Andrew Kang

@Robostrategy Not investment advice

[Andrew Kang @Rewkang]

RoboStrategy published our first Shareholder Letter, and in it we discuss our outlook on Robotics industry.

While we've already reached the GPT-3 era, there won't be a ChatGPT moment. The adoption curve will be somewhere between AI chatbots and autonomous vehicles. There will be no single day where it clicks for the global consciousness, but nonetheless a rapid permeation of new autonomous machines of all shapes and sizes. Physical AI is already getting really good for a variety of use cases, but we can't instantly supply millions of robots to customers like we can with AI instances. By next year, intelligence will no longer be the bottleneck, it will be the actual robots.

https://t.co/ZqzJwj81nc

[Andrew Kang @Rewkang]

We are hiring top talent from research to marketing to distribution to more

https://t.co/seKpgLzo7d

[Andrew Kang @Rewkang]

https://t.co/TmYbJpDW3W

[Brett Adcock @adcock_brett]

Figure held an all-hands this week, and I've decided to share it here publicly

Given our rate of progress, our roadmap has completely changed over the last year, and the team has doubled

It's important to get everyone aligned on our mission going forward

[Andrew Kang @Rewkang]

Collecting data for @DynaRobotics

[Andrew Kang @Rewkang]

Proprietary robot data capture event

[RoboStrategy @RoboStrategy]

The first AI robot to ring the bell on Nasdaq

[RoboStrategy @RoboStrategy]

Evan Beard of @standardbots on where robotics is today:

“Robots are in their infancy. It’s like the 1973 equivalent for the computer industry.”

With millions of use cases coming, their answer is an AI platform:

“We’re building a platform, not just robots, but the whole software ecosystem. That’s what we’ve tried to do from the beginning, to be that common layer across all these different use cases.”

[Andrew Kang @Rewkang]

Just realizing that robots might develop their own caste systems

[RoboStrategy @RoboStrategy]

Standard Bots CEO @evanbeard breaks down their new AI platform and how it could revolutionize American manufacturing.

"This allows you to essentially vibe code your robot"

Full interview:
0:00 Intro
6:39 Vibe coding robots
8:19 Locate vision system
11:52 400+ customers
13:58 Origin story
16:08 Where are the competitors?
18:56 Vertical integration is key
22:29 Why robot arms over humanoids
27:04 Robots vs the car industry
29:23 The thing to fear as a builder
31:31 America vs China
34:21 Congress and FCC robot ban
38:31 99% of US arms made abroad
42:31 Building everything inhouse
44:47 The plan to win
47:10 Targeting 10% of US installs
49:22 How the next decade will look like

[Andrew Kang @Rewkang]

I love humanoids but it’s awesome to see the step change evolution of the robot arm from essentially a 1970s PC to something you can now vibe code

Programmable robots -> instructable robots

[Standard Bots @standardbots]

"If you have an iPad, you can vibe code robots. And potentially save your company millions of dollars while you’re at it."

@Forbes robotics reporter @johnkoetsier interviewed @evanbeard for an exclusive on the launch of Standard Bots AI.

Read the story here: https://t.co/RgmKEutpNo

[Andrew Kang @Rewkang]

Robotics research output is accelerating

More accessible and cheaper hardware, tooling, talent and capital waves, better general purpose models are all major contributors here

[Andrew Kang @Rewkang]

@danprimack @RoboStrategy is hiring for a head of People and Talent. If you worked in that group or know people that have worked there, please reach out

[Andrew Kang @Rewkang]

Elon has said that the public capital markets is around 100x larger than the private capital markets

MSTR was proved that pools of public equity capital had massive interest in companies providing exposure to inaccessible assets. MSTR's largest shareholder is Capital Group, whose mutual funds own ~10% of MSTR's basic shares - around $6 Billion. Capital Group manages ~$3.6 Trillion. Mutual funds collectively manage around ~$30 Trillion and this is not even the only pool of capital in the public equity markets that don't have access to private AI/robotics companies.

[Andrew Kang @Rewkang]

@VentureCoinist Very early

[Andrew Kang @Rewkang]

RoboStrategy going public is just the start of our journey to establish a new model for Venture Capital

REITs broke out in the ‘90s, ETFs in the ‘00s and the era of public VC is next, starting with the companies building the future of the physical world

[Andrew Kang @Rewkang]

@justlookinMT https://t.co/4Ftdmn62kF

[Andrew Kang @Rewkang]

@stree7er Talks not live streamed but will be posted later

[Andrew Kang @Rewkang]

We are hiring for top talent from research to distribution to marketing to more:

https://t.co/seKpgLyQhF

[Andrew Kang @Rewkang]

@cixliv @RoboStrategy Thanks Cix

[Andrew Kang @Rewkang]

@anildelphi @VentureCoinist Cooking

[Andrew Kang @Rewkang]

@CryptoMemeRaj You know that model developers control what computing hardware the models are optimized for and run on right?

[Andrew Kang @Rewkang]

Dominance of closed source models is an existential threat to Nvidia

Jensen has been clear since earlier this year that strong open source models are essential

It’s game theoretically optimal for Nvidia to build frontier open source models optimized for its own hardware

[Dwarkesh Patel @dwarkesh_sp]

The Jensen Huang episode.

0:00:00 – Is Nvidia’s biggest moat its grip on scarce supply chains?
0:16:25 – Will TPUs break Nvidia’s hold on AI compute?
0:41:06 – Why doesn’t Nvidia become a hyperscaler?
0:57:36 – Should we be selling AI chips to China?
1:35:06 – Why doesn’t Nvidia make multiple different chip architectures?

Look up Dwarkesh Podcast on YouTube, Apple Podcasts, Spotify, etc. Enjoy!