Uber CEO says self-driving cars won’t replace human drivers in the near term

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Uber CEO Travis Kalanick says his company’s efforts to automate vehicles is an “existential” decision to be able to survive the next big shift in transportation. Yet when speaking at the Vanity Fair New Establishment Summit in San Francisco this evening, Kalanick says that the technology won’t eviscerate millions of jobs, as many economists and wary onlookers outside Silicon Valley fear. At least, not for a number of years.

“I think people misunderstand how this technology is going to rollout,” Kalanick said, responding to a question about Uber’s acquisition in August of self-driving trucking startup Otto. “It’s going to take a while before all those trucks are autonomous everywhere it needs to go.” Kalanick mentioned how a freight…

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