另一方面，软件股的超卖现象也引发部分投资者关注抄底机会。一些机构认为，像微软这样的巨头仍有潜力在 AI 时代获益，但大多数中小型 SaaS 企业由于面临颠覆风险，其股价短期内波动幅度较大。市场分化明显，投资者需要区分 AI 领域的潜在赢家和输家。
Postgres has its own primitives for things that forges currently build custom infrastructure around. A trigger on the refs table firing NOTIFY means any connected client learns about a push the moment it happens, which is how forges normally end up building a custom webhook polling layer. Multi-tenant repo isolation becomes a database concern through row-level security on the objects and refs tables, and logical replication lets you selectively stream repositories across Postgres instances, a kind of partial mirroring that filesystem-based git can’t do. Commit graph traversal for ancestry queries and merge-base computation falls to recursive CTEs, and pg_trgm indexes on blob content give you substring search across all repositories without standing up a separate search index.
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