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贝恩咨询预测，在温和情景下，未来AI推理基础设施支出可能下降30%-50%。这正是杰文斯悖论的反向演绎：通常情况下，资源使用效率的提升会增加总需求；但在AI领域，当算法优化的速度超过应用落地的速度时，效率提升反而先冲击了硬件供应商的定价权。
"It's getting worse and worse, week in, week out," the organisation's co-founder Becky Joyce says in the cold February air.
2026-02-27 00:00:00:03014252610http://paper.people.com.cn/rmrb/pc/content/202602/27/content_30142526.htmlhttp://paper.people.com.cn/rmrb/pad/content/202602/27/content_30142526.html11921 国家开发银行关于落实中国人民银行一次性信用修复政策的公告