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The Logan Bartlett Show
EP 113: Dara Khosrowshahi (CEO, Uber) Lays Out the Path to Autonomous Vehicles
Aug 9, 2024
Dara Khosrowshahi, the CEO of Uber and a leader in transforming the company to profitability since 2017, shares insights into autonomous vehicles and consumer behavior shifts. He discusses overcoming challenges in AV strategy, emphasizing the societal importance of safety and user preferences. Dara also reflects on Uber's cultural reset, evolving company values, and the significance of operational efficiency. He highlights innovative adaptations in global markets and the vital role of transparent leadership in fostering trust and driving performance.
01:09:15
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Quick takeaways
- Dara Khosrowshahi discusses Uber's resilience in consumer spending, noting a robust 21% growth rate driven by young urban users post-COVID.
- The podcast highlights the societal challenges of accepting autonomous vehicles, as they need to demonstrate significantly higher safety than human drivers.
Deep dives
Economic Outlook and Consumer Behavior
The discussion reveals that Uber's CEO observes a strong resilience in consumer spending in the services sector, despite recession fears. After reporting earnings with a significant uptick in gross bookings, he notes that the growth rate remains robust at 21%. This trend is particularly apparent as spending on personal services outpaces retail spending, suggesting a shift in consumer behavior post-COVID. Additionally, the demographic profile of Uber users, primarily urban and younger with higher incomes, appears to be contributing positively to this upward trend.
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