{"id":69394,"date":"2026-05-05T16:07:50","date_gmt":"2026-05-05T16:07:50","guid":{"rendered":"https:\/\/fabricegrinda.com\/?p=69394"},"modified":"2026-05-05T16:08:04","modified_gmt":"2026-05-05T16:08:04","slug":"%d8%a7%db%8c%d9%81-%d8%ac%db%92-%d9%84%db%8c%d8%a8%d8%b2-%da%a9%db%8c-2026-%da%a9%db%8c-%d9%be%db%81%d9%84%db%8c-%d8%b3%db%81-%d9%85%d8%a7%db%81%db%8c-%da%a9%db%8c-%d8%a7%d9%be-%da%88%db%8c%d9%b9","status":"publish","type":"post","link":"http:\/\/100.25.144.216\/ur\/%d8%a7%db%8c%d9%81-%d8%ac%db%92-%d9%84%db%8c%d8%a8%d8%b2-%da%a9%db%8c-2026-%da%a9%db%8c-%d9%be%db%81%d9%84%db%8c-%d8%b3%db%81-%d9%85%d8%a7%db%81%db%8c-%da%a9%db%8c-%d8%a7%d9%be-%da%88%db%8c%d9%b9\/","title":{"rendered":"\u0627\u06cc\u0641 \u062c\u06d2 \u0644\u06cc\u0628\u0632 \u06a9\u06cc 2026 \u06a9\u06cc \u067e\u06c1\u0644\u06cc \u0633\u06c1 \u0645\u0627\u06c1\u06cc \u06a9\u06cc \u0627\u067e \u0688\u06cc\u0679"},"content":{"rendered":"\n
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\"\"<\/figure>\n\n

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\u0627\u0633\u06a9\u0631\u06cc\u0646 \u0634\u0627\u0679<\/figcaption><\/figure>\n\n
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\u0627\u06cc\u0641 \u062c\u06d2 \u0644\u06cc\u0628\u0632 (FJ Labs) \u06a9\u06d2 \u0633\u0628 \u0633\u06d2 \u062a\u06cc\u0632\u06cc \u0633\u06d2 \u062a\u0631\u0642\u06cc \u06a9\u0631\u0646\u06d2 \u0648\u0627\u0644\u06d2 \u0627\u0646\u06a9\u06cc\u0648\u0628\u06cc\u0634\u0646\u060c \u0645\u0627\u0626\u06cc\u0688\u0627\u0633 (Midas) \u0646\u06d2 \u0622\u0631 \u0622\u0631 \u0627\u06cc (RRE) \u0627\u0648\u0631 \u06a9\u0631\u06cc\u0646\u0688\u0645 (Creandum) \u06a9\u06cc \u0642\u06cc\u0627\u062f\u062a \u0645\u06cc\u06ba 50 \u0645\u0644\u06cc\u0646 \u0688\u0627\u0644\u0631 \u06a9\u06d2 \u0633\u06cc\u0631\u06cc\u0632 \u0627\u06d2 (Series A) \u0631\u0627\u0624\u0646\u0688<\/a> \u06a9\u0627 \u0627\u0639\u0644\u0627\u0646 \u06a9\u06cc\u0627\u06d4 \u0645\u0627\u0626\u06cc\u0688\u0627\u0633<\/a> \u0679\u0648\u06a9\u0646\u0632 (mTokens) \u06a9\u0648 \u0628\u0691\u06d2 \u067e\u06cc\u0645\u0627\u0646\u06d2 \u067e\u0631 \u0627\u067e\u0646\u0627\u06cc\u0627 \u06af\u06cc\u0627 \u06c1\u06d2\u060c \u062c\u0633 \u06a9\u06cc \u0645\u0648\u062c\u0648\u062f\u06c1 \u0679\u06cc \u0648\u06cc \u0627\u06cc\u0644 (TVL) 500 \u0645\u0644\u06cc\u0646 \u0688\u0627\u0644\u0631 \u0633\u06d2 \u0632\u0627\u0626\u062f \u06c1\u06d2 \u0627\u0648\u0631 \u0633\u0631\u0645\u0627\u06cc\u06c1 \u06a9\u0627\u0631\u0648\u06ba \u06a9\u0648 37 \u0645\u0644\u06cc\u0646 \u0688\u0627\u0644\u0631 \u0633\u06d2 \u0632\u0627\u0626\u062f \u06a9\u0627 \u0645\u0646\u0627\u0641\u0639 \u0627\u062f\u0627 \u06a9\u06cc\u0627 \u062c\u0627 \u0686\u06a9\u0627 \u06c1\u06d2\u06d4 (fabricegrinda.com<\/a>)<\/p>\n<\/div>\n<\/div>\n\n

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\u06a9\u0648\u0644\u0645\u0628\u06cc\u0627 \u06a9\u06d2 \u0679\u06cc\u0644\u06cc \u06a9\u0627\u0645 \u0627\u0633\u0679\u0627\u0631\u0679 \u0627\u067e Somos Internet<\/a> \u0646\u06d2 \u0628\u0631\u06cc\u06a9\u0679 \u06a9\u06cc\u067e\u06cc\u0679\u0644 & \u0631\u0628\u0679 \u06a9\u06cc \u0645\u0634\u062a\u0631\u06a9\u06c1 \u0642\u06cc\u0627\u062f\u062a \u0645\u06cc\u06ba 40 \u0645\u0644\u06cc\u0646 \u0688\u0627\u0644\u0631 \u06a9\u0627 \u0633\u06cc\u0631\u06cc\u0632 B \u0631\u0627\u0624\u0646\u0688 \u062d\u0627\u0635\u0644 \u06a9\u06cc\u0627\u060c \u062c\u0633 \u0645\u06cc\u06ba \u06cc\u0648 \u0627\u06cc\u0633 \u0648\u06cc \u0627\u0648\u0631 \u06a9\u0627\u0632\u06cc\u06a9 \u0646\u06d2 \u0628\u06be\u06cc \u0634\u0631\u06a9\u062a \u06a9\u06cc\u06d4 \u06cc\u06c1 \u06a9\u0645\u067e\u0646\u06cc \u0641\u0627\u0626\u0628\u0631 \u0646\u06cc\u0679 \u0648\u0631\u06a9\u0633 \u0628\u0646\u0627\u062a\u06cc \u06c1\u06d2 \u062c\u0648 \u06a9\u0645 \u0642\u06cc\u0645\u062a \u067e\u0631 \u0627\u0646\u0679\u0631\u067e\u0631\u0627\u0626\u0632 \u06af\u0631\u06cc\u0688 \u06a9\u0646\u06cc\u06a9\u0679\u06cc\u0648\u06cc\u0679\u06cc \u0641\u0631\u0627\u06c1\u0645 \u06a9\u0631\u062a\u06d2 \u06c1\u06cc\u06ba\u06d4 (LatamList<\/a>)<\/p>\n<\/div>\n<\/div>\n\n

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\u0641\u06cc\u0648\u0632<\/a>\u060c <\/strong>\u062c\u0648 \u06a9\u06c1 \u0627\u06cc\u06a9 \u0627\u06d2 \u0622\u0626\u06cc \u0646\u06cc\u0679\u0648 \u0644\u0648\u0646 \u0627\u0648\u0631\u06cc\u062c\u06cc\u0646\u06cc\u0634\u0646 \u0633\u0633\u0679\u0645 \u06c1\u06d2\u060c \u0646\u06d2 \u0627\u0645\u0631\u06cc\u06a9\u06cc \u06a9\u0631\u06cc\u0688\u0679 \u06cc\u0648\u0646\u06cc\u0646\u0632 \u06a9\u06d2 \u0632\u06cc\u0631 \u0627\u0633\u062a\u0639\u0645\u0627\u0644 \u067e\u0631\u0627\u0646\u06d2 \u0633\u0633\u0679\u0645\u0632 \u06a9\u0648 \u062a\u0628\u062f\u06cc\u0644 \u06a9\u0631\u0646\u06d2 \u06a9\u06d2 \u0644\u06cc\u06d2 25 \u0645\u0644\u06cc\u0646 \u0688\u0627\u0644\u0631 \u06a9\u0627 \u0633\u06cc\u0631\u06cc\u0632 \u0627\u06d2 (Series A) \u0631\u0627\u0624\u0646\u0688 \u062d\u0627\u0635\u0644 \u06a9\u06cc\u0627\u06d4 \u0641\u06cc\u0648\u0632 \u06a9\u06d2 \u0627\u06cc\u062c\u0646\u0679\u0633 \u0642\u0631\u0636 \u062f\u06c1\u0646\u062f\u06af\u0627\u0646 \u06a9\u0648 \u0632\u06cc\u0627\u062f\u06c1 \u0645\u0642\u062f\u0627\u0631 \u0645\u06cc\u06ba \u0642\u0631\u0636\u0648\u06ba \u06a9\u06cc \u067e\u0631\u0648\u0633\u06cc\u0633\u0646\u06af\u060c \u0627\u0646\u0688\u0631 \u0631\u0627\u0626\u0679\u0646\u06af \u06a9\u0648 \u062e\u0648\u062f\u06a9\u0627\u0631 \u0628\u0646\u0627\u0646\u06d2 \u0627\u0648\u0631 \u0627\u062e\u0631\u0627\u062c\u0627\u062a \u06a9\u0645 \u06a9\u0631\u0646\u06d2 \u0645\u06cc\u06ba \u0645\u062f\u062f \u062f\u06cc\u062a\u06d2 \u06c1\u06cc\u06ba\u06d4 (TechCrunch<\/a>)<\/p>\n<\/div>\n<\/div>\n\n

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In his latest podcast episode,\u00a0Marketplaces in the Age of AI<\/a>, Fabrice shares his belief that AI is far more likely a productivity revolution than economic collapse. He explains why most fears around AI disintermediating marketplaces are overstated, where AI does in fact threaten marketplace margins, and the immediate opportunities AI creates for liquidity, cross-border trade, and profitability.<\/p>\n<\/div>\n<\/div>\n\n

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The power law mindset of venture has gone from genuine insight to crowded trade with every fund fighting to get into the same AI deals at eyewatering valuations. But being right about the company isn\u2019t enough to succeed. You also have to be right about the price. Jeff Weinstein digs in: Part 1<\/a> and Part 2<\/a>.<\/p>\n<\/div>\n<\/div>\n\n

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<\/p>\n","protected":false},"excerpt":{"rendered":"

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Categories - \u0627\u06cc\u0641 \u062c\u06d2 \u0644\u06cc\u0628\u0632. 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(Vinted.com)\n \u06a9\u0648\u0626\u0646\u0633 10 \u0628\u0644\u06cc\u0646 \u06cc\u0648\u0631\u0648 \u06a9\u06cc \u0645\u0627\u0644\u06cc\u062a \u062a\u06a9 \u067e\u06c1\u0646\u0686 \u06af\u06cc\u0627ICONIQ \u0646\u06d2 500 \u0645\u0644\u06cc\u0646 \u0688\u0627\u0644\u0631 \u06a9\u06cc \u0628\u0691\u06cc \u0633\u06cc\u0631\u06cc\u0632 E \u0641\u0646\u0688\u0646\u06af \u0631\u0627\u0624\u0646\u0688 \u06a9\u06cc \u0642\u06cc\u0627\u062f\u062a \u06a9\u06cc\n \u0641\u06cc\u06a9\u0679\u0631\u06cc \u0633\u06d2 \u0635\u0627\u0631\u0641 \u062a\u06a9 \u0627\u06cc-\u06a9\u0627\u0645\u0631\u0633 \u0628\u0631\u0627\u0646\u0688\u060c Quince\u060c \u062c\u0648 \u0641\u0646\u0688 II \u0645\u06cc\u06ba \u06a9\u06cc\u0631\u06cc\u0646\u06af \u0648\u06cc\u0644\u06cc\u0648 \u06a9\u06d2 \u0644\u062d\u0627\u0638 \u0633\u06d2 \u0627\u06cc\u06a9 \u0627\u0648\u0631 \u0627\u0639\u0644\u06cc\u0670 \u067e\u0648\u0632\u06cc\u0634\u0646 \u067e\u0631 \u06c1\u06d2\u060c \u0646\u06d2 ICONIQ \u06a9\u06cc \u0642\u06cc\u0627\u062f\u062a \u0645\u06cc\u06ba 10.1 \u0627\u0631\u0628 \u0688\u0627\u0644\u0631 \u06a9\u06cc \u0645\u0627\u0644\u06cc\u062a \u067e\u0631 500 \u0645\u0644\u06cc\u0646 \u0688\u0627\u0644\u0631 \u06a9\u06cc \u0633\u06cc\u0631\u06cc\u0632 E \u0641\u0646\u0688\u0646\u06af \u062d\u0627\u0635\u0644 \u06a9\u06cc\u06d4 \u0627\u067e\u0646\u06cc 50 \u0688\u0627\u0644\u0631 \u06a9\u06cc \u06a9\u0634\u0645\u06cc\u0631\u06cc \u0633\u0648\u06cc\u0679\u0631 \u06a9\u06d2 \u0644\u06cc\u06d2 \u0645\u0634\u06c1\u0648\u0631\u060c Quince \u0646\u06d2 \u0631\u0648\u0627\u06cc\u062a\u06cc \u0631\u06cc\u0679\u06cc\u0644 \u06a9\u06d2 \u067e\u06cc\u0686\u06be\u06d2 \u06a9\u06d2 \u0646\u0638\u0627\u0645 \u06a9\u0648 \u062f\u0648\u0628\u0627\u0631\u06c1 \u0688\u06cc\u0632\u0627\u0626\u0646 \u06a9\u06cc\u0627 \u06c1\u06d2\u060c \u062c\u0633 \u0633\u06d2 \u0633\u0627\u0644\u0627\u0646\u06c1 \u0622\u0645\u062f\u0646\u06cc \u0645\u06cc\u06ba \u062a\u06cc\u0646 \u06c1\u0646\u062f\u0633\u0648\u06ba \u0645\u06cc\u06ba \u0627\u0636\u0627\u0641\u06c1 \u06c1\u0648\u0627 \u06c1\u06d2 \u0627\u0648\u0631 \u06af\u0632\u0634\u062a\u06c1 \u0633\u0627\u0644 \u06cc\u06c1 2 \u0627\u0631\u0628 \u0688\u0627\u0644\u0631 \u06a9\u06d2 \u0642\u0631\u06cc\u0628 \u067e\u06c1\u0646\u0686 \u06af\u0626\u06cc! \u06cc\u06c1 \u062a\u0627\u0632\u06c1 \u062a\u0631\u06cc\u0646 \u0641\u0646\u0688\u0646\u06af \u062c\u0627\u0631\u06cc \u0639\u0627\u0644\u0645\u06cc \u062a\u0648\u0633\u06cc\u0639\u060c \u06a9\u06cc\u0679\u06cc\u06af\u0631\u06cc \u06a9\u06cc \u062a\u0631\u0642\u06cc\u060c \u0627\u0648\u0631 \u0633\u067e\u0644\u0627\u0626\u06cc \u0686\u06cc\u0646 \u06a9\u06cc \u06af\u06c1\u0631\u06cc \u0634\u0631\u0627\u06a9\u062a \u062f\u0627\u0631\u06cc\u0648\u06ba \u0645\u06cc\u06ba \u0645\u0639\u0627\u0648\u0646\u062a \u06a9\u0631\u06d2 \u06af\u06cc\u06d4 (TechCrunch)\n \u0627\u0633\u06a9\u0631\u06cc\u0646 \u0634\u0627\u0679\n \u0627\u0633\u06a9\u0631\u06cc\u0646 \u0634\u0627\u0679\n 2023 \u0645\u06cc\u06ba \u0633\u0627\u0628\u0642 \u0679\u0646\u06a9\u0648\u0641 \u0645\u0644\u0627\u0632\u0645\u06cc\u0646 \u06a9\u06cc \u062c\u0627\u0646\u0628 \u0633\u06d2 \u0642\u0627\u0626\u0645 \u06a9\u0631\u062f\u06c1\u060c Plata\u060c \u062c\u0648 \u0645\u06cc\u06a9\u0633\u06cc\u06a9\u0648 \u0645\u06cc\u06ba \u0646\u06cc\u0648\u0628\u06cc\u0646\u06a9 \u06a9\u0648 \u0679\u06a9\u0631 \u062f\u06cc\u0646\u06d2 \u0648\u0627\u0644\u06cc \u06a9\u0645\u067e\u0646\u06cc \u06c1\u06d2\u060c \u0646\u06d2 \u0628\u0627\u0626\u06cc\u0633\u06a9\u0644 \u06a9\u06cc\u067e\u06cc\u0679\u0644 \u06a9\u06cc \u0642\u06cc\u0627\u062f\u062a \u0645\u06cc\u06ba 5 \u0627\u0631\u0628 \u0688\u0627\u0644\u0631 \u06a9\u06cc \u0645\u0627\u0644\u06cc\u062a \u067e\u0631 400 \u0645\u0644\u06cc\u0646 \u0688\u0627\u0644\u0631 \u06a9\u06cc \u0633\u06cc\u0631\u06cc\u0632 C \u0641\u0646\u0688\u0646\u06af \u062d\u0627\u0635\u0644 \u06a9\u06cc\u06d4 Plata \u0646\u06d2 \u062a\u06cc\u0646 \u0633\u0627\u0644 \u0633\u06d2 \u0628\u06be\u06cc \u06a9\u0645 \u0639\u0631\u0635\u06d2 \u0645\u06cc\u06ba 600 \u0645\u0644\u06cc\u0646 \u0688\u0627\u0644\u0631 \u0633\u06d2 \u0632\u0627\u0626\u062f \u06a9\u06cc \u0622\u0645\u062f\u0646\u06cc \u062d\u0627\u0635\u0644 \u06a9\u0631 \u0644\u06cc \u06c1\u06d2\u060c \u062c\u0648 \u0627\u0633\u06d2 \u0644\u0627\u0637\u06cc\u0646\u06cc \u0627\u0645\u0631\u06cc\u06a9\u06c1 \u06a9\u06cc \u062a\u0627\u0631\u06cc\u062e \u0645\u06cc\u06ba \u0633\u0628 \u0633\u06d2 \u062a\u06cc\u0632\u06cc \u0633\u06d2 \u062a\u0631\u0642\u06cc \u06a9\u0631\u0646\u06d2 \u0648\u0627\u0644\u0627 \u0627\u0633\u0679\u0627\u0631\u0679 \u0627\u067e \u0628\u0646\u0627\u062a\u06cc \u06c1\u06d2! (PRNewswire)\n \u0627\u06cc\u0641 \u062c\u06d2 \u0644\u06cc\u0628\u0632 (FJ Labs) \u06a9\u06d2 \u0633\u0628 \u0633\u06d2 \u062a\u06cc\u0632\u06cc \u0633\u06d2 \u062a\u0631\u0642\u06cc \u06a9\u0631\u0646\u06d2 \u0648\u0627\u0644\u06d2 \u0627\u0646\u06a9\u06cc\u0648\u0628\u06cc\u0634\u0646\u060c \u0645\u0627\u0626\u06cc\u0688\u0627\u0633 (Midas) \u0646\u06d2 \u0622\u0631 \u0622\u0631 \u0627\u06cc (RRE) \u0627\u0648\u0631 \u06a9\u0631\u06cc\u0646\u0688\u0645 (Creandum) \u06a9\u06cc \u0642\u06cc\u0627\u062f\u062a \u0645\u06cc\u06ba 50 \u0645\u0644\u06cc\u0646 \u0688\u0627\u0644\u0631 \u06a9\u06d2 \u0633\u06cc\u0631\u06cc\u0632 \u0627\u06d2 (Series A) \u0631\u0627\u0624\u0646\u0688 \u06a9\u0627 \u0627\u0639\u0644\u0627\u0646 \u06a9\u06cc\u0627\u06d4 \u0645\u0627\u0626\u06cc\u0688\u0627\u0633 \u0679\u0648\u06a9\u0646\u0632 (mTokens) \u06a9\u0648 \u0628\u0691\u06d2 \u067e\u06cc\u0645\u0627\u0646\u06d2 \u067e\u0631 \u0627\u067e\u0646\u0627\u06cc\u0627 \u06af\u06cc\u0627 \u06c1\u06d2\u060c \u062c\u0633 \u06a9\u06cc \u0645\u0648\u062c\u0648\u062f\u06c1 \u0679\u06cc \u0648\u06cc \u0627\u06cc\u0644 (TVL) 500 \u0645\u0644\u06cc\u0646 \u0688\u0627\u0644\u0631 \u0633\u06d2 \u0632\u0627\u0626\u062f \u06c1\u06d2 \u0627\u0648\u0631 \u0633\u0631\u0645\u0627\u06cc\u06c1 \u06a9\u0627\u0631\u0648\u06ba \u06a9\u0648 37 \u0645\u0644\u06cc\u0646 \u0688\u0627\u0644\u0631 \u0633\u06d2 \u0632\u0627\u0626\u062f \u06a9\u0627 \u0645\u0646\u0627\u0641\u0639 \u0627\u062f\u0627 \u06a9\u06cc\u0627 \u062c\u0627 \u0686\u06a9\u0627 \u06c1\u06d2\u06d4 (fabricegrinda.com)\n \u06a9\u0648\u0644\u0645\u0628\u06cc\u0627 \u06a9\u06d2 \u0679\u06cc\u0644\u06cc \u06a9\u0627\u0645 \u0627\u0633\u0679\u0627\u0631\u0679 \u0627\u067e Somos Internet \u0646\u06d2 \u0628\u0631\u06cc\u06a9\u0679 \u06a9\u06cc\u067e\u06cc\u0679\u0644 & \u0631\u0628\u0679 \u06a9\u06cc \u0645\u0634\u062a\u0631\u06a9\u06c1 \u0642\u06cc\u0627\u062f\u062a \u0645\u06cc\u06ba 40 \u0645\u0644\u06cc\u0646 \u0688\u0627\u0644\u0631 \u06a9\u0627 \u0633\u06cc\u0631\u06cc\u0632 B \u0631\u0627\u0624\u0646\u0688 \u062d\u0627\u0635\u0644 \u06a9\u06cc\u0627\u060c \u062c\u0633 \u0645\u06cc\u06ba \u06cc\u0648 \u0627\u06cc\u0633 \u0648\u06cc \u0627\u0648\u0631 \u06a9\u0627\u0632\u06cc\u06a9 \u0646\u06d2 \u0628\u06be\u06cc \u0634\u0631\u06a9\u062a \u06a9\u06cc\u06d4 \u06cc\u06c1 \u06a9\u0645\u067e\u0646\u06cc \u0641\u0627\u0626\u0628\u0631 \u0646\u06cc\u0679 \u0648\u0631\u06a9\u0633 \u0628\u0646\u0627\u062a\u06cc \u06c1\u06d2 \u062c\u0648 \u06a9\u0645 \u0642\u06cc\u0645\u062a \u067e\u0631 \u0627\u0646\u0679\u0631\u067e\u0631\u0627\u0626\u0632 \u06af\u0631\u06cc\u0688 \u06a9\u0646\u06cc\u06a9\u0679\u06cc\u0648\u06cc\u0679\u06cc \u0641\u0631\u0627\u06c1\u0645 \u06a9\u0631\u062a\u06d2 \u06c1\u06cc\u06ba\u06d4 (LatamList)\n \u0641\u06cc\u0648\u0632\u060c \u062c\u0648 \u06a9\u06c1 \u0627\u06cc\u06a9 \u0627\u06d2 \u0622\u0626\u06cc \u0646\u06cc\u0679\u0648 \u0644\u0648\u0646 \u0627\u0648\u0631\u06cc\u062c\u06cc\u0646\u06cc\u0634\u0646 \u0633\u0633\u0679\u0645 \u06c1\u06d2\u060c \u0646\u06d2 \u0627\u0645\u0631\u06cc\u06a9\u06cc \u06a9\u0631\u06cc\u0688\u0679 \u06cc\u0648\u0646\u06cc\u0646\u0632 \u06a9\u06d2 \u0632\u06cc\u0631 \u0627\u0633\u062a\u0639\u0645\u0627\u0644 \u067e\u0631\u0627\u0646\u06d2 \u0633\u0633\u0679\u0645\u0632 \u06a9\u0648 \u062a\u0628\u062f\u06cc\u0644 \u06a9\u0631\u0646\u06d2 \u06a9\u06d2 \u0644\u06cc\u06d2 25 \u0645\u0644\u06cc\u0646 \u0688\u0627\u0644\u0631 \u06a9\u0627 \u0633\u06cc\u0631\u06cc\u0632 \u0627\u06d2 (Series A) \u0631\u0627\u0624\u0646\u0688 \u062d\u0627\u0635\u0644 \u06a9\u06cc\u0627\u06d4 \u0641\u06cc\u0648\u0632 \u06a9\u06d2 \u0627\u06cc\u062c\u0646\u0679\u0633 \u0642\u0631\u0636 \u062f\u06c1\u0646\u062f\u06af\u0627\u0646 \u06a9\u0648 \u0632\u06cc\u0627\u062f\u06c1 \u0645\u0642\u062f\u0627\u0631 \u0645\u06cc\u06ba \u0642\u0631\u0636\u0648\u06ba \u06a9\u06cc \u067e\u0631\u0648\u0633\u06cc\u0633\u0646\u06af\u060c \u0627\u0646\u0688\u0631 \u0631\u0627\u0626\u0679\u0646\u06af \u06a9\u0648 \u062e\u0648\u062f\u06a9\u0627\u0631 \u0628\u0646\u0627\u0646\u06d2 \u0627\u0648\u0631 \u0627\u062e\u0631\u0627\u062c\u0627\u062a \u06a9\u0645 \u06a9\u0631\u0646\u06d2 \u0645\u06cc\u06ba \u0645\u062f\u062f \u062f\u06cc\u062a\u06d2 \u06c1\u06cc\u06ba\u06d4 (TechCrunch)\n In his latest podcast episode,\u00a0Marketplaces in the Age of AI, Fabrice shares his belief that AI is far more likely a productivity revolution than economic collapse. He explains why most fears around AI disintermediating marketplaces are overstated, where AI does in fact threaten marketplace margins, and the immediate opportunities AI creates for liquidity, cross-border trade, and profitability.\n \u0641\u06cc\u0628\u0631\u0627\u0626\u0633 \u06a9\u06cc \u062d\u0627\u0644\u06cc\u06c1 \u0628\u0644\u0627\u06af \u067e\u0648\u0633\u0679\u060c AI Is a Productivity Revolution, Not a Collapse \u0636\u0631\u0648\u0631 \u062f\u06cc\u06a9\u06be\u06cc\u06ba \u062c\u06c1\u0627\u06ba \u0648\u06c1 \u06cc\u06c1 \u062f\u0644\u06cc\u0644 \u062f\u06cc\u062a\u06d2 \u06c1\u06cc\u06ba \u06a9\u06c1 AI \u0645\u0639\u0627\u0634\u06cc \u062a\u0631\u0642\u06cc \u06a9\u0627 \u0627\u062e\u062a\u062a\u0627\u0645 \u0646\u06c1\u06cc\u06ba \u06c1\u06d2\u060c \u0628\u0644\u06a9\u06c1 \u06cc\u06c1 \u0645\u062d\u0636 \u0627\u06af\u0644\u0627 \u0628\u0627\u0628 \u06c1\u06d2\u06d4 \u0641\u06cc\u0628\u0631\u0627\u0626\u0633 \u0627\u0633 \u0637\u0631\u06cc\u0642\u06d2 \u06a9\u0648 \u0628\u06cc\u0627\u0646 \u06a9\u0631\u062a\u06d2 \u06c1\u06cc\u06ba \u062c\u0633 \u0645\u06cc\u06ba AI \u067e\u06cc\u062f\u0627\u0648\u0627\u0631\u06cc \u0635\u0644\u0627\u062d\u06cc\u062a \u06a9\u0648 \u062a\u06cc\u0632 \u06a9\u0631\u0646\u06d2\u060c \u067e\u06cc\u062f\u0627\u0648\u0627\u0631 \u0628\u0691\u06be\u0627\u0646\u06d2\u060c \u0645\u0639\u06cc\u0627\u0631\u0650 \u0632\u0646\u062f\u06af\u06cc \u0628\u0644\u0646\u062f \u06a9\u0631\u0646\u06d2 \u0627\u0648\u0631 \u0628\u0627\u0644\u0622\u062e\u0631 \u0627\u0646\u0633\u0627\u0646\u06cc \u0627\u062e\u062a\u06cc\u0627\u0631\u0627\u062a \u0645\u06cc\u06ba \u0627\u0636\u0627\u0641\u06d2 \u06a9\u0627 \u0627\u06cc\u06a9 \u0637\u0627\u0642\u062a\u0648\u0631 \u0630\u0631\u06cc\u0639\u06c1 \u06c1\u06d2\u06d4 \n The power law mindset of venture has gone from genuine insight to crowded trade with every fund fighting to get into the same AI deals at eyewatering valuations. But being right about the company isn\u2019t enough to succeed. You also have to be right about the price. 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