下游的优势在于市场想象空间巨大，估值弹性高，一旦实现技术突破，有望获得垄断性收益。但风险远高于上下游：盈利周期极长，预计要到2030年才能实现现金流转正；技术路线失败率高，类似Meta元宇宙投入效果不佳的案例并不少见；且资本依赖性极强，一旦融资环境恶化，将直接冲击企业生存。
Rascoff’s admiration of Gen Z’s talent is a breath of fresh air for young staffers more often described as “annoying” or lazy in the workplace. Luckily, he’s not the only business leader who is backing up early-career employees.
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（六）扰乱大型群众性活动秩序的其他行为。。heLLoword翻译官方下载对此有专业解读
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