Intelligence in Deflation: A Value Map of the AI Industry
What happens to profit when intelligence becomes abundant?
Intelligence in Deflation is a value map of the AI industry, tracing how value moves across models, compute, chips, power, data, platforms, agents, applications, and workflows. Its core argument:
intelligence deflation squeezes the middle, while scarce upstream resources and downstream workflow lock-in determine where durable profit remains.
导言
As artificial intelligence becomes cheaper and more abundant, the key question is no longer who can produce intelligence, but who can still capture profit.
This book maps the AI industry by value creation, revenue capture, and durable scarcity. It argues that intelligence deflation squeezes the middle, while power, chips, distribution, workflow
context, trust, and judgment become the real profit anchors.