{"id":79694,"date":"2024-03-01T22:43:17","date_gmt":"2024-03-01T22:43:17","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2024\/03\/01\/rabbits-jesse-lyu-on-the-nature-of-startups-grow-faster-or-die-faster-just-dont-give-up-techcrunch\/"},"modified":"2024-03-01T22:43:17","modified_gmt":"2024-03-01T22:43:17","slug":"rabbits-jesse-lyu-on-the-nature-of-startups-grow-faster-or-die-faster-just-dont-give-up-techcrunch","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2024\/03\/01\/rabbits-jesse-lyu-on-the-nature-of-startups-grow-faster-or-die-faster-just-dont-give-up-techcrunch\/","title":{"rendered":"Rabbit&#8217;s Jesse Lyu on the nature of startups: &#8216;Grow faster, or die faster,&#8217; just don&#8217;t give up | TechCrunch"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p id=\"speakable-summary\">Rabbit co-founder and CEO Jesse Lyu isn\u2019t afraid of death \u2026 the death of the company, at least. He told TechCrunch that the company is a startup whose fortunes may be swayed by the whims of multibillion-dollar rivals \u2014 but that\u2019s no reason to give up and go home.<\/p>\n<p><a href=\"https:\/\/youtu.be\/gAHBsvHj0NQ?list=PLHRxVckaE8da_lkoYUqwiUijWQN907hAP\" target=\"_blank\" rel=\"noopener\">Appearing onstage at StrictlyVC LA<\/a>, Lyu explained his rather philosophical approach to the threat of Google, Microsoft, or Apple coming to crush them. (Quotes have been lightly edited for clarity.)<\/p>\n<p><a href=\"https:\/\/techcrunch.com\/2024\/01\/09\/can-a-striking-design-set-rabbits-r1-pocket-ai-apart-from-a-gaggle-of-virtual-assistants\/\" target=\"_blank\" rel=\"noopener\">Rabbit\u2019s r1<\/a>, the pocket AI assistant that attracted considerable hype after its debut at CES, is certainly an original proposal. Half the size of a phone, the device acts strictly as a voice-powered assistant but is able to remotely operate your apps and perform complex actions as well as answer questions and carry on a conversation like ChatGPT. He described the two parts as \u201cintent\u201d and \u201caction.\u201d<\/p>\n<p>\u201cI had this vision many years ago, actually 10 years ago, but the technology wasn\u2019t ready. This is the first time in history that a device like this is actually possible,\u201d said Lyu.<\/p>\n<p>He explained that he had been intrigued by the capabilities of LLMs to understand language and intent and that with the apparent versatility of transformer-based systems, it was natural to try to get them to perform actions as well.<\/p>\n<p>\u201cWe immediately tried using super-prompts to get this language model to do things, and the result was very miserable,\u201d he recalled. \u201cThere\u2019s a demo from another company to use an LLM to go to MrBeast\u2019s latest YouTube video and leave a comment. Yes, in theory, language models can do that. But it would cause you to have to literally watch your screen doing that step by step. And it takes roughly around two to three minutes to finish one task like that. We just don\u2019t think that can convert into a good end user experience.\u201d<\/p>\n<p>Their solution is the \u201clarge action model,\u201d which is trained on hours and hours of actual users interacting with popular apps: \u201cSpotify, Uber, Expedia, DoorDash, you name it. We have the top 800 highest frequency apps. Then we set up this neural symbolic network and ask this AI, which now we call large action model, to review those clips, but frame by frame. The idea is that symbolically, the AI will be eventually smart enough to extract all the buttons, all the elements, and then we can basically build a logic to automate.\u201d<\/p>\n<div id=\"attachment_2649620\" style=\"width: 1034px\" class=\"wp-caption aligncenter\"><\/p>\n<p id=\"caption-attachment-2649620\" class=\"wp-caption-text\">The rabbit r1 in use. Hand model: Chris Velazco of the Washington Post. <strong>Image Credits:<\/strong> Devin Coldewey \/ TechCrunch<\/p>\n<\/div>\n<p>The language part is still run on third-party LLM services like Perplexity, which appears to be making a bid to capitalize on Rabbit\u2019s success, offering a year of free service on top of whatever the r1 provides. I suggested that the API costs and other considerations could represent a danger to the startup\u2019s solvency.<\/p>\n<p>\u201cFirst of all, we\u2019re not losing money by selling r1, which is a very, very, very significant achievement, especially for new startup on gen 1. We\u2019re not going to be bankrupt by selling more units. I give all the credit to my hardware team of amazing guys for being able to basically negotiate down the parts and the BOM [bill of material] costs,\u201d he said. \u201cWe\u2019re really close to 100,000 orders. Two days before the keynote I I told my team, it will be really nice if we can sell 500 units on day one. But we sold 18,000.\u201d<\/p>\n<p>As for a subscription, Lyu just doesn\u2019t see it as working, especially when the thesis of the device is cheap and simple. Though he did mention that users will be able to train and sell their own app-specific models later on, and Rabbit would take a cut of that, but cautioned that this is a long-term plan with no specifics yet.<\/p>\n<p>Lastly, when confronted with the fact that the biggest, richest companies in the world are spending billions to get ahead in AI, Lyu provided an almost Zen perspective on the prospect of being crushed under the heel of Google, Microsoft, or Apple (whose CEO Tim Cook just said will \u201cbreak new ground\u201d on AI this year).<\/p>\n<div id=\"attachment_2673544\" style=\"width: 1034px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-2673544\" class=\"size-full wp-image-2673544\" src=\"https:\/\/techcrunch.com\/wp-content\/uploads\/2024\/03\/53562059680_0ebc49f9b5_k.jpg\" alt=\"\" width=\"1024\" height=\"683\" srcset=\"https:\/\/techcrunch.com\/wp-content\/uploads\/2024\/03\/53562059680_0ebc49f9b5_k.jpg 2048w, https:\/\/techcrunch.com\/wp-content\/uploads\/2024\/03\/53562059680_0ebc49f9b5_k.jpg?resize=150,100 150w, https:\/\/techcrunch.com\/wp-content\/uploads\/2024\/03\/53562059680_0ebc49f9b5_k.jpg?resize=300,200 300w, https:\/\/techcrunch.com\/wp-content\/uploads\/2024\/03\/53562059680_0ebc49f9b5_k.jpg?resize=768,512 768w, https:\/\/techcrunch.com\/wp-content\/uploads\/2024\/03\/53562059680_0ebc49f9b5_k.jpg?resize=680,453 680w, https:\/\/techcrunch.com\/wp-content\/uploads\/2024\/03\/53562059680_0ebc49f9b5_k.jpg?resize=1536,1024 1536w, https:\/\/techcrunch.com\/wp-content\/uploads\/2024\/03\/53562059680_0ebc49f9b5_k.jpg?resize=1200,800 1200w, https:\/\/techcrunch.com\/wp-content\/uploads\/2024\/03\/53562059680_0ebc49f9b5_k.jpg?resize=50,33 50w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><\/p>\n<p id=\"caption-attachment-2673544\" class=\"wp-caption-text\"><strong>Image Credits:<\/strong> TechCrunch<\/p>\n<\/div>\n<p>\u201cI\u2019m not delusional, to think that we\u2019re not a startup. We are a startup,\u201d he said. \u201cI mean, the first lesson I ever learned from Y Combinator two years ago is that 99% of startups will die. If your mentality as an entrepreneur is, \u2018Oh, I have a genius idea, and I can guarantee this will work, no matter what all these Big Tech companies try \u2026\u2019 I mean, you\u2019re delusional. There is no such thing like that. The reality is a startup is a survival game, and you better spend your time focusing on your own stuff.\u201d<\/p>\n<p>\u201cThey\u2019re gonna do what they\u2019re gonna do, and I\u2019m gonna do what I\u2019m gonna do, right? There\u2019s gotta be some founders, when they heard Apple is doing Apple Cars, they stopped, right? They just canceled. Now what? I think it\u2019s good to have this level of competition that\u2019s only going to help us grow faster, or die faster, which is the nature of startups. It\u2019s either or \u2014 I don\u2019t know yet. But I\u2019m trying my best \u2014 like I said, it\u2019s a survival game.\u201d<\/p>\n<p>You can watch the full panel below.<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/techcrunch.com\/2024\/03\/01\/rabbits-jesse-lyu-on-the-nature-of-startups-grow-faster-or-die-faster-just-dont-give-up\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rabbit co-founder and CEO Jesse Lyu isn\u2019t afraid of death \u2026 the death of the company, at least. He told TechCrunch that the company is a startup whose fortunes may be swayed by the whims of multibillion-dollar rivals \u2014 but that\u2019s no reason to give up and go home. Appearing onstage at StrictlyVC LA, Lyu [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":79695,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":{"0":"post-79694","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tech"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/79694","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=79694"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/79694\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/79695"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=79694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=79694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=79694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}