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UBER TECHNOLOGIES, INC.

(UBER)
  Report
Real-time Estimate Cboe BZX  -  02:40 2022-09-28 pm EDT
27.76 USD   +0.67%
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What's Wrong With the Fourth Industrial Revolution

08/10/2022 | 02:07pm EDT

The "Fourth Industrial Revolution" is a term coined in 2016 by German economist Klaus Schwab. It's used to describe the technology revolution that the world is going through. But there is growing criticism, particularly in the global south, of how it's framed. Many are questioning whether it should be considered a revolution at all.

The Fourth Industrial Revolution, according to one view, is a very simplistic narrative that advances a distinct political agenda. It is a kind of exploitation that is being sold as progress. The narrative is being advanced to achieve a specific economic outcome - at the expense of many people in the global south.

Many innovations are happening in the digital technological space. But do they reorganise production and social relations, or do they just entrench past forms of inequality?

Consider the case of the ride-hailing app Uber. It may sound like enticing work for drivers, but there's more to it. Drivers may face bad working conditions, penalties and other challenges without the security of human resources behind them.

In this episode of Pasha, Ruth Castel-Branco, manager of the Future of Work(ers) research project at the University of the Witwatersrand, joins Nanjala Nyabola, a storyteller and political analyst, in taking us through the seductive idea of the Fourth Industrial Revolution.

Photo"A smartphone attached to the dash on a vent holder in a moving Uber car. The Uber App shows the route in Cape Town map." by maurodopereira, found on Shutterstock.

Music"Happy African Village" by John Bartmann, found on FreeMusicArchive.org licensed under CC0 1.

"African Moon" by John Bartmann, found on FreeMusicArchive.org licensed under CC0 1.

Ozayr Patel, Digital Editor

Copyright The Conversation Africa. Distributed by AllAfrica Global Media (allAfrica.com)., source News Service English

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Analyst Recommendations on UBER TECHNOLOGIES, INC.
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Financials (USD)
Sales 2022 31 331 M - -
Net income 2022 -8 846 M - -
Net Debt 2022 4 586 M - -
P/E ratio 2022 -6,13x
Yield 2022 -
Capitalization 54 586 M 54 586 M -
EV / Sales 2022 1,89x
EV / Sales 2023 1,50x
Nbr of Employees 32 500
Free-Float 99,7%
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Technical analysis trends UBER TECHNOLOGIES, INC.
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 46
Last Close Price 27,57 $
Average target price 47,23 $
Spread / Average Target 71,3%
EPS Revisions
Managers and Directors
Dara Khosrowshahi Chief Executive Officer & Director
Nelson J. Chai Chief Financial Officer
Ronald D. Sugar Chairman
Sukumar Rathnam Chief Technology Officer
Sundeep Jain Chief Product Officer & Senior VP-Engineering
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