On November 6, 2025, market analysis highlighted Baidu's ongoing difficulties with monetizing its artificial intelligence efforts. Specifically, while its Ernie bot has attracted a massive user base, this has not translated into significant earnings per share growth for the company. This scrutiny comes as some value investors are expressing caution about the profitability of AI ventures, noting that the path from user engagement to cash flow remains unproven for many companies in the sector. The analysis points to Baidu as a key example of this trend, where large-scale AI deployment has yet to yield substantial financial returns, keeping earnings stagnant.