[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"content-doc-dcio1b288c6b":3},{"user":4,"document":8,"mainDocument":27,"columnUrl":29,"subscription":30,"footer":42,"text":77},{"isAuthenticated":5,"isAdmin":5,"displayName":6,"avatarUrl":6,"nid":6,"groupLevel":7},false,"",-10,{"id":9,"fullTitle":10,"subTitle":6,"url":11,"columnId":12,"columnName":13,"columnUrl":14,"summary":6,"contentHtml":15,"mainContentHtml":6,"posterUrl":16,"createDate":17,"displayDate":18,"displayDateSlash":19,"pageviews":20,"tags":21,"hidden":5,"isSubContent":5,"replyDocOrTargetId":6,"contentType":23,"videoId":6,"liveVideoUrl":6,"duration":24,"price":24,"priceText":25,"priceBadgeText":25,"priceBadgeClass":26,"freeForMinGroupLevel":24,"redirectUrl":6,"readyToStream":5},"dcio1b288c6b","硅谷投资人集体转向，软件创业要凉了？","\u002Fdoc\u002Fdcio1b288c6b","col18178739ee","美股资讯","\u002Fcol\u002Fcol18178739ee","\u003Cp>\r\n\u003Cp>\u003Cspan style=\"font-family: DengXian; font-size: large;\">做软件的人，现在最喜欢说的一句话是：轻资产，低门槛，可复制。这句话两三年前是对的，现在嘛，我觉得它正在变成一个陷阱，而且是那种你走进去了都不知道的那种。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">\u003Cspan style=\"font-family: DengXian;\">吕骋，\u003C\u002Fspan>rabbit \u003Cspan style=\"font-family: DengXian;\">的创始人，最近接受了一次深度采访。他说了一个判断，让我愣了一下：\u003C\u002Fspan>\"\u003Cspan style=\"font-family: DengXian;\">现在硅谷的投资人有一个共识变化，他们觉得软件没有护城河了。你做一个软件没什么大不了，我可以用\u003C\u002Fspan> Claude Code \u003Cspan style=\"font-family: DengXian;\">去反向工程。\u003C\u002Fspan>\"\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-family: DengXian; font-size: large;\">这是他们做硬件、坚持做硬件的核心原因之一。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-family: DengXian; font-size: large;\">我第一反应是，这也太直接了。但你认真想想，好像不是危言耸听。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">\u003Cspan style=\"font-family: DengXian;\">一个\u003C\u002Fspan> AI coding agent\u003Cspan style=\"font-family: DengXian;\">，现在能干什么？能读懂你的产品逻辑，理解你的数据结构，然后把整个系统从头搭出来。你花了\u003C\u002Fspan> 18 \u003Cspan style=\"font-family: DengXian;\">个月打磨的产品，竞争对手现在可能用\u003C\u002Fspan> 3 \u003Cspan style=\"font-family: DengXian;\">周复制。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-family: DengXian; font-size: large;\">这不是假设，现在就在发生。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-family: DengXian; font-size: large;\">那什么还有壁垒？吕骋的答案是硬件。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-family: DengXian; font-size: large;\">他的逻辑是这样的，硬件能形成一个输入循环，只要设备在用户手里正常跑着，用户数据、行为反馈就持续进来，产品就会越来越好。这个循环，软件很难复制。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-family: DengXian; font-size: large;\">有人会说，软件也可以做用户反馈，也可以收集数据。但软件的问题是，用户随时可以卸载，随时可以切换，迁移成本几乎是零。硬件不一样。买了一个设备，它放在口袋里，天天跟你在一起，积累的是你真实的使用习惯。数据密度和软件不在一个量级。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">\u003Cspan style=\"font-family: DengXian;\">现在很多人做\u003C\u002Fspan> AI \u003Cspan style=\"font-family: DengXian;\">产品，路子是这样的：找一个垂直场景，套一个大模型\u003C\u002Fspan> API\u003Cspan style=\"font-family: DengXian;\">，加一个好看的交互，上线，推广，变现。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-family: DengXian; font-size: large;\">这条路两年前跑通，确实有人赚到了。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-family: DengXian; font-size: large;\">但现在的问题是，一个同类产品今天出现，下周就能被三家复制，再下周你的流量就开始被分走。你的差异化在哪？\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">\u003Cspan style=\"font-family: DengXian;\">如果只是提示词调教得更好，或者\u003C\u002Fspan> UI \u003Cspan style=\"font-family: DengXian;\">更好看，这个护城河大概率熬不过\u003C\u002Fspan> 6 \u003Cspan style=\"font-family: DengXian;\">个月。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">\u003Cspan style=\"font-family: DengXian;\">吕骋还提到了\u003C\u002Fspan> App Store \u003Cspan style=\"font-family: DengXian;\">的问题，他说做\u003C\u002Fspan> APP \u003Cspan style=\"font-family: DengXian;\">要交苹果税，要遵守各种规则，最近苹果专门在打压生成\u003C\u002Fspan> APP \u003Cspan style=\"font-family: DengXian;\">的\u003C\u002Fspan> APP\u003Cspan style=\"font-family: DengXian;\">，一大批\u003C\u002Fspan> web coding \u003Cspan style=\"font-family: DengXian;\">类应用直接被下架。就算做\u003C\u002Fspan> WhatsApp\u003Cspan style=\"font-family: DengXian;\">、\u003C\u002Fspan>Telegram \u003Cspan style=\"font-family: DengXian;\">上的套壳方案，这条路也已经被堵死了。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-family: DengXian; font-size: large;\">在别人的平台上做软件，你永远是租房客。房东随时可以改规则，随时可以涨价，甚至随时可以把你的门锁换了。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">Siri \u003Cspan style=\"font-family: DengXian;\">就是最直接的例子，苹果有什么理由允许一个比\u003C\u002Fspan> Siri \u003Cspan style=\"font-family: DengXian;\">更聪明的产品，在自己的系统里把\u003C\u002Fspan> Siri \u003Cspan style=\"font-family: DengXian;\">替代掉？话语权不在自己手里，商业终点往往就剩两种：被收购，或者死掉。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">\u003Cspan style=\"font-family: DengXian;\">美股投资网认识几个做\u003C\u002Fspan> SaaS \u003Cspan style=\"font-family: DengXian;\">的朋友，去年都在说用\u003C\u002Fspan> AI \u003Cspan style=\"font-family: DengXian;\">加速开发，效率提升\u003C\u002Fspan> 5 \u003Cspan style=\"font-family: DengXian;\">倍。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">\u003Cspan style=\"font-family: DengXian;\">今年有两个人跟我说，他们的产品被一个用\u003C\u002Fspan> Claude Code \u003Cspan style=\"font-family: DengXian;\">开发的竞品，\u003C\u002Fspan>3 \u003Cspan style=\"font-family: DengXian;\">周做出了\u003C\u002Fspan> 80% \u003Cspan style=\"font-family: DengXian;\">的功能，定价直接砍一半。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-family: DengXian; font-size: large;\">效率提升了，壁垒反而更脆了，这个逻辑反过来想，真挺残酷的。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">\u003Cspan style=\"font-family: DengXian;\">吕骋还提了一个细节，他们公司现在连设计工具都彻底抛掉了，\u003C\u002Fspan>Figma\u003Cspan style=\"font-family: DengXian;\">、\u003C\u002Fspan>Adobe\u003Cspan style=\"font-family: DengXian;\">，全不用，转向\u003C\u002Fspan> Claude \u003Cspan style=\"font-family: DengXian;\">与内部系统协同办公。连工具本身都在被替代，如果还觉得用这些工具做出来的产品有护城河，这个逻辑本身就说不通。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-family: DengXian; font-size: large;\">那现在该怎么办？不是要说快去做硬件，你我大概率也没那个资源。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-family: DengXian; font-size: large;\">真正值得停下来想的是：你正在建的这个东西，壁垒到底来自哪里？是技术积累、数据飞轮、用户迁移成本，是合规门槛，还是只是我做得比别人早一点？\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-family: DengXian; font-size: large;\">如果是最后一种，这个早一点的优势，现在缩水的速度，比大多数人预期的要快得多。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003C\u002Fp>","https:\u002F\u002Fwww.tradesmax.com\u002Fimages\u002Fa_Stock\u002FC\u002FCRM\u002FCRM.jpg","2026-04-22T06:02:39","2026.04.22","2026\u002F04\u002F22",49464,[22],"CRM","Article",0,"免费","success",{"id":9,"fullTitle":10,"subTitle":6,"url":11,"columnId":12,"columnName":13,"columnUrl":14,"summary":6,"contentHtml":15,"mainContentHtml":6,"posterUrl":16,"createDate":17,"displayDate":18,"displayDateSlash":19,"pageviews":20,"tags":28,"hidden":5,"isSubContent":5,"replyDocOrTargetId":6,"contentType":23,"videoId":6,"liveVideoUrl":6,"duration":24,"price":24,"priceText":25,"priceBadgeText":25,"priceBadgeClass":26,"freeForMinGroupLevel":24,"redirectUrl":6,"readyToStream":5},[22],"\u002Fcol\u002Fstocknews",{"visible":5,"marketingHtml":31,"services":32,"recentDocuments":41},"\u003Cfigure class=\"image\">\u003Ca href=\"https:\u002F\u002Fstockwe.com\u002Fdoc\u002Fdcio537efad5\" target=\"_blank\" rel=\"noopener noreferrer\">\u003Cimg style=\"display:block;margin-left:auto;margin-right:auto;\" src=\"https:\u002F\u002Fstockwewebfiles.blob.core.windows.net\u002Fweb-202408-stk\u002F1586109431mceclip0.jpg\">\u003C\u002Fa>\u003C\u002Ffigure>\u003Cdiv class=\"text-center\">\u003Ch2 class=\"card-title mx-auto\">\u003Cbr>\u003Ca target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\u002F\u002Fstockwe.com\u002Fdoc\u002Fdcio537efad5\">案例介绍：英伟达深度研究报告\u003C\u002Fa>\u003C\u002Fh2>\u003C\u002Fdiv>",[33,37],{"productId":34,"serviceName":35,"priceText":36},"prod_PPxdDdK87QaiLv","月付","$12.95美元",{"productId":38,"serviceName":39,"priceText":40},"prod_PPxeMs3bix1da5","年付","$149.00美元",[],{"links":43,"images":68,"summaryHtml":73,"aboutTitle":74,"aboutHtml":75,"copyrightHtml":76},[44,47,50,53,56,59,62,65],{"label":45,"url":46},"深度报告","\u002Fcol\u002FdepthReport",{"label":48,"url":49},"VIP会员","\u002Fplan",{"label":51,"url":52},"期权推荐","\u002FOption",{"label":54,"url":55},"低价暴涨股","\u002FPenny",{"label":57,"url":58},"常见问题","https:\u002F\u002Fstockwe.com\u002FFAQ",{"label":60,"url":61},"美股课程","\u002Fcol\u002Fvideos",{"label":63,"url":64},"免责声明","\u002Fdisclaimer",{"label":66,"url":67},"联系我们","\u002FContactUs",[69,70,71,72],"https:\u002F\u002Fstockwebsiteblob.blob.core.windows.net\u002Fweb-202509-stk\u002FUploaderzic2tuwsol2_2025_09_11_18_21_07.gif","https:\u002F\u002Fstockwebsiteblob.blob.core.windows.net\u002Fweb-202509-stk\u002FUploadercakzdvydksw_2025_09_03_09_00_56.png","https:\u002F\u002Fstockwebsiteblob.blob.core.windows.net\u002Fweb-202509-stk\u002FUploadergtjyagwvoyk_2025_09_14_08_32_05.png","https:\u002F\u002Fstockwebsiteblob.blob.core.windows.net\u002Fweb-202509-stk\u002FUploader3u0tt4jhlqh_2025_09_23_22_30_48.png","邮箱: buy@TradesMax.com 美国电话 626-378-3637","公司介绍","\u003Cp class=\"MsoNormal\">美股大数据 StockWe.com 是一个美国领先的金融和美股信息大数据提供商，紧盯华尔街金融市场和行情，2008年成立于美国硅谷，创始人是前纽约证券交易所资深分析师Ken，联合多位摩根斯坦利分析师，谷歌 Meta工程师利用AI和大数据，配合十多年美股实战经验和业内量化交易模型，每天处理千万级股票数据：挖掘潜力大牛股，捕捉期权异动大单，实时主力资金流向、机构持仓变化、川普突发新闻，精准买卖信号第一时间发到您手机APP。\u003C\u002Fp>","专业美股投资者都在这里",{"loading":78,"search":79,"searchPlaceholder":79,"hotContent":80,"draft":81,"noData":82,"searchNoData":83,"edit":84,"editVideo":85,"courseContent":86,"more":87,"buyNow":88,"subscribeNow":89,"encoding":90,"paidContent":91},"Loading...","搜索","热门内容","草稿","目前没有任何内容公布","当前检索内容没有数据","编辑","编辑视频","课程内容","更多","立即购买后观看","- 立即订阅 -","视频编码中...","付费内容"]