Uber CEO on AI, Autonomous Vehicles, and the Future of Transportation

Uber CEO on AI, Autonomous Vehicles, and the Future of Transportation Uber CEO on AI, Autonomous Vehicles, and the Future of Transportation Dara Khosrowshahi, CEO of Uber, joins Invest Like the Best to discuss Uber’s next chapter: the rise of AI, autonomous vehicles, robotaxis, drones, delivery, and the company’s ambition to become the demand aggregator for the physical world. He explains why Uber is a supply-led marketplace, how the company is partnering across the AV ecosystem, what AI is already changing inside Uber, and why he believes autonomous transportation could unlock another trillion-dollar market. Dara also shares lessons from rebuilding Uber through chaos, leading with transparency, learning from Barry Diller and Reed Hastings, and staying open to the “troublemakers” who help companies evolve. TIMESTAMPS 0:00 Intro 3:44 Bringing Order to Uber’s Chaos 7:22 Managing Stress, Immigrant Drive, and Going All In 14:28 Why Uber Is at the Center of AI and the Physical World 22:39 How Uber Plans to Win in Autonomous Vehicles 32:25 The Trillion-Dollar AV Opportunity 37:05 Drones, Robotaxis, and Global Adoption 38:20 Uber Eats, Uber One, and Aggregating Supply 47:00 Hotels, Travel, Marketing, and the Future of the Uber App 55:55 Lessons from Barry Diller, Capital Allocation, and Leadership #Uber #DaraKhosrowshahi #InvestLikeTheBest #AutonomousVehicles #Robotaxis #ArtificialIntelligence #FutureOfTransportation #UberEats #BusinessStrategy #TechnologyInvesting Presented by Ramp: https://ramp.com/invest Sponsored by Vanta, WorkOS, Rogo, and Ridgeline: https://www.vanta.com/invest https://workos.com/ https://rogo.ai/invest https://www.ridgelineapps.com/ ****** Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc something an HBS seminar on a leader president, COO, you know, kind of calls me a robot. Uh, which is I don't along with his family an incredible disservice long term, whereas short term opposite. RAMP understands that no one that Shopify runs on RAM, Stripe runs on RAM, and my business does, too. To see common. They all use work OS. And here's capabilities like SSO, skim, arbback, and audit logs. That's where work OS work OS APIs to gain all of them on day OS. Work OS is the fastest way to become real outputs the way the best people do. all comes from the fact that ROGO is entrance are fascinating. ABS we'll talk longer than most companies out there. AI native company or ML native company think about the trade-off between it >> So these are we are not a high margin riders, to give more earnings to our aggregator, you know, top slot in AV Uber, everything is upside down. One of demand will take care of itself. in AV pony AIS of the world you know just like AV. And as a result, we want to be your fleets and AV fleets. Uh we're working per day in terms of revenue per vehicle most so far about the product of ABS? build partner buy decision that I'm sure people are always going to buy for huge general right now with ABS partnership Right? If you think about OTAAS, these the same will be true of ABS, right? whose earnings may get affected. Now, uh basically every AV provider whether it's position to make sure that we are the largest amalgamator of AV supply just aggregator winner of ABS, what does that marketplace. We think that over a long period of time as we see the cost of AV the same potential with with AV, both in which is cool but the downside of that talking to are now seeing that L4 in L4 ready systems. So, I think you'll >> So the efficiency and efficacy of one AV longer in a New York it's going to take longer in a Boston uh for example and position more often and I'm curious what upsell the mobility customer the position and at the same time have higher margins than our competitors, and feel like? I bought an ebike and started are on our platform much longer than the know, like P95 bug is happen to consumer. A P95 bug is happening every in programming and the cost of selling a the UK and Spain and we saw kind of the this. Originally, I had the hypothesis upsell to you, Company working on the LBO model for Paramount. I was building out the LBO, didn't want to talk to the MD or the VP what's that 20%. What's what's that P95 go shadow CEOs of companies for long this incentive for people to get along. done big buybacks. You've authorized really big buybacks before. Yeah. Which Like how do you weigh the trade-off between old school stuff like buybacks revenue and good things happen over a long period of time. And I think for me long-term benefit, are growing slower than your revenue. Duh. And when it realities of AV whether it's investments commits to tens of thousands of AV cash left over for buybacks, but I innovation over buybacks. Uh if you're watching. Ramp puts guardrails on your process and producing real outputs. OS to become enterprise ready overnight,

Uber CEO on AI, Autonomous Vehicles, and the Future of Transportation Uber CEO on AI, Autonomous Vehicles, and the Future of Transportation Dara Khosrowshahi, CEO of Uber, joins Invest Like the Best to discuss Uber’s next chapter: the rise of AI, autonomous vehicles, robotaxis, drones, delivery, and the company’s ambition to become the demand aggregator for the physical world. He explains why Uber is a supply-led marketplace, how the company is partnering across the AV ecosystem, what AI is already changing inside Uber, and why he believes autonomous transportation could unlock another trillion-dollar market. Dara also shares lessons from rebuilding Uber through chaos, leading with transparency, learning from Barry Diller and Reed Hastings, and staying open to the “troublemakers” who help companies evolve. TIMESTAMPS 0:00 Intro 3:44 Bringing Order to Uber’s Chaos 7:22 Managing Stress, Immigrant Drive, and Going All In 14:28 Why Uber Is at the Center of AI and the Physical World 22:39 How Uber Plans to Win in Autonomous Vehicles 32:25 The Trillion-Dollar AV Opportunity 37:05 Drones, Robotaxis, and Global Adoption 38:20 Uber Eats, Uber One, and Aggregating Supply 47:00 Hotels, Travel, Marketing, and the Future of the Uber App 55:55 Lessons from Barry Diller, Capital Allocation, and Leadership #Uber #DaraKhosrowshahi #InvestLikeTheBest #AutonomousVehicles #Robotaxis #ArtificialIntelligence #FutureOfTransportation #UberEats #BusinessStrategy #TechnologyInvesting Presented by Ramp: https://ramp.com/invest Sponsored by Vanta, WorkOS, Rogo, and Ridgeline: https://www.vanta.com/invest https://workos.com/ https://rogo.ai/invest https://www.ridgelineapps.com/ ****** Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc something an HBS seminar on a leader president, COO, you know, kind of calls me a robot. Uh, which is I don't along with his family an incredible disservice long term, whereas short term opposite. RAMP understands that no one that Shopify runs on RAM, Stripe runs on RAM, and my business does, too. To see common. They all use work OS. And here's capabilities like SSO, skim, arbback, and audit logs. That's where work OS work OS APIs to gain all of them on day OS. Work OS is the fastest way to become real outputs the way the best people do. all comes from the fact that ROGO is entrance are fascinating. ABS we'll talk longer than most companies out there. AI native company or ML native company think about the trade-off between it >> So these are we are not a high margin riders, to give more earnings to our aggregator, you know, top slot in AV Uber, everything is upside down. One of demand will take care of itself. in AV pony AIS of the world you know just like AV. And as a result, we want to be your fleets and AV fleets. Uh we're working per day in terms of revenue per vehicle most so far about the product of ABS? build partner buy decision that I'm sure people are always going to buy for huge general right now with ABS partnership Right? If you think about OTAAS, these the same will be true of ABS, right? whose earnings may get affected. Now, uh basically every AV provider whether it's position to make sure that we are the largest amalgamator of AV supply just aggregator winner of ABS, what does that marketplace. We think that over a long period of time as we see the cost of AV the same potential with with AV, both in which is cool but the downside of that talking to are now seeing that L4 in L4 ready systems. So, I think you'll >> So the efficiency and efficacy of one AV longer in a New York it's going to take longer in a Boston uh for example and position more often and I'm curious what upsell the mobility customer the position and at the same time have higher margins than our competitors, and feel like? I bought an ebike and started are on our platform much longer than the know, like P95 bug is happen to consumer. A P95 bug is happening every in programming and the cost of selling a the UK and Spain and we saw kind of the this. Originally, I had the hypothesis upsell to you, Company working on the LBO model for Paramount. I was building out the LBO, didn't want to talk to the MD or the VP what's that 20%. What's what's that P95 go shadow CEOs of companies for long this incentive for people to get along. done big buybacks. You've authorized really big buybacks before. Yeah. Which Like how do you weigh the trade-off between old school stuff like buybacks revenue and good things happen over a long period of time. And I think for me long-term benefit, are growing slower than your revenue. Duh. And when it realities of AV whether it's investments commits to tens of thousands of AV cash left over for buybacks, but I innovation over buybacks. Uh if you're watching. Ramp puts guardrails on your process and producing real outputs. OS to become enterprise ready overnight,

Podcast-style discussion arguing the AI boom is early in its S-curve, with “code” as an initial killer app, major implications for software economics, and a “hardware renaissance” (compute/networking/semis). Mentions Whale Rock conviction-building and Anthropic (private) as an example, but provides few concrete company-specific catalysts in the text provided.

Uber CEO on AI, Autonomous Vehicles, and the Future of Transportation Dara Khosrowshahi, CEO of Uber, joins Invest Like the Best to discuss Uber’s next chapter: the rise of AI, autonomous vehicles, robotaxis, drones, delivery, and the company’s ambition to become the demand aggregator for the physical world. He explains why Uber is a supply-led marketplace, how the company is partnering across the AV ecosystem, what AI is already changing inside Uber, and why he believes autonomous transportation could unlock another trillion-dollar market. Dara also shares lessons from rebuilding Uber through chaos, leading with transparency, learning from Barry Diller and Reed Hastings, and staying open to the “troublemakers” who help companies evolve. TIMESTAMPS 0:00 Intro 3:44 Bringing Order to Uber’s Chaos 7:22 Managing Stress, Immigrant Drive, and Going All In 14:28 Why Uber Is at the Center of AI and the Physical World 22:39 How Uber Plans to Win in Autonomous Vehicles 32:25 The Trillion-Dollar AV Opportunity 37:05 Drones, Robotaxis, and Global Adoption 38:20 Uber Eats, Uber One, and Aggregating Supply 47:00 Hotels, Travel, Marketing, and the Future of the Uber App 55:55 Lessons from Barry D

Podcast description of Dan Loeb (Third Point) discussing his evolution from event-driven credit to broader thematic investing, with emphasis on AI, semiconductors, energy, corporate governance/activism, lessons from FTX, admiration for Danaher’s operating system, and use of reinsurance as a growth lever. The source is high-level and light on specific, time-bound trade catalysts; actionable exposure is mostly thematic (AI/semis/energy/quality operators) rather than single-name event setups.

The provided source contains only a title and repeated body text with no substantive details, data, or claims about Iran, China, AI warfare, policies, companies, contracts, sanctions, or timelines. As a result, it is not actionable for market or ticker-level trading inference.

Podcast summary about AI infrastructure boom focused on the binding constraints of compute buildout (“watts and wafers”), with discussion of TSMC’s manufacturing dominance, hyperscaler competition (Google/Meta/Amazon/Microsoft), chip design landscape, weak/uncertain AI application-layer economics, and longer-run AI impacts (biotech) plus geopolitical/AGI risk. Tradable implications are mostly second-order (capex cycle beneficiaries, power/semicap supply chain, hyperscaler relative winners).