Rabbit CEO Jesse Lyu isn't thinking too far ahead
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Hello and welcome to Decoder. I'm Nilay Patel, editor-in-chief of The Verge, and Decoder is my show about big ideas and other problems. Today I'm talking to Jesse Liu, the founder and CEO of Rabbit. It's a startup company that makes the adorable R1 AI gadget. It's a little handheld designed by superstar design firm Teenage Engineering. It's meant to be how you talk to Rabbit's AI agent. which then goes off onto the internet and does things for you, from playing music on Spotify to ordering an Uber and even buying things from Amazon. Rabbit launched with a lot of hype at CES and then a big party in New York, but early reviews of the R1 device itself were universally bad. Our own David Pearce gave it a three out of 10 back in May, saying most of the features don't work or don't even exist. And the core feature that didn't seem to exist was the most important of all, Rabbit's Large Action Model, or LAM, which is meant to allow the system to open a web browser in the cloud and browse for you.
The LAM is supposed to intelligently understand what it's looking at on those websites, and then literally click around to accomplish tasks on your behalf. There have been a lot of questions over the past 10 months about just how real Rabbit Slam was, but the day before Jesse and I spoke, the company launched what it calls LAM Playgrounds, which lets people actually use a bare-bones version of the system. And it does indeed appear to be clicking around on the web, although it is obviously very early and it is very slow. So I wanted to know how Jesse planned to invest in the LAM and compete with all the other AI agents being announced that also promise to do things for you. For example, Microsoft just announced a new agent-y version of Copilot, and Apple's vision for the next generation of Siri is an AI agent, one that will run on the phone that you already have and have direct access to your phone apps and the data inside them. It's the same with Google and Android and Gemini, and even Amazon's rumored next generation of Alexa.
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