Translated data: The first copyright case involving AIGC has come to light, with a compensation of 500 yuan for a single image marking the highest return. Li Di points out that the API-based business model is not suitable for the future, and AIGC needs to focus on end-to-end operations. The development of AI technology is currently in a peak and trough cycle, with innovation expected to stabilize next year. The business model of large models is shrinking the market in vertical fields, potentially causing AI companies to lose their forward momentum. Li Di calls for the exploration of new business models that are future-oriented and adaptable to AI technological changes.