00:00us now in studio we just showed some some video of of memo uh you weren't able to bring memo
00:05with
00:06you it's it's quite quite big and quite heavy uh but it's it's an interesting use case uh
00:13what are you going to use the funding for i guess in the first instance to kind of accelerate this
00:17testing program so that i can have one in my home or anyone watching global tech right now can say
00:21all right i'll get one of those yeah 100 i think the beta program is a really great way for
00:26us to
00:27both kind of exercise our muscle of deploying these robots into real people's homes which is
00:33the first time these general purpose robots are deployed to like real homes as well as deepening
00:38the research focus that we have internally i actually have my family in town and they're here
00:42to watch the show today and they know full well that you know in the living room is the laundry
00:46and it's not folded because of the difficulty in training me to do it what is the technical challenge
00:53on the hardware side but also software side dexterity to get the robot to fold laundry
00:59yeah yeah i think the breakthrough is really about the ai that is behind it you think about gen ai
01:04as
01:04an ai that generates images and text but we use it to generate actions uh i think the one of
01:11the most
01:11important part is how we gather the data to train this really powerful ai and um what we do is
01:17we develop
01:18this glove club memory gloves uh and essentially we give it to people so that they can do the laundry
01:24in their own homes and we capture that data to train our robots to do the same thing skill capture
01:31gloves so basically that's giving the data the underlying data so that the robot can learn this
01:36was sort of a breakthrough that you made in academia tony but i'm interested as to how the beta is
01:40going and
01:40how many people actually want them in their homes uh can you repeat the question sorry how many people
01:47are wanting to sign up to your beta program how many people actually want these robots in their homes
01:53yeah we have a huge wait list we have more than 3 000 people who spend like 30 minutes uh
01:58like filling
01:59up this whole sign-up form and we're actually in the process of selecting people who will be participating
02:04at this year it's all about getting robots in the wild now i'm interested tony as to we've been watching
02:12a lot of these videos basically on fast forward they're going at four times the speed than they actually
02:18do what do you think your biggest learning will be in the wild where do you think there will be
02:22issues
02:22where do you think they'll really overcome a lot of the concerns people have yeah i think the for us
02:29um
02:30we're actually not super worried about speed because uh essentially if your laundry if all your house
02:35works can be done by the robot it's essentially like you go to work and you come back to work
02:40after eight hours and all the work is done uh so the part that we're really these things is we
02:45do not
02:45actually need to train on data um that is uh collected from the robot because we have this whole fleet
02:52of memory developers so our interests and our users interests are almost perfectly aligned we want
02:57feedbacks we don't necessarily need uh the data from your homes bloomberg tech executive producer
03:02jackie lopez has come in with probably the most important question of the day which is will it come
03:06with the hat and why does memo have a hat uh for me probably a more important question particularly
03:13because it's not bipedal right um is what are you going to charge for it and how are you going
03:17to
03:17charge what's the model yeah i think the way we think about the robot we built is almost a perfect
03:22example of mvp which is a minimum viable product that we try to simplify we try to lower the cost
03:28so in the beginning when we sell it we're going to sell it for around 10k us dollar but just
03:33like
03:33personal computers just like phones it would get cheaper over time but it comes with the hat yes
03:38the hat is really interesting because uh we essentially imagine the world that the robots are
03:43everywhere the ubiquitous right and we really want to make eye contact with the robot and instead of
03:49putting a cameras inside the eyes of the robot we essentially hide it underneath the the hat so
03:55it looks a lot more natural you can make eye contact with it it's cute
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