# 纳德拉：智能体市场或比云大几个数量级

- 来源：Rohan Paul (@rohanpaul_ai)
- 发布时间：2026-09-26 01:56
- AIHOT 分数：44
- AIHOT 链接：https://aihot.news/items/cmuha0lr30601ro3b2hjyhcy3
- 原文链接：https://x.com/rohanpaul_ai/status/2103544258473157034

## AI 摘要

微软 CEO Satya Nadella 在 Alex Heath 的播客中表示，智能体（Agent）时代的市场规模将比云业务大几个数量级，并称这可能是史上最大的 TAM 扩张。访谈还涉及新 Copilot 的发布、基于 OpenClaw 的智能体 Autopilot、微软与 OpenAI 的关系及自研模型，以及 AI 安全与监管等话题。

## 正文

Satya Nadella: The agent market could be orders of magnitude bigger than cloud.

"We build platforms that people find valuable and as long as we do that in fact this is probably the biggest TAM expansion ever.

our server business was a very healthy business throughout the '9s and the 2000s the cloud business was orders of magnitude bigger because people consumed more. I think the Agent era will be even bigger than the cloud by orders of magnitude."

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From "Sources Podcast and Alex Heath (@alexeheath)" YouTube channel, (link in comment)

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