Bloomberg Technology
Uber Reclassifies U.K. Drivers as Workers
Mar.16 — Uber announced the company will be reclassifying all 70,000 of its U.K. drivers as workers this week allowing them to have benefits such as minimum wage, paid vacation time, and a pension. Bloomberg’s Priya Anand reports on “Bloomberg Technology.”
Bloomberg Technology
SpaceX May Buy Data From Failed Startups for AI Models
Elon Musk’s SpaceX has held internal discussions about buying customer and operational information from troubled or defunct startups, according to people familiar with the matter. That data could help improve its artificial intelligence models. Ed Ludlow reports. ——– Like this video? Subscribe to Bloomberg Tech on YouTube: Watch the latest full episodes of “Bloomberg Tech”…
Bloomberg Technology
AI Wealth Boom Leaves Out Silicon Valley’s Jobless Tech Workers
As the global AI debate heats up, another major AI-related discussion is roiling the US tech capital: Who is reaping the financial benefits of the AI boom, and who is missing out? As the coming IPOs of Anthropic and OpenAI are set to bring wealth to San Francisco, a recent gathering of laid-off workers highlight…
Bloomberg Technology
The Case for AI Guardrails Without a Slowdown
AI is helping companies build faster, but as competition at the frontier intensifies, should there be limits on how much risk companies can take to stay ahead? Karen McCormick, chief investment officer at Beringea, argues the answer isn’t slowing innovation, but establishing common guardrails around testing, cybersecurity, and incident reporting. She joins Ed Ludlow on…
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RcStan Stanley
March 16, 2021 at 10:33 pm
California law solved this problem for workers. But intense campaigning with 10 to 1 spending allowed Uber to overwhelm the driver’s wishes.
Fondue Bear
March 17, 2021 at 12:22 am
Good job. Gig workers take bigger hits than say Uber, postmates, Lyft, doordash etc. Breaking it down, 1 person got rich while the vast (drivers) stayed poor.
Everytime they talk about pay: 17an hour…haha…that does not factor in any costs associated: gas, maintenance, car, car insurance, health insurance, phone, phone plan, taxes fica, SSI, medicaid..etc.
Dustin Montgomery
March 17, 2021 at 12:53 am
Uber is meant to be a secondary form of income, not a main job. I hope Uber in the UK goes out of business
Dustin Montgomery
March 17, 2021 at 12:51 am
No body should even consider working for Uber or other similar companies as employees.
It should be a pure contractor type employment.
All your doing is making the barrier of entry much harder for those who just want to do it a couple hours a week.
Plus the entire system is designed that way. Your going against the wind here. Forever and ever.