两个核心争议是:传统软件企业能否在技术重构和人机协同中保持竞争力,以及未来利润最终可能会流向具备高效AI编排能力的公司。高盛认为,投资者情绪需2-3季度稳定基本面支撑,软件板块短期估值压力依旧,熊市风险可能被延后而非消除。高盛技术研究团队指出,软件类股当前面临的核心挑战集中在应用软件层的新竞争格局,以及基础设施公司资本支出的回报率问题。华尔街见闻提及,Anthropic的一次常规在本周重挫软件股,...
Source Link两个核心争议是:传统软件企业能否在技术重构和人机协同中保持竞争力,以及未来利润最终可能会流向具备高效AI编排能力的公司。高盛认为,投资者情绪需2-3季度稳定基本面支撑,软件板块短期估值压力依旧,熊市风险可能被延后而非消除。高盛技术研究团队指出,软件类股当前面临的核心挑战集中在应用软件层的新竞争格局,以及基础设施公司资本支出的回报率问题。华尔街见闻提及,Anthropic的一次常规在本周重挫软件股,...
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