But Dorsey’s statement comes as companies are still in the early stages of AI adoption. A 2025 McKinsey report found that most firms are still experimenting with AI implementation, and nearly two-thirds have yet to scale the technology. Moreover, a recent survey of 6,000 CEOs and other executives of firms across the U.S., the U.K., Germany, and Australia from the National Bureau of Economic Research found that AI has yet to show any major impact on their operations.
在信息爆炸的年代，人们更需要被引导和告知，哪些信息更值得被关注，哪些噪音可以被略过。这就像物质极度丰富的时代中，人们可以在任何渠道进行购物，但他们依然愿意走进costco消费——那里不提供最多的选择，但货架上的每件商品都被精心筛选。
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这种三层架构的价值传导失衡，正是上游业绩与股价背离的核心根源，也催生了产业链的资本循环悖论。