{"resolved":true,"match_type":"uuid","source_type":"original_book","book_id":"fa2211c7-60b5-424b-a841-a97c7196aed1","title":"数据资本时代","author":null,"edition":null,"publisher":null,"year":null,"isbn":"9787508694313","requested_by":"printed_page","book":{"source_type":"original_book","book_id":"fa2211c7-60b5-424b-a841-a97c7196aed1","id":"fa2211c7-60b5-424b-a841-a97c7196aed1","uuid":"fa2211c7-60b5-424b-a841-a97c7196aed1","title":"数据资本时代","normalized_title":"数据资本时代","author":null,"edition":null,"publisher":null,"year":null,"isbn":"9787508694313","isbns":["9787508694313","9783642038211"],"parsed":true,"ai_readable":true,"document_type":"book","page_count":278,"navigation_url":"https://workshop.closeclaw.top/ai/book/fa2211c7-60b5-424b-a841-a97c7196aed1","title_url":"https://workshop.closeclaw.top/ai/title/%E6%95%B0%E6%8D%AE%E8%B5%84%E6%9C%AC%E6%97%B6%E4%BB%A3","fixed_page_url_template":"https://workshop.closeclaw.top/ai/book/fa2211c7-60b5-424b-a841-a97c7196aed1/page/{printed_page}","path_api_url_template":"https://workshop.closeclaw.top/api/ai/book/fa2211c7-60b5-424b-a841-a97c7196aed1/page/{printed_page}","read_url":"https://workshop.closeclaw.top/api/ai/read/fa2211c7-60b5-424b-a841-a97c7196aed1","page_url":"https://workshop.closeclaw.top/api/ai/books/fa2211c7-60b5-424b-a841-a97c7196aed1/page","search_url":"https://workshop.closeclaw.top/api/ai/books/fa2211c7-60b5-424b-a841-a97c7196aed1/search"},"page":{"printed_page":139,"pdf_page":159,"physical_index":159,"physical_index_base":0,"printed_page_status":"recognized","page_sha256":"7eb8839d0e7343dceed1bd49e0e03f815d2b8338aacd97390306ea854b1adb4f"},"chapter":"第6章","content":"其他传统的金融中介机构，尤其是那些更加关注货币和银行业信息作用的机构，在这种新环境下，将会比银行更糟糕。它们没有支付功能可以依靠，所以也没有救生筏可以救它们。就像独立经纪人和传统的保险代理，他们可能会被淹没在可以重塑市场的“信息的海洋”中。\n\n资本的两个功能分离\n\n随着货币作为市场信息传递者的作用日渐衰减，资本的作用也会下降。在市场体系中，金融资本是关键，因为它是一个易替换的生产要素：必要时，它可以很轻松地换来急需的物资，从而实现有效的资源利用。反之亦然。\n\n但资本也传递了信息。它向世界表明，某家公司拥有某项资产，可以用来交换其他生产要素。它意味着选择自由和相对权力。外部投资也一样，它增加了公司的灵活性，同时传达了更多信息—关于公司的实力以及投资者对公司的信任。\n\n有时，外部投资的信息维度可能比资本流入本身更有价值。当红杉资本，一家备受尊敬的风险投资公司，投资于一家硅谷初创企业时，这就宛如19世纪的英国授予了其一个贵族头衔，接受投资的公司立刻会获得知名度，而且结果往往是获得额外的市场价值。\n\n第7章 资本的衰退\n\n139","previous_page":138,"next_page":140}