第四，金融霸权。一战让美国从债务国变成了世界最大债权国，战前欧洲列强欠下的战债，大量流向了华尔街。美元借助战争开始走向国际化。
这种狂热并非全无逻辑。以海外标杆 Anthropic 为例，其 ARR（年度经常性收入）从 2023 年的 1 亿美元暴涨至 2026 年 2 月的 140 亿美元，支撑起了 3800 亿美元的最新估值，对应 27 倍的动态市销率（PS）。国内的一线创企在技术上已经实现了对海外的紧密追赶，资本市场愿意给予几百倍的超高 PS，本质上是买单其未来三年十倍以上的营收增长预期。。关于这个话题，体育直播提供了深入分析
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Mobile World Congress 2026 opened its doors today in Barcelona, Spain, but some of the biggest announcements from the mobile-focused show were already made over the weekend.，更多细节参见体育直播