Gary Black Thinks Uber Is 'Best Positioned' To Adopt Autonomous Driving As 'Cost Of The Driver Is Eliminated'

-1.01%

-0.39%

+3.65%

Alphabet Inc. Class C GOOG	310.52	-1.01%
Alphabet Inc. Class A GOOGL	309.29	-1.01%
Uber Technologies,Inc. UBER	85.11	-0.39%
SOFTBANK GROUP CORP SFTBF	112.00	+3.65%

Future Fund LLC's managing director, Gary Black, thinks Uber Technologies Inc. (NYSE:UBER) is best positioned to benefit from the adoption of autonomous driving technologies.

Check out the current price of UBER stock here.

What Happened: The investor took to X on Tuesday to share his thoughts on Uber.

"Uber is best positioned to benefit from the adoption of unsupervised autonomy," the investor said in his post. He also added that autonomous driving would benefit the company by eliminating "the cost of the driver" from Uber's business model.

The investor also said that the move would "greatly expand" Uber's Total Addressable Market or TAM.

$UBER is best positioned to benefit from the adoption of unsupervised autonomy as the cost of the driver is eliminated from UBER's cost structure, which will greatly expand its TAM.
— Gary Black (@garyblack00) July 9, 2025

Why It Matters: Black's views are in stark contrast to views held by experts like Gerber Kawasaki's co-founder Ross Gerber, who recently said that Uber would be "eaten alive" by Robotaxis.

Uber had partnered up with Alphabet Inc.'s (NASDAQ:GOOGL) (NASDAQ:GOOG) robotaxi service Waymo to expand its services in Atlanta.

The company also recently invested in autonomous driving company Wayve, which is backed by Japan's SoftBank Group (OTC:SFTBF).

Uber scores well on Momentum and Growth metrics while offering satisfactory Value. For more such insights, sign up for Benzinga Edge Stock Rankings today!

Check out more of Benzinga’s Future Of Mobility coverage by following this link.

Read Next:

Uber Collected Tons Of User Data For Years, Will License It To 30 Countries For AI

Photo courtesy: DenPhotos / Shutterstock.com

More This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.