LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Half of Uber’s riders say no to self-driving cars – highlighting trust issues

Robert Frost by Robert Frost
October 10, 2024
in Industries
Half of Uber’s riders say no to self-driving cars – highlighting trust issues
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


Uber reports that half its riders in areas where it offers autonomous rides say “no, thank you” to the offer.

It highlights trust issues with self-driving technologies.

Uber was an early player in self-driving vehicles. it makes sense since the technology stands to disrupt its business more than any other.

You might also like

Why the catastrophe bond market is so hot right now

Oil slides over 4% as Trump signals Iran talks, easing supply shock fears

The Bronx will be breathing a little easier with new Volvo VNR Electric

However, its own effort didn’t go too well.

Now, Uber works with other companies, like Waymo, to deploy autonomous vehicles into its fleet in some markets.

In a new interview with Bloomberg, Uber Dara Khosrowshahi CEO says that only about half of the riders agree to be driven with

“The most important factor is, ‘Can we make this technology safe? Can we build trust for riders, for example, in markets where we offer autonomous, half of our riders say, no thank you?.”

While autonomous rides are technically already here thanks to Waymo, Khosrowshahi believes that there’s still a lot of work to be done.

He sees the next few years being focused on safety before moving to economics:

“Safety is job number one. We will then, I would say in the next three to seven years, start to focus on economics.” 

He added:

“While the margins on autonomous will be lower than non-autonomous in the early years, we think long-term, it can be great for business and it can be great for society.” 

Uber is betting on a mix of autonomous and non-autonomous rides for years to come as consumers build confidence in the self-driving system as the safety improves.

Electrek’s Take

Uber is playing some damage control here as Tesla CEO Elon Musk and his legions of fans have been pushing a “winner-take-all” mentality when it comes to self-driving. It has been putting pressure on Uber’s business.

With its autonomy event today, they believe Tesla is on the verge of deploying a self-driving system that will take over the transportation industry.

The reality is much more complicated.

Uber has actually great insight into the technology as it partnered with virtually every major player, including Waymo, GM’s Cruise, and China’s WeRide.

They are correct about the fact that there’s still a lot of convincing to be done for self-driving to become mainstream. Many people don’t believe it or don’t trust the technology to drive them around – and for good reasons, in some cases.

As for the economics, I think that’s where Tesla has an advantage over Waymo and other players with its technology having already been scaled into millions of vehicles. But there’s a big caveat: proving that it can actually work without supervision, which Tesla is still far from achieving.

FTC: We use income earning auto affiliate links. More.



Source link

Share30Tweet19
Previous Post

Morgan Stanley just met with Nvidia’s CEO and came away even more confident in its top pick

Next Post

Bruntwood SciTech snaps up the Pinnacle in Manchester | Property Week

Robert Frost

Robert Frost

Jutawantoto Jutawantoto Jutawantoto Jutawantoto Berita Terbaru Hari

Recommended For You

Why the catastrophe bond market is so hot right now
Industries

Why the catastrophe bond market is so hot right now

February 2, 2026
Oil slides over 4% as Trump signals Iran talks, easing supply shock fears
Industries

Oil slides over 4% as Trump signals Iran talks, easing supply shock fears

February 2, 2026
The Bronx will be breathing a little easier with new Volvo VNR Electric
Industries

The Bronx will be breathing a little easier with new Volvo VNR Electric

February 1, 2026
Act fast: all-new, all-electric 2027 BMW iX3 is almost all gone
Industries

Act fast: all-new, all-electric 2027 BMW iX3 is almost all gone

January 31, 2026
Next Post
Bruntwood SciTech snaps up the Pinnacle in Manchester | Property Week

Bruntwood SciTech snaps up the Pinnacle in Manchester | Property Week

Related News

Kiss lauds Dykes’ for seizing his chance with debut hat-trick for London Irish

Kiss lauds Dykes’ for seizing his chance with debut hat-trick for London Irish

January 29, 2023
Safe haven demand supports the dollar amid rising global tensions – London Business News | London Wallet

Safe haven demand supports the dollar amid rising global tensions – London Business News | London Wallet

October 2, 2024
Mt. Gox makes M BTC transfer to unmarked addresses

Mt. Gox makes $35M BTC transfer to unmarked addresses

November 1, 2024

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • jutawantoto
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?