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Featured Uber CEO to drivers: “Do your math”—We’ll actually need more drivers in 10 years

Discussion in 'News' started by SLuz, Nov 10, 2017.

  1. SLuz

    SLuz Member

    Location:
    LA
    They lose $3 billion in a year and driver's need to do math?:eek:

    >>11.09.17
    Uber CEO to drivers: “Do your math”—We’ll actually need more drivers in 10 years


    With Uber’s autonomous-car ambitions barreling full-steam ahead, it’s understandable that drivers who work for the company would feel anxious about their futures. But Dara Khosrowshahi, Uber’s newly installed chief executive, is here to allay those fears—or at least try to.

    “Ten years from now, are we going to have more drivers than we have today? I absolutely think so,” Khosrowshahi said today at the New York Times DealBook Conference.

    That may sound counterintuitive for a company obsessed with self-driving technology, but Khosrowshahi insists the math holds up. How? Because Uber’s growth will offset the effects of automation, he says, at least for the near future. In 10 years, Khosrowshahi estimates that 70% or 80% of Uber rides will be autonomous, which means that at least 20% or 30% of rides will still require drivers. But because Uber’s network will likely be 10 or 20 times larger than it is today, that 20% or 30% will require a larger pool of drivers.

    Of course, this formula doesn’t take into account that Uber is only one company, and that the effects of automation are likely to be felt far and wide across numerous industries that require drivers today. Economists have been working overtime to try to predict how this profound shift will impact labor demand, but it’s safe to say that the consequences—intended and unintended—will be significant.

    Khosrowshahi was responding to a question from Times financial columnist Andrew Ross Sorkin, who asked what the Uber chief would say to a driver who is worried about becoming obsolete.

    “I would tell a driver, do your math,” Khosrowshahi responded, before making his case for why the demand for drivers will increase.

    Take it with a grain of salt, though. In that same interview, Khosrowshahi also attempted to deflect Uber’s wide-ranging labor disputes by claiming that drivers actually “don’t want to be employees.”CZ<<

    https://www.fastcompany.com/4049402...h-well-actually-need-more-drivers-in-10-years
     
  2. ABC123DEF

    ABC123DEF Well-Known Member

    Location:
    Southeastern USA
    Driving:
    UberX
    Pffffft!
     
  3. Merc7186

    Merc7186 Well-Known Member

    Location:
    Buffalo NY
    Driving:
    UberXL
    In ten years from now, I will likely give Uber 20% or 30% less care of their idiotic math than I do today.
     
  4. Disgusted Driver

    Disgusted Driver Well-Known Member

    Location:
    Raleigh
    Driving:
    UberSELECT
    they don't cares about their drivers now, why would they care in 10 years?
     
  5. CarterPeerless

    CarterPeerless Well-Known Member

    Location:
    Phoenix
    Driving:
    UberXL
    So if you assume they are doing 5 million rides per day (older stat - probably higher now). In 10 years, they expect their volume serviced only by autonomous vehicles to be between 35 million and 80 million rides per day. Let's say 50 million per day. In a best case scenario, a single autonomous vehicle will carry 50 rides per day (allowing for demand fluctuation, cleaning, refueling, etc). So they intend to have a 1 million autonomous vehicles in the field in 10 years. If you assume that they could get the price of a vehicle down to $100k per unit, the cost to field 1 million volvo's is $100 billion, just for the hardware.

    From a company that hasn't turned a profit. Using vehicles that are bested by an apartment gate.

    I think someone should be checking his own math to see if such an expectation is reasonable.
     

  6. Rakos

    Rakos Well-Known Member

    Location:
    Tampa Bay
    Driving:
    UberXL
    In ten years this little old monkey...

    Will be in my 70s...

    I hope to God...

    That I'm not still driving Uber...8>)

    Rakos
    s-l300-2.jpg
     
  7. SEAL Team 5

    SEAL Team 5 Well-Known Member

    Location:
    Phoenix
    Driving:
    Livery
    Uber drivers do your math. That's the funniest thread title I've ever seen in UP.net. The deductive reasoning of the average Uber driver already is "lower rates = more money". So I guess "more drivers = more fares" isn't too much of a stretch.
     
  8. ABC123DEF

    ABC123DEF Well-Known Member

    Location:
    Southeastern USA
    Driving:
    UberX
    Surely, none of us will still be doing this in 10 years. They'll have a new generation of suckers by then...if the whole thing hasn't collapsed into a distant memory.
     
    X-X_Driver, TheFixer1, wicked and 5 others like this.
  9. Rakos

    Rakos Well-Known Member

    Location:
    Tampa Bay
    Driving:
    UberXL
    You remember when...

    The Uber mantra was...

    Lower fares means more riders...

    Did you buy it...

    I sure didn't...

    Rakos
     
  10. Disgusted Driver

    Disgusted Driver Well-Known Member

    Location:
    Raleigh
    Driving:
    UberSELECT
    Yeah but you're the guy who thinks planet of the apes is a porn flick.
     
  11. FormerTaxiDriver

    FormerTaxiDriver Active Member

    Location:
    Chattanooga
    If people would stop buying cars, then a better retirement we shall see.
     
  12. Irishjohn831

    Irishjohn831 Well-Known Member

    Location:
    New Rochelle, NY
    Autonomous cars are not happening without someone b hind the wheel as a default.

    No computer can compute and decipher an emergency situation like our brains.

    There is no fight or flight with computers and those cars will crash left and right.

    Only way they would ever work is if every car on road was autonomous.

    Science has already study the cause and effect, even engineer behind wheeel doesn’t have split second reflex action in emergency.

    Keep hyping cares for your IPO that will never happen
     
  13. Blatherskite

    Blatherskite Active Member

    Location:
    Plateau of Leng
    Against my better judgement that asked "who in their right mind would take this CEO job?" I had fancied Dara to be smart. Now I'm inclined to judge him as simply cunning.
     
    Enoch Shadkam, MoreTips and Rakos like this.
  14. Monkchoi

    Monkchoi Active Member

    Location:
    Dallas, TX
    In a nutshell, in 10 yrs I’ll be flipping the finger to a majority of autonomous cars during a road rage? Kinda takes the rage out of road rage.
     
    ShinyAndChrome, MoreTips and Rakos like this.
  15. itsablackmarket

    itsablackmarket Well-Known Member

    What an incredibly dumb thing to say. Why should anyone take Uber's projections seriously? They've failed at everything they've attempted.
    The math I'm doing tells me the new CEO is 100% delusional, or a liar, probably both. He's not even smart enough to know that drivers don't trust a word Uber utters. He's clueless.
     
  16. Blatherskite

    Blatherskite Active Member

    Location:
    Plateau of Leng
    Uber drivers to CEO: "Do your worst" --You may actually wish you had drivers 10 years from now.
     
  17. jaystonepk

    jaystonepk Member

    Location:
    Buffalo, NY
    Driving:
    UberXL
    If autonomous vehicles have to follow the same atrocious partner GPS it'll be 1-2 weeks before Uber pax abandon the whole system and just start walking everywhere.
     
    Last edited: Nov 13, 2017
  18. tomatopaste

    tomatopaste Well-Known Member

    Location:
    the west
    This might be the only hope for you. Worth a try. https://i.imgur.com/Ofo8Te7.gif

    Nvidia computer chip can do 24 trillion calculations per second. You sound like you forget to turn your lights on.
     
    Uber's Guber and SuperStar3000 like this.
  19. Another Uber Driver

    Another Uber Driver Moderator Moderator

    Location:
    See avatar
    Driving:
    UberTAXI

    Uber has lied in the past. Nothing will stop it from lying in the present or the future.
     
  20. Beepbeep41

    Beepbeep41 Well-Known Member

    Location:
    Brisbane
    Driving:
    UberX
    Uber has never owned a vehicle, why would they want to own vehicles in the future?
     

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