u6c42\u7684\u4e0b\u964d\u3002\u76f8\u6bd4\u5176\u4ed6\u96f2\u8a08\u7b97\u7af6\u722d\u5c0d\u624b\uff0c\u5fae\u8edf\u5728\u81ea\u7814\u82af\u7247\u9818\u57df\u4e00\u76f4\u843d\u5f8c\uff0c\u4f46\u8fd1\u671f\u5feb\u901f\u8ffd\u8d95\u30022023\u5e74\u5e95\uff0c\u5fae\u8edf\u9996\u6b21\u63a8\u51fa\u201cMaia\u52a0\u901f\u5668\u201d\u548c\u201cCobalt CPU\u201d\uff0c2025\u5e74\u53ef\u80fd\u662f\u5b83\u5011\u5168\u9762\u91cf\u7522\u7684\u95dc\u9375\u7bc0\u9ede\u3002<\/p>\n<p>\u7d0d\u5fb7\u62c9\u95dc\u65bc\u201c\u80fd\u6e90\u7d04\u675f\u201d\u7684\u8a00\u8ad6\u8aaa\u660e\u4e86AI\u9700\u6c42\u4f9d\u7136\u5f37\u52c1\uff0c\u5c24\u5176\u662f\u5728\u4f01\u696d\u5ba2\u6236\u9818\u57df\u3002<\/p>\n<h2>\u5929\u7136\u6c23\u6216\u62102025\u5e74AI\u80fd\u6e90\u9700\u6c42\u7684\u8d0f\u5bb6\uff1f<\/h2>\n<p>\u7d0d\u5fb7\u62c9\u63d0\u5230\u7684\u201c\u80fd\u6e90\u7d04\u675f\u201d\u5f15\u767c\u4e86AI\u6578\u64da\u4e2d\u5fc3\u96fb\u529b\u9700\u6c42\u5feb\u901f\u589e\u9577\u7684\u95dc\u6ce8\u3002\u64da\u9810\u6e2c\uff0c\u7f8e\u570b\u672a\u4f86\u5e7e\u5e74\u7684\u96fb\u529b\u9700\u6c42\u53ef\u80fd\u6703\u9054\u5230\u7a7a\u524d\u6c34\u5e73\uff0cAI\u6578\u64da\u4e2d\u5fc3\u5c07\u6210\u70ba\u4e3b\u8981\u9a45\u52d5\u529b\u4e4b\u4e00\u3002<\/p>\n<p>\u7136\u800c\uff0c\u70ba\u4e86\u6eff\u8db3\u96fb\u529b\u9700\u6c42\uff0c\u54ea\u4e9b\u80fd\u6e90\u5f62\u5f0f\u80fd\u8fc5\u901f\u6295\u7522\u4ee5\u586b\u88dc\u7a7a\u7f3a\uff1f\u53ef\u518d\u751f\u80fd\u6e90\u5982\u592a\u967d\u80fd\u8207\u98a8\u80fd\u96d6\u7136\u6f5b\u529b\u5de8\u5927\uff0c\u4f46\u7531\u65bc\u9593\u6b47\u6027\u554f\u984c\u53ca\u5efa\u8a2d\u9031\u671f\uff0c\u7121\u6cd5\u5b8c\u5168\u6eff\u8db3AI\u6578\u64da\u4e2d\u5fc3\u7684\u5168\u5929\u5019\u9700\u6c42\u3002\u53e6\u5916\uff0c\u4e00\u4e9b\u6838\u80fd\u80a1\u7968\u96d6\u57282024\u5e74\u8868\u73fe\u6436\u773c\uff0c\u4f46\u6838\u96fb\u7ad9\u6295\u7528\u6642\u9593\u6f2b\u9577\uff0c\u4f8b\u5982\u5fae\u8edf\u66fe\u7c3d\u4e0b\u4e09\u88e1\u5cf6\u6838\u96fb\u7ad9\u7684\u4f9b\u61c9\u5354\u8b70\uff0c\u4f46\u8a72\u8a2d\u65bd\u8981\u52302028\u5e74\u624d\u80fd\u91cd\u65b0\u6295\u5165\u904b\u71df\u3002<\/p>\n<p>\u56e0\u6b64\uff0c\u5206\u6790\u4eba\u58eb\u8a8d\u70ba\uff0c\u5929\u7136\u6c23\u6216\u6210\u70ba\u552f\u4e00\u80fd\u5920\u5feb\u901f\u90e8\u7f72\uff0c\u5f9e\u800c\u6eff\u8db3AI\u6578\u64da\u4e2d\u5fc3\u9700\u6c42\u7684\u80fd\u6e90\u9078\u64c7\u4e4b\u4e00\u3002\u8457\u540d\u5c0d\u6c96\u57fa\u91d1\u7d93\u7406\u5927\u885b\u00b7\u6cf0\u73c0\uff08David Tepper\uff09\u66fe\u8b66\u544a\u7a31\uff0c\u5982\u679c\u8981\u6eff\u8db3AI\u7684\u80fd\u6e90\u9700\u6c42\uff0c\u5c31\u5fc5\u9808\u4f7f\u7528\u5929\u7136\u6c23\u3002\u8fd1\u671f\uff0c\u6469\u6839\u58eb\u4e39\u5229\u80fd\u6e90\u5206\u6790\u5e2b\u65af\u8482\u82ac\u00b7\u4f2f\u5fb7\uff08Stephen Byrd\uff09\u4e5f\u8868\u793a\uff0c\u5728AI\u6578\u64da\u4e2d\u5fc3\u96fb\u529b\u9700\u6c42\u7684\u76f4\u63a5\u5e36\u52d5\u4e0b\uff0c2025\u5e74\u5929\u7136\u6c23\u80a1\u7968\u53ef\u80fd\u8fce\u4f86\u65b0\u4e00\u8f2a\u7206\u767c\u3002<\/p>\n<p>\u7e3d\u7d50\u4f86\u8aaa\uff0c\u96a8\u8457AI\u9700\u6c42\u7684\u6301\u7e8c\u589e\u9577\uff0c\u9019\u4e00\u9818\u57df\u5c0d\u80fd\u6e90\u7684\u4f9d\u8cf4\u5c07\u70ba\u5929\u7136\u6c23\u884c\u696d\u5e36\u4f86\u5de8\u5927\u6a5f\u9047\u3002\u800c\u5728\u82af\u7247\u4f9b\u61c9\u683c\u5c40\u8b8a\u5316\u3001\u5fae\u8edf\u6280\u8853\u7368\u7acb\u6027\u4e0a\u5347\u7684\u80cc\u666f\u4e0b\uff0c\u672a\u4f86\u5929\u7136\u6c23\u80a1\u7968\u53ef\u80fd\u8dd1\u8d0f\u82f1\u5049\u9054\uff0c\u5f9e\u800c\u6210\u70ba\u65b0\u7684\u6295\u8cc7\u4eae\u9ede\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u4eba\u5de5\u667a\u80fd\uff08AI\uff09\u7684\u9769\u547d\u6301\u7e8c\u5438\u5f15\u6295\u8cc7\u8005\u7684\u76ee\u5149\uff0c\u56e0\u70ba\u9019\u4e00\u5275\u65b0\u6280\u8853\u6539\u8b8a\u4e16\u754c\u7684\u6f5b\u529b\u4e0d\u53ef\u5ffd\u8996\u3002\u7136\u800c\uff0c\u5728\u9019\u500b\u5feb\u901f\u8b8a\u5316\u7684\u5e02\u5834 [&hellip;]<\/p>\n","protected":false},"author":27,"featured_media":483379,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1522,431],"tags":[675,2174,589,568],"class_list":["post-561950","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1522","category-trends-strategies-zh-hant","tag--zh-hant","tag-2174","tag-589","tag-zh-hant-blog-tag-","sectors-oil-gas-zh-hant","sectors-technology-zh-hant","locations-us-zh-hant","exchange-nasdaq-zh-hant","exchange-nyse-zh-hant"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/561950","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/comments?post=561950"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/561950\/revisions"}],"predecessor-version":[{"id":561953,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/561950\/revisions\/561953"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media\/483379"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media?parent=561950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/categories?post=561950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/tags?post=561950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}