Remaining focused and ignoring the naysayers
在流量红利尚在的阶段，交易规模的扩张可以掩盖效率与分配问题；但当新增用户放缓、使用频率趋稳，平台增长就不可避免地从规模扩张转向单位变现。这一转变，使抽佣的性质发生了变化。它不再只是对撮合价值的回报，而逐渐承担起补增长的角色。
。heLLoword翻译官方下载对此有专业解读
• Every time I teach world history, I make a point of showing things like the above to my students and reading them Philip Larkin’s “An Arundel Tomb”:
A protein reinforces the blood–brain barrier, which becomes leaky with age.
arXiv:2602.18602v1 [cs.PL] for this version)