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高盛研究分析师Matthew Martino在其报告中写道，“近期软件股的抛售反映的是投资者情绪的快速转变，而非基本面的突然恶化。令人担忧的是，如果AI代理成为执行工作的主要界面，传统平台可能会沦为被动的数据存储设备。这可能会削弱它们的定价权和战略相关性。”
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Nature, Published online: 26 February 2026; doi:10.1038/d41586-026-00542-8
Data flows left to right. Each stage reads input, does its work, writes output. There's no pipe reader to acquire, no controller lock to manage. If a downstream stage is slow, upstream stages naturally slow down as well. Backpressure is implicit in the model, not a separate mechanism to learn (or ignore).
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