<p>无论你对人工智能（AI）持乐观态度与否，它都对知名科技公司的营销和品牌策略产生了不可否认的影响。</p>
<p>AI 正将科技推向机器学习（ML）时代。然而，并非每家科技公司都真正是 AI 革命的贡献者。这些公司导致了人工智能股票的过度估值，可能对投资组合的长期成功和稳定性构成危险。</p>
<p>那么，哪些股票由于将 AI 整合到其品牌形象中而受到了过度关注和估值？通过随时间推移基于 AI 实施前后的估值，我们可以得到一个画面。此外，我们将查看诸如市盈率（P/E）和市净率（P/B）等重要指标。</p>
<p>让我们来看看三家被高估的人工智能股票，在严重调整之前卖出或避免。</p>
<h2>Adobe（ADBE）</h2>
<p><img src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif"/></p>
<p>来源：Koshiro K / Shutterstock.com</p>
<p>随着 OpenAI 的新 DALL-E 和 SORA 模型，Adobe（纳斯达克：ADBE）面临着来自人工智能的几项未来挑战。此外，该公司面临着由于自身人工智能实验而被高估的风险。</p>
<p>首先，人工智能软件开发的快速步伐可能会使许多 Adobe 视频和照片编辑产品过时。此外，它可能严重侵蚀公司的客户群。事实上，许多潜在的库存素材客户可能会被人工智能生成的照片和视频吸引。</p>
<p>事实上，该公司已经试图利用人工智能产品来获得优势，比如为其 Adobe Firefly 软件提供的生成填充功能。这类产品在过去一个月里使公司的价值大涨。然而，时间将证明它们是否真的是 ADBE 声称的价值驱动因素。目前，随着股价接近 600 美元，其市盈率为 51.67 倍，似乎有些高估。</p>
<h2>Arista Networks（ANET）</h2>
<p><img src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif"/></p>
<p>来源：Sundry Photography / Shutterstock.com</p>
<p>在过去六个月里上涨了惊人的 51%，投资者可能考虑获利了结 Arista Networks（纽约证券交易所：ANET）。在二月底，我推荐 ANET 股票作为强烈买入。这是基于 AI 相关服务将使其跨入新阶段的预测。如果当时购买了，今天您将获利 36%。考虑到我推荐的股票都是长期投资，这是非常慷慨的。</p>
<p>看看五个月后的 ANET 股票，人工智能炒作可能使其涨得太快太远。其 51.61 倍的市盈率意味着它开始变得昂贵。取决于更广泛的经济状况和数据中心行业的走向，ANET 可能会在未来看到价格下调。</p>
<p>因此，投资者现在应该获利了结。尽管股价可能继续增长，但随着迟迟未到的更广泛市场调整，它很可能会崩盘。</p>
<h2>C3.ai（AI）</h2>
<p><img src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif"/></p>
<p>来源：shutterstock.com/Below the Sky</p>
<p>尽管过去六个月上涨约 6%，C3.ai（纽约证券交易所：AI）几乎可以肯定是目前估值最高的人工智能股票之一。</p>
<p>这是因为该公司没有利润来证明其当前价格。这是投资者猜测的产物。此外，很难估计企业级人工智能软件的当前需求量。</p>
<p>此外，该公司的定价相对周期性，过去 12 个月在 40 至 20 美元的范围内上涨和下跌三次。现在，其共识评级是持有。然而，我建议投资者退出该头寸，因为 C3.ai 的主要优势仍然是其人工智能品牌。</p>
<p>如果更广泛的市场开始感觉过去 12 个月人工智能被过度炒作，那么我们可能会看到人工智能股票的股价大幅下跌。</p>
<p>_在本文发布日期，Viktor Zarev 在本文提及的证券中没有（直接或间接）任何头寸。本文中表达的观点属于作者本人，遵守 InvestorPlace.com 的发布准则。</p>
<p>_在本文发布日期，负责编辑在本文提及的证券中没有（直接或间接）任何头寸。</p>
<p>Viktor Zarev 是一位科学家、研究员和作家，专门通过对准确性和理解的执着来解释科技股复杂的世界。</p>
<p>人工智能、科技</p>

ADBE

ANET

<p>Adobe（ADBE）、Arista Networks（ANET）和 C3.ai（AI）是三家被高估的人工智能股票，投资者应考虑出售或避免。Adobe 可能面临来自人工智能发展的挑战，这可能会使其产品过时，而 Arista Networks 的股价可能上涨得太快。C3.ai 是最被高估的人工智能股票之一，没有利润来证明其价格的合理性。投资者应退出该头寸，因为人工智能可能被过度炒作，股价可能会下跌</p>

<p>Whether or not you’re bullish on artificial intelligence ( <strong>AI</strong>), it’s had an undeniable impact upon marketing and branding strategies of renowned tech companies.</p>
<div class="lb-trans"><p>无论你对人工智能（AI）持乐观态度与否，它都对知名科技公司的营销和品牌策略产生了不可否认的影响。</p>
</div><p>AI is forcing tech into the machine learning ( <strong>ML</strong>) era. Yet, not every tech company is truly a contributor to the AI revolution. These companies result in overvalued AI stocks and can be dangerous to the long-term success and stability of an investment portfolio.</p>
<div class="lb-trans"><p>AI 正将科技推向机器学习（ML）时代。然而，并非每家科技公司都真正是 AI 革命的贡献者。这些公司导致了人工智能股票的过度估值，可能对投资组合的长期成功和稳定性构成危险。</p>
</div><p>So which stocks have received undue attention and valuation, as a result of integrating AI into their brand image? By looking at before and after valuations based on AI implementation over time, we get a picture. Moreover, we’ll take a look at important metrics like price-to-earnings ( <strong>P/E</strong>) ratios and price-to-book ( <strong>P/B</strong>) ratios.</p>
<div class="lb-trans"><p>那么，哪些股票由于将 AI 整合到其品牌形象中而受到了过度关注和估值？通过随时间推移基于 AI 实施前后的估值，我们可以得到一个画面。此外，我们将查看诸如市盈率（P/E）和市净率（P/B）等重要指标。</p>
</div><p>Let’s examine three overvalued AI stocks to sell or avoid before a serious correction.</p>
<div class="lb-trans"><p>让我们来看看三家被高估的人工智能股票，在严重调整之前卖出或避免。</p>
</div><h2>Adobe (ADBE)</h2>
<div class="lb-trans"><h2>Adobe（ADBE）</h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif" alt="" original-src="https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif"/></p>
<p>Source: Koshiro K / Shutterstock.com</p>
<div class="lb-trans"><p>来源：Koshiro K / Shutterstock.com</p>
</div><p>With <strong>OpenAI’s</strong> new DALL-E and SORA models, <strong>Adobe</strong>(NASDAQ:<strong>ADBE</strong>) faces several future challenges from AI. Also, the company is confronted with the risk of overvaluation due to its own AI experiments.</p>
<div class="lb-trans"><p>随着 OpenAI 的新 DALL-E 和 SORA 模型，Adobe（纳斯达克：ADBE）面临着来自人工智能的几项未来挑战。此外，该公司面临着由于自身人工智能实验而被高估的风险。</p>
</div><p>First, the rapid pace of AI software development could make many Adobe video and photo editing products obsolete. Also, it could severely cut into the company’s customer base. In fact, many potential stock footage customers may be drawn away by AI-generated photos and videos.</p>
<div class="lb-trans"><p>首先，人工智能软件开发的快速步伐可能会使许多 Adobe 视频和照片编辑产品过时。此外，它可能严重侵蚀公司的客户群。事实上，许多潜在的库存素材客户可能会被人工智能生成的照片和视频吸引。</p>
</div><p>Indeed, the company has tried to use AI products to its own advantage, with features like Generative Fill for its Adobe Firefly software. These kinds of products have seen the company’s value surge in the last month. Yet, time will tell if they are truly the value drivers ADBE claims them to be. For now, its P/E ratio of 51.67x seems somewhat overpriced as the stock nears the $600 mark.</p>
<div class="lb-trans"><p>事实上，该公司已经试图利用人工智能产品来获得优势，比如为其 Adobe Firefly 软件提供的生成填充功能。这类产品在过去一个月里使公司的价值大涨。然而，时间将证明它们是否真的是 ADBE 声称的价值驱动因素。目前，随着股价接近 600 美元，其市盈率为 51.67 倍，似乎有些高估。</p>
</div><h2>Arista Networks (ANET)</h2>
<div class="lb-trans"><h2>Arista Networks（ANET）</h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif" alt="" original-src="https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif"/></p>
<p>Source: Sundry Photography / Shutterstock.com</p>
<div class="lb-trans"><p>来源：Sundry Photography / Shutterstock.com</p>
</div><p>Up a stunning 51% over the last six months, investors might want to consider taking profits on <strong>Arista Networks</strong>(NYSE:<strong>ANET</strong>). At February’s end, I recommended ANET stock as a strong buy. That was based on the prediction that AI-related services would take it to the next level. Had you bought back then, you’d be up a solid 36% today. That is generous, considering that the stocks I recommend are intended to be long-term plays.</p>
<div class="lb-trans"><p>在过去六个月里上涨了惊人的 51%，投资者可能考虑获利了结 Arista Networks（纽约证券交易所：ANET）。在二月底，我推荐 ANET 股票作为强烈买入。这是基于 AI 相关服务将使其跨入新阶段的预测。如果当时购买了，今天您将获利 36%。考虑到我推荐的股票都是长期投资，这是非常慷慨的。</p>
</div><p>Looking at ANET stock five months later, AI hype may have carried it too far too fast. Its 51.61x price-to-earnings ratio means it is starting to get expensive. Depending on the broader economy and the data center industry’s direction, ANET could see a reduction in price on the horizon.</p>
<div class="lb-trans"><p>看看五个月后的 ANET 股票，人工智能炒作可能使其涨得太快太远。其 51.61 倍的市盈率意味着它开始变得昂贵。取决于更广泛的经济状况和数据中心行业的走向，ANET 可能会在未来看到价格下调。</p>
</div><p>Therefore, investors should take their profits now. Although the stock may continue to grow, it is likely to crash along with a broader market correction which is ultimately overdue.</p>
<div class="lb-trans"><p>因此，投资者现在应该获利了结。尽管股价可能继续增长，但随着迟迟未到的更广泛市场调整，它很可能会崩盘。</p>
</div><h2>C3.ai (AI)</h2>
<div class="lb-trans"><h2>C3.ai（AI）</h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif" alt="" original-src="https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif"/></p>
<p>Source: shutterstock.com/Below the Sky</p>
<div class="lb-trans"><p>来源：shutterstock.com/Below the Sky</p>
</div><p>Despite being up around 6% in the last six months, C3.ai (NYSE:<strong>AI</strong>) is almost certainly among the most overvalued AI stocks right now.</p>
<div class="lb-trans"><p>尽管过去六个月上涨约 6%，C3.ai（纽约证券交易所：AI）几乎可以肯定是目前估值最高的人工智能股票之一。</p>
</div><p>That’s because the company has no profits with which to justify its current price. It is a product of investor speculation. Moreover, it’s hard to gauge the amount of current demand for enterprise-level AI software.</p>
<div class="lb-trans"><p>这是因为该公司没有利润来证明其当前价格。这是投资者猜测的产物。此外，很难估计企业级人工智能软件的当前需求量。</p>
</div><p>Furthermore, the company’s pricing has been relatively cyclical as it rose and fell three times in the last 12 months between the $40 to $20 range. Now, its consensus ratings put it on hold. Yet, I would recommend investors exit the position as C3.ai’s major advantage is still its AI branding.</p>
<div class="lb-trans"><p>此外，该公司的定价相对周期性，过去 12 个月在 40 至 20 美元的范围内上涨和下跌三次。现在，其共识评级是持有。然而，我建议投资者退出该头寸，因为 C3.ai 的主要优势仍然是其人工智能品牌。</p>
</div><p>Should the broader market begin to feel that AI has been overhyped over the last 12 months, then we could see a serious reduction in the share price for AI stock.</p>
<div class="lb-trans"><p>如果更广泛的市场开始感觉过去 12 个月人工智能被过度炒作，那么我们可能会看到人工智能股票的股价大幅下跌。</p>
</div><p><em>On the date of publication, Viktor Zarev did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com</em> <em>Publishing Guidelines</em> <em>.</em></p>
<div class="lb-trans"><p>_在本文发布日期，Viktor Zarev 在本文提及的证券中没有（直接或间接）任何头寸。本文中表达的观点属于作者本人，遵守 InvestorPlace.com 的发布准则。</p>
</div><p><em>On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.</em></p>
<div class="lb-trans"><p>_在本文发布日期，负责编辑在本文提及的证券中没有（直接或间接）任何头寸。</p>
</div><p>Viktor Zarev is a scientist, researcher, and writer specializing in explaining the complex world of technology stocks through dedication to accuracy and understanding.</p>
<div class="lb-trans"><p>Viktor Zarev 是一位科学家、研究员和作家，专门通过对准确性和理解的执着来解释科技股复杂的世界。</p>
</div><p>Artificial Intelligence, Technology</p>
<div class="lb-trans"><p>人工智能、科技</p>
</div>

3 Overhyped AI Stocks the Smart Money Is Fleeing Fast

- AI 对营销和品牌策略产生了不可否认的影响，推动科技进入机器学习时代。
- 一些科技公司并非真正为 AI 革命做出贡献，导致 AI 股票被高估，可能危及投资组合的长期成功和稳定性。
- 通过 AI 整合对品牌形象的影响，我们可以看到哪些股票因此受到过度关注和高估。
- Adobe (ADBE) 面临来自 AI 的未来挑战，可能会因自身 AI 实验而被高估。
- Arista Networks (ANET) 近六个月上涨 51%，投资者或许应考虑获利了结。
- C3.ai (AI) 在过去六个月涨幅约 6%，几乎可以肯定是目前最被高估的 AI 股票之一。

3 只被过度炒作的 AI 股票，聪明资金正在迅速撤离