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市场还担忧 AI 会加大定价压力并削弱企业护城河。软件企业原有的竞争优势可能被 AI 侵蚀，增长前景更加不确定，这让投资者难以判断合理估值，导致市场情绪偏向“卖出”。Piper Sandler 已经下调了 Adobe、Freshworks、Vertex 等公司的评级，分析师认为“席位压缩”和“氛围编码”趋势可能限制估值上限。
。safew官方下载是该领域的重要参考
Варвара Кошечкина (редактор отдела оперативной информации)
There are times when it feels as though the entirety of British horse racing exists in a state of perma-gloom, bewailing an ageing fanbase, declining attendances and a moribund, factional leadership. It is, so the narrative goes, a sport in slow but irreversible decline, waiting for the inevitable moment in 10 or 20 years’ time when someone finally comes along to turn out the lights.