When Model Companies Build Phones: Architectural Pitfalls Behind AI-Native Narratives

When a large model company believes they can define an "AI-native phone" from scratch, should we be excited about innovation or worried about structural misalignment? StepFun released STEPX Neo, attempting to skip hardware accumulation and directly use model capabilities as the core competitiveness of the phone. This strategy sounds sexy, but from the perspective of a solutions architect, there's much more to dissect than just the launch event PPT.