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0.000206469373709574 -0.000412938747419148 -0.00116999311768765 -0.00206469373709574 -0.00247763248451489 -0.00344115622849277 0.00137646249139703 -0.000408809359945016
Stock impact report

Uber's CEO says other executives are lying about AI [Yahoo! Finance]

Uber Technologies, Inc. (UBER) 
Last uber technologies, inc. earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
They mention productivity. They invoke history. Uber CEO Dara Khosrowshahi is not doing any of that. In a recent interview on The Diary of a CEO with Steven Bartlett, Khosrowshahi said he has heard executives privately admit the true scale of AI disruption. Then he watched those same people go on television and tell audiences everything will work out fine. "I understand the incentive," he said. Being honest about job displacement spooks investors and dries up fundraising. So most leaders stay quiet. He decided not to. The result was one of the most candid conversations a major tech CEO has had about AI in public. His own numbers are stark. Khosrowshahi estimates AI will eventually replace the work that 70% to 80% of humans do. Knowledge and intellectual jobs within a decade. Physical roles like driving and logistics within 15 to 20 years. "Ten years is not a lot of time for society to adjust," he said. What Khosrowshahi said his company faces He did not exempt Uber from the Show less Read more
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