{
  "id": 18159724,
  "title": "Uber CEO Dara Khosrowshahi: Midterms sent a ‘very clear message’",
  "url": "https://urgent.news/2026/11/04/uber-ceo-dara-khosrowshahi-midterms-sent-a-very-clear-message",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-04T17:30:00.000Z",
  "source": {
    "name": "Fast Company",
    "slug": "fast-company",
    "url": "https://www.fastcompany.com/91635545/uber-ceo-dara-khosrowshahi-midterms-sent-a-very-clear-message"
  },
  "original_language": "en",
  "account": "Uber CEO Dara Khosrowshahi commented on the recent midterms, stating that Democrats' victory sent a \"very clear message\" about the impact of inflation on American consumers. In an interview on CNBC's Squawk Box, Khosrowshahi pointed to the disparity between wage growth and rising prices since the 2008 financial crisis, arguing that capital investment and return on capital have significantly increased over the past 20 years, while return on labor has not kept pace.\n\nKhosrowshahi highlighted the growing influence of artificial intelligence (AI) as another factor contributing to workers' concerns, as AI technology could potentially replace human labor in certain instances. He emphasized that while AI is a powerful tool with potential, it has also generated anxiety among workers.\n\nRegarding policy solutions, Khosrowshahi criticized the current tax code, asserting that capital gains should be taxed at the same rate as regular income. He suggested that politicians and business leaders should work together to address this imbalance, but ultimately, the decision lies with those in power. Khosrowshahi, who has been leading Uber since 2017 after taking over from its cofounder, Travis Kalanick, acknowledged that Uber employs millions of independent contractors as drivers and couriers.\n\nOn the same day, Uber reported strong financial results, with $14.8 billion in third-quarter revenue, marking a 10% increase from the previous year, and $1.4 billion in operating income, representing a 30% rise. The company also revealed its goal of having approximately 700 fully driverless vehicles operating on its platform by the end of the year.",
  "summary": "Uber CEO Dara Khosrowshahi said this morning that Democrats’ sweeping midterm victory sent a “very clear message” about the damage inflation has done to American consumers. During an appearance on CNBC’s Squawk Box , Khosrowshahi said the problem stems from how the economy has evolved since the 2008 financial crisis, as wages have not kept pace with skyrocketing prices. “When you look at…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}