中泰资管天团 | 田瑀:价值投资者很难享受AI时代的红利?

中泰证券资管
Oct 30, 2025

标题是我近期几次被问到的问题,我觉得是个值得细说的好问题,因此想用一篇文章来回答。有类似的疑问,我很理解。这几年做投资的不少朋友都有世界变化“太快”的感受。这种快速的变化同样在股票市场中表现得淋漓尽致,而人工智能(AI)似乎就是绝大多数变化的中心位置。中美贸易摩擦的核心关注、经济转型过程中的核心增长动力都被认为与AI高度相关,甚至有人把AI发展的意义类比为电的发现和利用,称其为百年难得一遇的时代...

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