Thursday, August 25, 2016

Uber offers drivers free retirement planning before robots eventually take their jobs | The Verge

Perhaps Uber drivers should max-out their IRA plans for the first few years...
"Uber is touting the new services as part of its ongoing effort to help its drivers save money and plan for the future. Meanwhile in the background, the company is waging a costly fight to keep drivers classified as independent contractors, arguing that it is a technology platform that connects drivers to riders, not an employer in the traditional sense. The class action lawsuit challenging that classification appeared headed toward a $100 million settlement, until last week when a judge rejected it as unfair and inadequate.
Uber’s efforts to speed up the adoption of self-driving technology throws another wrench in drivers’ long-term prospects. Previously, CEO Travis Kalanick had said the transition between human drivers and robotic ones would be a multi-decade process. But earlier this month, the company said around 100 self-driven Volvos (which for now would include a trained driver and engineer to monitor the process) would be picking up passengers in Pittsburgh within the next few weeks."
Uber offers drivers free retirement planning before robots eventually take their jobs | The Verge
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