{"id":24704,"date":"2026-01-06T04:42:57","date_gmt":"2026-01-05T20:42:57","guid":{"rendered":"https:\/\/www.xq.com.tw\/xstrader\/?p=24704"},"modified":"2026-01-06T04:44:04","modified_gmt":"2026-01-05T20:44:04","slug":"%e7%b4%8d%e7%93%a6%e7%88%be%e5%af%b6%e5%85%b8%e7%9a%84%e8%ae%80%e6%9b%b8%e5%bf%83%e5%be%97","status":"publish","type":"post","link":"https:\/\/www.xq.com.tw\/xstrader\/%e7%b4%8d%e7%93%a6%e7%88%be%e5%af%b6%e5%85%b8%e7%9a%84%e8%ae%80%e6%9b%b8%e5%bf%83%e5%be%97\/","title":{"rendered":"\u7d0d\u74e6\u723e\u5bf6\u5178\u7684\u8b80\u66f8\u5fc3\u5f97"},"content":{"rendered":"<p>\u56e0\u8457\u76ee\u524d\u7684\u71b1\u9580\u6295\u8cc7\u7126\u9ede\u9084\u662fAI\u76f8\u95dc\u7684\u79d1\u6280\u80a1\uff0c\u6211\u5011\u7e7c\u7e8c\u4f86\u5f9e\u76f8\u95dc\u7684\u66f8\u4e2d\uff0c\u4f86\u63a2\u8a0e\u7f8e\u570b\u7684\u6295\u8cc7\u9ad8\u624b\u662f\u600e\u9ebc\u6295\u8cc7\u79d1\u6280\u80a1\u3002<\/p>\n<p>\u4eca\u5929\u4f86\u8a0e\u8ad6\u7684\u662f<span class=\"T286Pc\" data-sfc-cp=\"\" data-processed=\"true\"><strong class=\"Yjhzub\" data-processed=\"true\">\u7d0d\u74e6\u723e\u5bf6\u5178<\/strong>\u9019\u672c\u66f8<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-24719\" src=\"https:\/\/www.xq.com.tw\/xstrader\/wp-content\/uploads\/2026\/01\/\u87a2\u5e55\u64f7\u53d6\u756b\u9762-2026-01-05-152836.png\" alt=\"\" width=\"323\" height=\"402\" srcset=\"https:\/\/www.xq.com.tw\/xstrader\/wp-content\/uploads\/2026\/01\/\u87a2\u5e55\u64f7\u53d6\u756b\u9762-2026-01-05-152836.png 323w, https:\/\/www.xq.com.tw\/xstrader\/wp-content\/uploads\/2026\/01\/\u87a2\u5e55\u64f7\u53d6\u756b\u9762-2026-01-05-152836-241x300.png 241w\" sizes=\"auto, (max-width: 323px) 100vw, 323px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><span class=\"T286Pc\" data-sfc-cp=\"\" data-processed=\"true\"><strong class=\"Yjhzub\" data-processed=\"true\">\u7d0d\u74e6\u723e\u00b7\u62c9\u7dad\u80af\uff08Naval Ravikant\uff09\u662f<\/strong>\u5370\u88d4\u7f8e\u7c4d\u5929\u4f7f\u6295\u8cc7\u4eba\u3001\u5275\u696d\u5bb6\uff0c\u5275\u8fa6\u4e86AngelList\uff08\u5168\u7403\u6700\u5927\u65b0\u5275\u52df\u8cc7\u5e73\u53f0\uff09\uff0c\u6295\u8cc7\u904eUber\u3001Twitter\u7b49\u516c\u53f8\u3002<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u4ee5\u4e0b\u662fGemini\u5206\u6790\u9019\u672c\u66f8\uff0c<\/span><span style=\"font-weight: 400;\">\u91dd\u5c0d<\/span><b>\u6295\u8cc7\u79d1\u6280\u80a1\uff0c<\/b><span style=\"font-weight: 400;\">\u6700\u503c\u5f97\u5b78\u7fd2\u7684\u56db\u5927\u6d1e\u898b\uff1a<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<h3><b>\u4e00\u3001 \u8b58\u5225\u300c\u7121\u8a31\u53ef\u69d3\u687f\u300d\uff1a\u4ee3\u78bc\u8207\u5a92\u9ad4 (The Age of Infinite Leverage)<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Naval \u5c07\u69d3\u687f\u5206\u70ba\u4e09\u985e\uff0c\u9019\u5c0d\u65bc\u6311\u9078\u79d1\u6280\u80a1\u81f3\u95dc\u91cd\u8981\uff1a<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>\u52de\u52d5\u529b\uff08Labor\uff09\uff1a<\/b><span style=\"font-weight: 400;\"> \u9700\u8981\u7ba1\u7406\uff0c\u6700\u96e3\u898f\u6a21\u5316\u3002<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>\u8cc7\u672c\uff08Capital\uff09\uff1a<\/b><span style=\"font-weight: 400;\"> \u9700\u8981\u8a31\u53ef\uff0c\u4e14\u5177\u5099\u98a8\u96aa\u3002<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>\u4ee3\u78bc\u8207\u5a92\u9ad4\uff08Code and Media\uff09\uff1a<\/b><span style=\"font-weight: 400;\"> \u9019\u662f \u300c\u7121\u8a31\u53ef\u69d3\u687f \uff0c\u4e5f\u662f\u79d1\u6280\u80a1\u6700\u5f37\u5927\u7684\u7af6\u722d\u529b\u3002<\/span><\/li>\n<\/ol>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>\u6295\u8cc7\u6d1e\u898b\uff1a<\/b><span style=\"font-weight: 400;\"> \u512a\u5148\u6311\u9078 \u300c\u908a\u969b\u8907\u88fd\u6210\u672c\u8da8\u8fd1\u65bc\u96f6 \u7684\u516c\u53f8\u3002<\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><b>\u8edf\u9ad4 (SaaS) \u8207 AI\uff1a<\/b><span style=\"font-weight: 400;\"> \u5beb\u597d\u4e00\u6b21\u7a0b\u5f0f\u78bc\uff0c\u53ef\u4ee5\u540c\u6642\u8ce3\u7d66 1 \u500b\u4eba\u6216 100 \u842c\u500b\u4eba\uff0c\u5176\u6210\u672c\u5e7e\u4e4e\u4e0d\u8b8a\u3002\u9019\u5c31\u662f Naval \u6240\u8aaa\u7684\u300c\u5728\u7761\u89ba\u6642\u4e5f\u80fd\u8cfa\u9322\u300d\u7684\u8cc7\u7522\u3002<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><b>\u5be6\u6230\u61c9\u7528\uff1a<\/b><span style=\"font-weight: 400;\"> \u89c0\u5bdf\u516c\u53f8\u7684\u300c\u71df\u696d\u69d3\u687f\uff08Operating Leverage\uff09\u300d\u3002\u7576\u71df\u6536\u589e\u9577\u9060\u5feb\u65bc\u6210\u672c\u589e\u9577\u6642\uff0c\u9019\u5bb6\u516c\u53f8\u624d\u5177\u5099 Naval \u5f0f\u7684\u8ca1\u5bcc\u7206\u767c\u529b\u3002<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><b>\u4e8c\u3001 \u8907\u5229\u7684\u529b\u91cf\uff1a\u73a9\u9577\u671f\u904a\u6232 (Play Long-term Games)<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Naval \u8a8d\u70ba\uff0c\u300c\u751f\u6d3b\u4e2d\u6240\u6709\u7684\u56de\u5831\uff0c\u7121\u8ad6\u662f\u8ca1\u5bcc\u3001\u95dc\u4fc2\u9084\u662f\u77e5\u8b58\uff0c\u90fd\u4f86\u81ea\u65bc\u8907\u5229\u3002\u300d<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>\u6295\u8cc7\u6d1e\u898b\uff1a<\/b><span style=\"font-weight: 400;\"> \u5728\u79d1\u6280\u9818\u57df\uff0c\u5e02\u5834\u901a\u5e38\u50be\u5411\u65bc \u300c\u8d0f\u5bb6\u901a\u5403\uff08Winner-Takes-All\uff09 \u3002<\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">\u8907\u5229\u9700\u8981\u6642\u9593\uff0c\u56e0\u6b64 Naval \u4e3b\u5f35\u8207\u300c\u9577\u671f\u7684\u4eba\u300d\u5171\u4e8b\u3002\u61c9\u7528\u5728\u6295\u8cc7\u4e0a\uff0c\u9019\u610f\u5473\u8457\u8981\u5c0b\u627e\u5177\u5099\u7db2\u8def\u6548\u61c9\uff08Network Effect\uff09\u7684\u516c\u53f8\uff0c\u56e0\u70ba\u7db2\u8def\u6548\u61c9\u662f\u8907\u5229\u7684\u52a0\u901f\u5668\u3002<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><b>\u91cf\u5316\u601d\u7dad\uff1a<\/b><span style=\"font-weight: 400;\"> \u60a8\u5728 XScript \u4e2d\u7be9\u9078\u6a19\u7684\u6642\uff0c\u9664\u4e86\u71df\u6536\u6210\u9577\uff0c\u66f4\u61c9\u95dc\u6ce8\u300c\u7559\u5b58\u7387\uff08Retention\uff09\u300d\u6216\u300c\u5ba2\u6236\u751f\u547d\u9031\u671f\u50f9\u503c\uff08LTV\uff09\u300d\uff0c\u9019\u4e9b\u662f\u8907\u5229\u80fd\u5426\u6301\u7e8c\u7684\u95dc\u9375\u3002<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">A = P(1 + r)^n<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u8a3b\uff1a\u5728\u79d1\u6280\u6295\u8cc7\u4e2d\uff0cr\uff08\u589e\u9577\u7387\uff09\u7531\u69d3\u687f\u9a45\u52d5\uff0c\u800c n\uff08\u6642\u9593\uff09\u5247\u7531\u8b77\u57ce\u6cb3\u6c7a\u5b9a\u3002<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<h3><b>\u4e09\u3001 \u5c08\u9577\u8207\u8b77\u57ce\u6cb3\uff1a\u8ffd\u6c42\u300c\u7121\u6cd5\u88ab\u8a13\u7df4\u300d\u7684\u6280\u80fd (Specific Knowledge)<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Naval \u63d0\u5230\u4e00\u500b\u6982\u5ff5\uff1a\u300c\u5c08\u9577\uff08Specific Knowledge\uff09\u300d\u662f\u7121\u6cd5\u900f\u904e\u57f9\u8a13\u7372\u5f97\u7684\uff0c\u5426\u5247\u793e\u6703\u5c31\u80fd\u57f9\u8a13\u5176\u4ed6\u4eba\u53d6\u4ee3\u4f60\u3002<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>\u6295\u8cc7\u6d1e\u898b\uff1a<\/b><span style=\"font-weight: 400;\"> \u8a55\u4f30\u79d1\u6280\u516c\u53f8\u6642\uff0c\u770b\u5b83\u7684\u6838\u5fc3\u7af6\u722d\u529b\u662f\u5426\u5bb9\u6613\u88ab\u300c\u81ea\u52d5\u5316\u300d\u6216\u300c\u5916\u5305\u300d\u3002<\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">\u5982\u679c\u4e00\u5bb6\u516c\u53f8\u7684\u7522\u54c1\u7d14\u7cb9\u9760\u88dc\u8cbc\u7372\u5ba2\uff08\u5982\u65e9\u671f\u7684\u5916\u9001\u5e73\u53f0\uff09\uff0c\u90a3\u4e0d\u53eb\u5c08\u9577\u3002<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">\u771f\u6b63\u7684\u5c08\u9577\u5728\u65bc\u300c\u7368\u5bb6\u6578\u64da\u7d2f\u7a4d\u300d<\/span><b>\u6216<\/b><span style=\"font-weight: 400;\">\u300c\u6975\u9ad8\u7684\u8f49\u63db\u6210\u672c\u300d\u3002\u9019\u4e5f\u662f\u70ba\u4f55 Naval \u9ad8\u5ea6\u770b\u597d AI \u8207\u5c08\u6709\u6578\u64da\u7d50\u5408\u7684\u539f\u56e0\u3002<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<h3><b>\u56db\u3001 \u5224\u65b7\u529b\uff08Judgment\uff09\u9ad8\u65bc\u52aa\u529b<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">\u300c\u5728\u69d3\u687f\u6642\u4ee3\uff0c\u4e00\u500b\u6b63\u78ba\u7684\u6c7a\u7b56\u53ef\u4ee5\u5e36\u4f86\u5343\u500d\u7684\u56de\u5831\u3002\u300dNaval \u8a8d\u70ba\uff0c\u6295\u8cc7\u8005\u7684\u5de5\u4f5c\u4e0d\u662f\u52aa\u529b\u5de5\u4f5c\uff0c\u800c\u662f\u5177\u5099<\/span><b>\u6e05\u6670\u7684\u5224\u65b7\u529b<\/b><span style=\"font-weight: 400;\">\u3002<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>\u6295\u8cc7\u6d1e\u898b\uff1a<\/b><span style=\"font-weight: 400;\"> \u4e0d\u8981\u53c3\u8207\u300c\u96f6\u548c\u904a\u6232\uff08Status Games\uff09\u300d\uff0c\u8981\u53c3\u8207\u300c\u6b63\u548c\u904a\u6232\uff08Wealth Games\uff09\u300d\u3002<\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><b>\u907f\u958b\u96dc\u8a0a\uff1a<\/b><span style=\"font-weight: 400;\"> \u79d1\u6280\u80a1\u5e38\u6709\u904e\u5ea6\u7092\u4f5c\u7684\u8b70\u984c\uff08\u5982\u67d0\u4e9b\u5e63\u5708\u9805\u76ee\uff09\u3002Naval \u7684\u6e96\u5247\u662f\uff1a\u5982\u679c\u4e00\u500b\u6c7a\u5b9a\u4f60\u7121\u6cd5\u767e\u5206\u4e4b\u767e\u78ba\u5b9a\uff08If you can&#8217;t decide, the answer is no\uff09\uff0c\u90a3\u5c31\u4e0d\u8981\u53c3\u8207\u3002<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><b>\u5c08\u6ce8\u65bc\u6c7a\u7b56\u8cea\u91cf\uff1a<\/b><span style=\"font-weight: 400;\"> \u5c0d\u65bc\u8cc7\u6df1 PM \u4f86\u8aaa\uff0c\u9019\u610f\u5473\u8457\u8981\u770b\u516c\u53f8\u7684\u7522\u54c1\u8def\u5f91\u5716\uff08Product Roadmap\uff09\u662f\u5426\u89e3\u6c7a\u4e86\u793e\u6703\u300c\u60f3\u8981\u4f46\u9084\u4e0d\u77e5\u9053\u5982\u4f55\u7372\u5f97\u300d\u7684\u554f\u984c\u3002<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">\u9019\u672c\u66f8\u63d0\u9192\u6211\u5011\uff0c\u6295\u8cc7\u79d1\u6280\u80a1\u672c\u8cea\u4e0a\u662f\u5728<\/span><b>\u6295\u8cc7\u300c\u898f\u6a21\u5316\u300d\u7684\u85dd\u8853<\/b><span style=\"font-weight: 400;\">\u3002<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Naval \u6307\u51fa\uff0c\u4ee3\u78bc\u548c\u5a92\u9ad4\u662f\u4e0d\u9700\u8981\u4ed6\u4eba\u8a31\u53ef\u5c31\u80fd\u898f\u6a21\u5316\u7684\u69d3\u687f\u3002\u5728\u8ca1\u52d9\u5831\u8868\u4e0a\uff0c\u9019\u9ad4\u73fe\u70ba<\/span><b>\u6975\u9ad8\u7684\u6bdb\u5229\u7387<\/b><span style=\"font-weight: 400;\">\u3002<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>\u610f\u7fa9\uff1a<\/b><span style=\"font-weight: 400;\"> \u6bcf\u589e\u52a0\u4e00\u500b\u5ba2\u6236\uff0c\u516c\u53f8\u5e7e\u4e4e\u4e0d\u9700\u8981\u589e\u52a0\u984d\u5916\u7684\u92b7\u8ca8\u6210\u672c\u3002\u9019\u6392\u9664\u6389\u9700\u8981\u5927\u91cf\u4eba\u529b\u7684\u300c\u52de\u529b\u5bc6\u96c6\u578b\u300d\u79d1\u6280\u696d\u3002<\/span><\/li>\n<\/ul>\n<h4><b>2. \u71df\u6536\u9023\u7e8c\u6210\u9577\uff1a\u8907\u5229\u904a\u6232 (Long-term Games)<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Mahaney \u8a8d\u70ba\u71df\u6536\u662f\u79d1\u6280\u80a1\u7684\u751f\u547d\u7dda\u3002<\/span><\/p>\n<h4><b>3. \u7814\u767c\u8cbb\u7528\u7387 ($R\\&amp;D &gt; 10\\%$)\uff1a\u5c08\u9577 (Specific Knowledge)<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Naval \u63d0\u5230\uff0c\u5c08\u9577\u662f\u7121\u6cd5\u88ab\u8f15\u6613\u8a13\u7df4\u6216\u53d6\u4ee3\u7684\u6280\u80fd\u3002<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>\u610f\u7fa9\uff1a<\/b><span style=\"font-weight: 400;\"> \u6301\u7e8c\u7684\u9ad8\u7814\u767c\u6295\u5165\u662f\u79d1\u6280\u516c\u53f8\u5efa\u7acb\u300c\u6280\u8853\u8b77\u57ce\u6cb3\u300d\u7684\u4ee3\u50f9\uff0c\u9019\u662f\u5c07\u5229\u6f64\u8f49\u5316\u70ba\u672a\u4f86\u7af6\u722d\u529b\u7684\u8868\u73fe\uff0c\u9632\u6b62\u88ab\u5f8c\u9032\u8005\u81ea\u52d5\u5316\u6216\u53d6\u4ee3\u3002<\/span><\/li>\n<\/ul>\n<h4><b>4. \u8463\u76e3\u6301\u80a1\u4f54\u6bd4\uff1a\u8cac\u4efb (Accountability)<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Naval \u5f37\u8abf\uff1a\u300c\u6c92\u6709\u8cac\u4efb\uff0c\u5c31\u6c92\u6709\u6b0a\u5229\uff1b\u6c92\u6709\u98a8\u96aa\uff0c\u5c31\u6c92\u6709\u56de\u5831\u3002\u300d<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>\u610f\u7fa9\uff1a<\/b><span style=\"font-weight: 400;\"> \u78ba\u4fdd\u7ba1\u7406\u5c64\u8207\u80a1\u6771\u5229\u76ca\u4e00\u81f4 (Skin in the Game)\u3002\u7576\u516c\u53f8\u80a1\u50f9\u4e0b\u8dcc\u6642\uff0c\u7ba1\u7406\u5c64\u611f\u53d7\u5230\u7684\u75db\u82e6\u8207\u4f60\u4e00\u6a23\u3002<\/span><\/li>\n<\/ul>\n<h4><b>5. \u71df\u696d\u5229\u76ca\u7387\u63d0\u5347\uff1a\u898f\u6a21\u5316\u80fd\u529b (Operating Leverage)<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">\u9019\u662f\u79d1\u6280\u80a1\u6700\u8ff7\u4eba\u7684\u7279\u8cea\uff0c \u7576\u71df\u6536\u6210\u9577\u5e36\u52d5\u76c8\u9918\u4ee5\u66f4\u9ad8\u6bd4\u4f8b\u589e\u9577\u6642\uff0c\u9019\u5bb6\u516c\u53f8\u624d\u771f\u6b63\u64c1\u6709\u4e86 Naval \u6240\u8aaa\u7684\u300c\u5728\u7761\u89ba\u6642\u4e5f\u80fd\u8cfa\u9322\u300d\u7684\u6a5f\u5668\u3002<\/span><\/p>\n<p>\u6211\u6839\u64daAI\u7684\u5206\u6790\uff0c\u627e\u5230\u4e86\u71df\u696d\u5229\u76ca\u6210\u9577\u7387\u8981\u5927\u65bc\u71df\u6536\u6210\u9577\u7387\u7684\u95dc\u9375\u7be9\u9078\u6a19\u6e96\uff0c\u4ee5\u4e0b\u662f\u5c0d\u61c9\u7684\u8173\u672c<\/p>\n<pre class='brush:xs'>input:n(2,\"\u9023\u7e8cn\u5b63\u7b26\u5408\u689d\u4ef6\");\r\nvalue1=getField(\"\u71df\u6536\u6210\u9577\u7387\", \"Q\");\r\nvalue2=getField(\"\u71df\u696d\u5229\u76ca\u6210\u9577\u7387\", \"Q\");\r\nif trueall(value2&gt;value1,n)\r\nthen ret=1;<\/pre>\n<p>\u900f\u904eAI\u5c0b\u627e\u66f8\u4e2d\u53ca\u6587\u7ae0\u4e2d\u7684\u6d1e\u898b\uff0c\u4e26\u4e14\u628a\u5b83\u5f62\u6210\u81ea\u5df1\u7684\u9078\u80a1\u689d\u4ef6\u4e4b\u4e00\uff0c\u6211\u6703\u6301\u7e8c\u9032\u884c\u9019\u6a23\u7684\u5be6\u9a57\uff0c\u6709\u66f4\u591a\u5fc3\u5f97\uff0c\u518d\u4f86\u8ddf\u5927\u5bb6\u5831\u544a\u3002<\/p>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<h2><\/h2>\n","protected":false},"excerpt":{"rendered":"<p>\u56e0\u8457\u76ee\u524d\u7684\u71b1\u9580\u6295\u8cc7\u7126\u9ede\u9084\u662fAI\u76f8\u95dc\u7684\u79d1\u6280\u80a1\uff0c\u6211\u5011\u7e7c\u7e8c\u4f86\u5f9e\u76f8\u95dc\u7684\u66f8\u4e2d\uff0c\u4f86\u63a2\u8a0e\u7f8e\u570b\u7684\u6295\u8cc7\u9ad8\u624b\u662f\u600e\u9ebc\u6295\u8cc7\u79d1\u6280\u80a1\u3002 \u4eca\u5929\u4f86\u8a0e\u8ad6\u7684\u662f\u7d0d\u74e6\u723e\u5bf6\u5178\u9019\u672c\u66f8 &nbsp; &nbsp; \u7d0d\u74e6\u723e\u00b7\u62c9\u7dad\u80af\uff08Naval Ravikant\uff09\u662f\u5370\u88d4\u7f8e\u7c4d\u5929\u4f7f\u6295\u8cc7\u4eba\u3001\u5275\u696d\u5bb6\uff0c\u5275\u8fa6\u4e86AngelList\uff08\u5168\u7403\u6700\u5927\u65b0\u5275\u52df\u8cc7\u5e73\u53f0\uff09\uff0c\u6295\u8cc7\u904e\u2026 <span class=\"read-more\"><a href=\"https:\/\/www.xq.com.tw\/xstrader\/%e7%b4%8d%e7%93%a6%e7%88%be%e5%af%b6%e5%85%b8%e7%9a%84%e8%ae%80%e6%9b%b8%e5%bf%83%e5%be%97\/\">\u95b1\u8b80\u66f4\u591a &raquo;<\/a><\/span><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-24704","post","type-post","status-publish","format-standard","hentry","category-9"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\r\n<title>\u7d0d\u74e6\u723e\u5bf6\u5178\u7684\u8b80\u66f8\u5fc3\u5f97 - XQ\u5b98\u65b9\u90e8\u843d\u683c<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.xq.com.tw\/xstrader\/\u7d0d\u74e6\u723e\u5bf6\u5178\u7684\u8b80\u66f8\u5fc3\u5f97\/\" \/>\r\n<meta property=\"og:locale\" content=\"zh_TW\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"\u7d0d\u74e6\u723e\u5bf6\u5178\u7684\u8b80\u66f8\u5fc3\u5f97 - XQ\u5b98\u65b9\u90e8\u843d\u683c\" \/>\r\n<meta property=\"og:description\" content=\"\u56e0\u8457\u76ee\u524d\u7684\u71b1\u9580\u6295\u8cc7\u7126\u9ede\u9084\u662fAI\u76f8\u95dc\u7684\u79d1\u6280\u80a1\uff0c\u6211\u5011\u7e7c\u7e8c\u4f86\u5f9e\u76f8\u95dc\u7684\u66f8\u4e2d\uff0c\u4f86\u63a2\u8a0e\u7f8e\u570b\u7684\u6295\u8cc7\u9ad8\u624b\u662f\u600e\u9ebc\u6295\u8cc7\u79d1\u6280\u80a1\u3002 \u4eca\u5929\u4f86\u8a0e\u8ad6\u7684\u662f\u7d0d\u74e6\u723e\u5bf6\u5178\u9019\u672c\u66f8 &nbsp; &nbsp; \u7d0d\u74e6\u723e\u00b7\u62c9\u7dad\u80af\uff08Naval Ravikant\uff09\u662f\u5370\u88d4\u7f8e\u7c4d\u5929\u4f7f\u6295\u8cc7\u4eba\u3001\u5275\u696d\u5bb6\uff0c\u5275\u8fa6\u4e86AngelList\uff08\u5168\u7403\u6700\u5927\u65b0\u5275\u52df\u8cc7\u5e73\u53f0\uff09\uff0c\u6295\u8cc7\u904e\u2026 \u95b1\u8b80\u66f4\u591a &raquo;\" \/>\r\n<meta property=\"og:url\" content=\"https:\/\/www.xq.com.tw\/xstrader\/\u7d0d\u74e6\u723e\u5bf6\u5178\u7684\u8b80\u66f8\u5fc3\u5f97\/\" \/>\r\n<meta property=\"og:site_name\" content=\"XQ\u5b98\u65b9\u90e8\u843d\u683c\" \/>\r\n<meta property=\"article:published_time\" content=\"2026-01-05T20:42:57+00:00\" \/>\r\n<meta property=\"article:modified_time\" content=\"2026-01-05T20:44:04+00:00\" \/>\r\n<meta name=\"author\" content=\"\u767c\u8ca1\u6a58\u5b50\" \/>\r\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\r\n<meta name=\"twitter:label1\" content=\"\u4f5c\u8005:\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u767c\u8ca1\u6a58\u5b50\" \/>\n\t<meta name=\"twitter:label2\" content=\"\u9810\u4f30\u95b1\u8b80\u6642\u9593\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 \u5206\u9418\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.xq.com.tw\/xstrader\/%e7%b4%8d%e7%93%a6%e7%88%be%e5%af%b6%e5%85%b8%e7%9a%84%e8%ae%80%e6%9b%b8%e5%bf%83%e5%be%97\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.xq.com.tw\/xstrader\/%e7%b4%8d%e7%93%a6%e7%88%be%e5%af%b6%e5%85%b8%e7%9a%84%e8%ae%80%e6%9b%b8%e5%bf%83%e5%be%97\/\"},\"author\":{\"name\":\"\u767c\u8ca1\u6a58\u5b50\",\"@id\":\"https:\/\/www.xq.com.tw\/xstrader\/#\/schema\/person\/1179ebd6266b82f223caff0ba306fe72\"},\"headline\":\"\u7d0d\u74e6\u723e\u5bf6\u5178\u7684\u8b80\u66f8\u5fc3\u5f97\",\"datePublished\":\"2026-01-05T20:42:57+00:00\",\"dateModified\":\"2026-01-05T20:44:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.xq.com.tw\/xstrader\/%e7%b4%8d%e7%93%a6%e7%88%be%e5%af%b6%e5%85%b8%e7%9a%84%e8%ae%80%e6%9b%b8%e5%bf%83%e5%be%97\/\"},\"wordCount\":91,\"articleSection\":[\"\u8b80\u66f8\u5fc3\u5f97\"],\"inLanguage\":\"zh-TW\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.xq.com.tw\/xstrader\/%e7%b4%8d%e7%93%a6%e7%88%be%e5%af%b6%e5%85%b8%e7%9a%84%e8%ae%80%e6%9b%b8%e5%bf%83%e5%be%97\/\",\"url\":\"https:\/\/www.xq.com.tw\/xstrader\/%e7%b4%8d%e7%93%a6%e7%88%be%e5%af%b6%e5%85%b8%e7%9a%84%e8%ae%80%e6%9b%b8%e5%bf%83%e5%be%97\/\",\"name\":\"\u7d0d\u74e6\u723e\u5bf6\u5178\u7684\u8b80\u66f8\u5fc3\u5f97 - XQ\u5b98\u65b9\u90e8\u843d\u683c\",\"isPartOf\":{\"@id\":\"https:\/\/www.xq.com.tw\/xstrader\/#website\"},\"datePublished\":\"2026-01-05T20:42:57+00:00\",\"dateModified\":\"2026-01-05T20:44:04+00:00\",\"author\":{\"@id\":\"https:\/\/www.xq.com.tw\/xstrader\/#\/schema\/person\/1179ebd6266b82f223caff0ba306fe72\"},\"inLanguage\":\"zh-TW\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.xq.com.tw\/xstrader\/%e7%b4%8d%e7%93%a6%e7%88%be%e5%af%b6%e5%85%b8%e7%9a%84%e8%ae%80%e6%9b%b8%e5%bf%83%e5%be%97\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.xq.com.tw\/xstrader\/#website\",\"url\":\"https:\/\/www.xq.com.tw\/xstrader\/\",\"name\":\"XQ\u5b98\u65b9\u90e8\u843d\u683c\",\"description\":\"\u300cXQ\u5168\u7403\u8d0f\u5bb6\u300d\u53f0\u7063\u7b2c\u4e00\u5957\u81ea\u4e3b\u7814\u767c\u81ea\u52d5\u5316\u7a0b\u5f0f\u4ea4\u6613\u5e73\u53f0\uff0cXQ\u63d0\u4f9b\u80a1\u5e02\u5373\u6642\u5831\u50f9\uff0c\u5167\u5efa\u514d\u8cbb\u5b78\u7fd2\u7a0b\u5f0f\u8a9e\u6cd5\u5e73\u53f0\u53ca\u7368\u5bb6\u578b\u614b\u9078\u80a1\uff0c\u6574\u5408\u591a\u5bb6\u5238\u5546\u4e0b\u55ae\u670d\u52d9\u53ca\u6a21\u64ec\u4ea4\u6613\uff0c\u8b93\u60a8\u6210\u529f\u9081\u5411\u8ca1\u5bcc\u81ea\u7531\uff0c\u5efa\u69cb\u60a8\u7684\u8ca1\u5bcc\u8056\u676f\u3002\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.xq.com.tw\/xstrader\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"zh-TW\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.xq.com.tw\/xstrader\/#\/schema\/person\/1179ebd6266b82f223caff0ba306fe72\",\"name\":\"\u767c\u8ca1\u6a58\u5b50\",\"url\":\"https:\/\/www.xq.com.tw\/xstrader\/author\/eddie\/\"}]}<\/script>\r\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"\u7d0d\u74e6\u723e\u5bf6\u5178\u7684\u8b80\u66f8\u5fc3\u5f97 - XQ\u5b98\u65b9\u90e8\u843d\u683c","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.xq.com.tw\/xstrader\/\u7d0d\u74e6\u723e\u5bf6\u5178\u7684\u8b80\u66f8\u5fc3\u5f97\/","og_locale":"zh_TW","og_type":"article","og_title":"\u7d0d\u74e6\u723e\u5bf6\u5178\u7684\u8b80\u66f8\u5fc3\u5f97 - XQ\u5b98\u65b9\u90e8\u843d\u683c","og_description":"\u56e0\u8457\u76ee\u524d\u7684\u71b1\u9580\u6295\u8cc7\u7126\u9ede\u9084\u662fAI\u76f8\u95dc\u7684\u79d1\u6280\u80a1\uff0c\u6211\u5011\u7e7c\u7e8c\u4f86\u5f9e\u76f8\u95dc\u7684\u66f8\u4e2d\uff0c\u4f86\u63a2\u8a0e\u7f8e\u570b\u7684\u6295\u8cc7\u9ad8\u624b\u662f\u600e\u9ebc\u6295\u8cc7\u79d1\u6280\u80a1\u3002 \u4eca\u5929\u4f86\u8a0e\u8ad6\u7684\u662f\u7d0d\u74e6\u723e\u5bf6\u5178\u9019\u672c\u66f8 &nbsp; &nbsp; \u7d0d\u74e6\u723e\u00b7\u62c9\u7dad\u80af\uff08Naval Ravikant\uff09\u662f\u5370\u88d4\u7f8e\u7c4d\u5929\u4f7f\u6295\u8cc7\u4eba\u3001\u5275\u696d\u5bb6\uff0c\u5275\u8fa6\u4e86AngelList\uff08\u5168\u7403\u6700\u5927\u65b0\u5275\u52df\u8cc7\u5e73\u53f0\uff09\uff0c\u6295\u8cc7\u904e\u2026 \u95b1\u8b80\u66f4\u591a &raquo;","og_url":"https:\/\/www.xq.com.tw\/xstrader\/\u7d0d\u74e6\u723e\u5bf6\u5178\u7684\u8b80\u66f8\u5fc3\u5f97\/","og_site_name":"XQ\u5b98\u65b9\u90e8\u843d\u683c","article_published_time":"2026-01-05T20:42:57+00:00","article_modified_time":"2026-01-05T20:44:04+00:00","author":"\u767c\u8ca1\u6a58\u5b50","twitter_card":"summary_large_image","twitter_misc":{"\u4f5c\u8005:":"\u767c\u8ca1\u6a58\u5b50","\u9810\u4f30\u95b1\u8b80\u6642\u9593":"1 \u5206\u9418"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.xq.com.tw\/xstrader\/%e7%b4%8d%e7%93%a6%e7%88%be%e5%af%b6%e5%85%b8%e7%9a%84%e8%ae%80%e6%9b%b8%e5%bf%83%e5%be%97\/#article","isPartOf":{"@id":"https:\/\/www.xq.com.tw\/xstrader\/%e7%b4%8d%e7%93%a6%e7%88%be%e5%af%b6%e5%85%b8%e7%9a%84%e8%ae%80%e6%9b%b8%e5%bf%83%e5%be%97\/"},"author":{"name":"\u767c\u8ca1\u6a58\u5b50","@id":"https:\/\/www.xq.com.tw\/xstrader\/#\/schema\/person\/1179ebd6266b82f223caff0ba306fe72"},"headline":"\u7d0d\u74e6\u723e\u5bf6\u5178\u7684\u8b80\u66f8\u5fc3\u5f97","datePublished":"2026-01-05T20:42:57+00:00","dateModified":"2026-01-05T20:44:04+00:00","mainEntityOfPage":{"@id":"https:\/\/www.xq.com.tw\/xstrader\/%e7%b4%8d%e7%93%a6%e7%88%be%e5%af%b6%e5%85%b8%e7%9a%84%e8%ae%80%e6%9b%b8%e5%bf%83%e5%be%97\/"},"wordCount":91,"articleSection":["\u8b80\u66f8\u5fc3\u5f97"],"inLanguage":"zh-TW"},{"@type":"WebPage","@id":"https:\/\/www.xq.com.tw\/xstrader\/%e7%b4%8d%e7%93%a6%e7%88%be%e5%af%b6%e5%85%b8%e7%9a%84%e8%ae%80%e6%9b%b8%e5%bf%83%e5%be%97\/","url":"https:\/\/www.xq.com.tw\/xstrader\/%e7%b4%8d%e7%93%a6%e7%88%be%e5%af%b6%e5%85%b8%e7%9a%84%e8%ae%80%e6%9b%b8%e5%bf%83%e5%be%97\/","name":"\u7d0d\u74e6\u723e\u5bf6\u5178\u7684\u8b80\u66f8\u5fc3\u5f97 - XQ\u5b98\u65b9\u90e8\u843d\u683c","isPartOf":{"@id":"https:\/\/www.xq.com.tw\/xstrader\/#website"},"datePublished":"2026-01-05T20:42:57+00:00","dateModified":"2026-01-05T20:44:04+00:00","author":{"@id":"https:\/\/www.xq.com.tw\/xstrader\/#\/schema\/person\/1179ebd6266b82f223caff0ba306fe72"},"inLanguage":"zh-TW","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.xq.com.tw\/xstrader\/%e7%b4%8d%e7%93%a6%e7%88%be%e5%af%b6%e5%85%b8%e7%9a%84%e8%ae%80%e6%9b%b8%e5%bf%83%e5%be%97\/"]}]},{"@type":"WebSite","@id":"https:\/\/www.xq.com.tw\/xstrader\/#website","url":"https:\/\/www.xq.com.tw\/xstrader\/","name":"XQ\u5b98\u65b9\u90e8\u843d\u683c","description":"\u300cXQ\u5168\u7403\u8d0f\u5bb6\u300d\u53f0\u7063\u7b2c\u4e00\u5957\u81ea\u4e3b\u7814\u767c\u81ea\u52d5\u5316\u7a0b\u5f0f\u4ea4\u6613\u5e73\u53f0\uff0cXQ\u63d0\u4f9b\u80a1\u5e02\u5373\u6642\u5831\u50f9\uff0c\u5167\u5efa\u514d\u8cbb\u5b78\u7fd2\u7a0b\u5f0f\u8a9e\u6cd5\u5e73\u53f0\u53ca\u7368\u5bb6\u578b\u614b\u9078\u80a1\uff0c\u6574\u5408\u591a\u5bb6\u5238\u5546\u4e0b\u55ae\u670d\u52d9\u53ca\u6a21\u64ec\u4ea4\u6613\uff0c\u8b93\u60a8\u6210\u529f\u9081\u5411\u8ca1\u5bcc\u81ea\u7531\uff0c\u5efa\u69cb\u60a8\u7684\u8ca1\u5bcc\u8056\u676f\u3002","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.xq.com.tw\/xstrader\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"zh-TW"},{"@type":"Person","@id":"https:\/\/www.xq.com.tw\/xstrader\/#\/schema\/person\/1179ebd6266b82f223caff0ba306fe72","name":"\u767c\u8ca1\u6a58\u5b50","url":"https:\/\/www.xq.com.tw\/xstrader\/author\/eddie\/"}]}},"_links":{"self":[{"href":"https:\/\/www.xq.com.tw\/xstrader\/wp-json\/wp\/v2\/posts\/24704","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.xq.com.tw\/xstrader\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.xq.com.tw\/xstrader\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.xq.com.tw\/xstrader\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.xq.com.tw\/xstrader\/wp-json\/wp\/v2\/comments?post=24704"}],"version-history":[{"count":7,"href":"https:\/\/www.xq.com.tw\/xstrader\/wp-json\/wp\/v2\/posts\/24704\/revisions"}],"predecessor-version":[{"id":24728,"href":"https:\/\/www.xq.com.tw\/xstrader\/wp-json\/wp\/v2\/posts\/24704\/revisions\/24728"}],"wp:attachment":[{"href":"https:\/\/www.xq.com.tw\/xstrader\/wp-json\/wp\/v2\/media?parent=24704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.xq.com.tw\/xstrader\/wp-json\/wp\/v2\/categories?post=24704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.xq.com.tw\/xstrader\/wp-json\/wp\/v2\/tags?post=24704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}