不过，尽管 AI 相关营收的规模已经披露，增速也确实比较客观，且在 Q4 的占比已经达到了 43%，但真正让外界关心的是，百度并没有主动公布 AI 新业务的相关毛利率、净利率等关键盈利指标。
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（六）罢工、停工或者劳动受到限制；
rather than a host exception that cannot.
That dynamic—when one firm’s AI-driven restructuring is applauded by Wall Street, prompting peers to imitate it—is precisely the mechanism Zandi fears most. It’s not a single dramatic rupture, but a cascading series of rational corporate decisions, each one nudging the labor market closer to the edge.