---
id: 20260620-T0-13
title: "生成式AI被指陷入“传销式”商业泡沫"
title_en: "Generative AI Criticized for Entering 'Herbalife Moment' Bubble"
url: https://ai.daily.yangsir.net/daily/20260620-T0-13
issue_date: 2026-06-20
publish_date: 2026-06-19T05:37:51.000Z
category: insight
source_name: "HN AI 精选"
source_url: https://www.whatwelo.st/p/generative-ai-is-having-its-herbalife
---

# 生成式AI被指陷入“传销式”商业泡沫

行业评论文章指出，生成式AI领域正在重蹈康宝莱等传销模式的覆辙。文章认为，大量初创公司不再关注技术研发，而是专注于兜售AI教程和代理权，通过承诺不切实际的收益来招募下线。这种过度依赖分销而非产品本身价值的商业模式，标志着行业可能正处于投机泡沫破裂的前夜。

## English Version

**Generative AI Criticized for Entering 'Herbalife Moment' Bubble**

An industry commentary argues Generative AI is repeating the mistakes of multi-level marketing schemes like Herbalife. It suggests that many startups are shifting focus from R&D to selling AI courses and distributorships, recruiting with unrealistic revenue promises. This reliance on distribution over product utility signals the sector may be approaching a speculative bubble burst.

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**来源**：[HN AI 精选](https://www.whatwelo.st/p/generative-ai-is-having-its-herbalife)

**详情页**：https://ai.daily.yangsir.net/daily/20260620-T0-13

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