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fortune.comTuesday, February 24, 20264 min read

Curated and analyzed by the JobGoneToAI team. Original reporting by fortune.com.

Uber CEO Warns of Job Displacement as Autonomous Rides Gain Traction

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Uber CEO predicts most rides could be robot-operated within 20 years | Fortune

— fortune.com

Key Takeaway

Uber's CEO predicts that the majority of rides could be fulfilled by autonomous vehicles within 15 to 20 years, raising concerns about job displacement for millions of drivers. The company is exploring ways to diversify work for contractors as AI continues to evolve.

From the Original Report

After its 2009 launch, Uber spread like wildfire across the U.S., revolutionizing the gig economy with its app-based model that connects consumers to independent contractors who use their own cars and set their own schedules. That approach has since attracted more than 9.5 million Uber contractors worldwide.

Recommended Video But in cities like San Francisco, Los Angeles, Phoenix, and Atlanta, customers are increasingly turning to autonomous vehicles to get around town, with some even sending their teens to school in them. What once felt like science fiction has now become everyday reality across parts of the U.S.

as Alphabet-backed Waymo, Tesla , and Amazon-backed Zoox expand the burgeoning market. As robotaxis continue to gain traction, they’re putting increasing pressure on the millions of drivers who rely on the ride-share economy for income.

“You can imagine the majority of our trips being fulfilled by robots of some kind,” Uber CEO Dara Khosrowshahi said in a recent interview on The Diary of a CEO podcast. “Probably not 10 years from now, but you go 15 to 20 years from now, you’re going to start getting there.” Business leaders have sounded the alarm on AI’s ability to replace a

This is an excerpt. Read the full article at fortune.com.

Original Source

Read original reporting at fortune.com

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