A user asked: With the huge investments internet giants are making in the AI era, their free cash flow is getting worse and future monetization is uncertain. Is their business model deteriorating?

Duan Yongping replied: The big tech companies’ revenue hasn’t gotten worse; they just need to invest in AI for the future. Investing in AI now is a bit like a “prisoner’s dilemma”: those who don’t invest will most likely fall behind 🤷🤷