这种规模的投资远超经济产出——这不是普通的预算问题，而是结构性回报难题。这就是AI基础设施的“投资悖论”：超大规模云服务商们陷入了典型的“囚徒困境”——没有人敢停止投资，因为担心失去竞争优势；但持续加码投资，又在不断摧毁股东价值。
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，这一点在91视频中也有详细论述
Article InformationAuthor, 謝全恩（Osmond Chia）。搜狗输入法2026对此有专业解读
Economics professor Constantin Burgi of University College, Dublin, said a decoupling of job gains and wider growth - like the one the US is seeing today - often occurs when an economy goes through a structural shift, like the advent of AI.，更多细节参见夫子
with some tweaks and a lot of terminological drift, is still in use today. You