• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Gen Zers are arriving at college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates

2

'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their money

3

Trump stunned as stocks fall on great jobs report. Barclays explains why ‘we are entering the warning zone'

1

Gen Zers are arriving at college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates

2

'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their money

3

Trump stunned as stocks fall on great jobs report. Barclays explains why ‘we are entering the warning zone'
TechAI

Uber CEO says autonomous ride margins will take years to grow

By
Natalie Lung
Natalie Lung
,
Akshat Rathi
Akshat Rathi
, and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Natalie Lung
Natalie Lung
,
Akshat Rathi
Akshat Rathi
, and
Bloomberg
Bloomberg
Down Arrow Button Icon
October 10, 2024, 2:20 PM ET
Dara Khosrowshahi, chief executive officer of Uber Technologies Inc. in a deep navy blue sweater layered over a collared shirt. He is looking away from the camera, confidently.
Uber has been making a stronger pitch to investors on its vision of offering a mix of manned and unmanned vehicles.Jose Sarmento Matos/Bloomberg via Getty Images

Uber Technologies Inc. is prioritizing safety over profits as it develops its autonomous driving fleet.

Recommended Video

“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?’” said Chief Executive Officer Dara Khosrowshahi in an interview for an upcoming episode of Bloomberg Green’s Zero podcast.

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

Uber has been making a stronger pitch to investors on its vision of offering a mix of manned and unmanned vehicles, and has announced at least seven autonomous-vehicle-related partnerships and investments since June. These deals include teaming up with manufacturers such as Alphabet Inc.’s Waymo, General Motors Co.’s Cruise LLC, China’s WeRide Inc. and Austin-based Avride. Uber also said in August that it’s investing in SoftBank-backed UK self-driving software firm Wayve Technologies Ltd.

Later Thursday, Tesla Inc. is expected to unveil a highly anticipated robotaxi prototype, one that CEO Elon Musk envisions will ferry around paying passengers and let robotaxi owners make money when the cars aren’t in use. 

Khosrowshahi has sought to assuage Wall Street’s concerns that Tesla’s robotaxis may introduce stiff competition for the rideshare industry, highlighting that an autonomous future is not a “winner takes all” scenario. By opening up its platform to manufacturers to commercialize their driverless cars, Uber and its partners stand to benefit from an ability to reach more consumers, he has said.

“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,” he said in the interview.

About the Authors
By Natalie Lung
See full bioRight Arrow Button Icon
By Akshat Rathi
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Tech

gfhsg
AIAI agents
‘We may be flying blind’: AWS wants to fix the problem of AI agents straying off task
By Nick LichtenbergJune 8, 2026
4 hours ago
A trader works on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE) in New York, US, on Friday, June 5, 2026.
InvestingWall Street
The AI trade’s worst day in a year became a buying opportunity by Monday
By Eva RoytburgJune 8, 2026
4 hours ago
How retail investors can participate in the SpaceX IPO
InvestingSpaceX
How retail investors can participate in the SpaceX IPO
By Jason MaJune 8, 2026
5 hours ago
Jeff Bezos commits himself to make ‘three good decisions a day,’ inspired by Warren Buffett’s philosophy of making smart choices
SuccessJeff Bezos
Jeff Bezos commits himself to make ‘three good decisions a day,’ inspired by Warren Buffett’s philosophy of making smart choices
By Sydney LakeJune 8, 2026
5 hours ago
Inside Trump’s Oval Office deal machine
MagazineDonald Trump
Inside Trump’s Oval Office deal machine
By Alyson ShontellJune 8, 2026
6 hours ago
Spotify’s secret to winning the hiring war? Keep your talent moving and growing
EuropeSpotify
Spotify’s secret to winning the hiring war? Keep your talent moving and growing
By Francesca CassidyJune 8, 2026
7 hours ago

Most Popular

Gen Zers are arriving at college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates
Success
Gen Zers are arriving at college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates
By Preston ForeJune 7, 2026
1 day ago
'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their money
Economy
'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their money
By Nick LichtenbergJune 7, 2026
1 day ago
Trump stunned as stocks fall on great jobs report. Barclays explains why ‘we are entering the warning zone'
Big Tech
Trump stunned as stocks fall on great jobs report. Barclays explains why ‘we are entering the warning zone'
By Eva RoytburgJune 7, 2026
1 day ago
'We didn’t see this coming': Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO
Economy
'We didn’t see this coming': Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO
By Jim EdwardsJune 8, 2026
11 hours ago
SpaceX's IPO will also be a massive selling event triggering big price dislocations across the stock market as investors dump shares to buy SPCX
Investing
SpaceX's IPO will also be a massive selling event triggering big price dislocations across the stock market as investors dump shares to buy SPCX
By Jason MaJune 7, 2026
1 day ago
AI CEOs from OpenAI, Anthropic, and Microsoft set aside their rivalry to warn Congress AI is making it too easy to design and create bioweapons
AI
AI CEOs from OpenAI, Anthropic, and Microsoft set aside their rivalry to warn Congress AI is making it too easy to design and create bioweapons
By Marco Quiroz-GutierrezJune 5, 2026
4 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.