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Uber isn’t worried about Brexit: CEO Kalanick

Ride-hailing app that has quickly gained a global presence isn’t concerned about the U.K’s decision to disrupt Europe’s economic boundaries. “I guarantee you that by 2025, we’re not going to waving at cars anymore,” Kalanick laughed, referring to the taxi-hailing process. But in order to get to that scenario, existing regulation needs a complete make-over, […]

Ride-hailing app that has quickly gained a global presence isn’t concerned about the U.K’s decision to disrupt Europe’s economic boundaries.

“I guarantee you that by 2025, we’re not going to waving at cars anymore,” Kalanick laughed, referring to the taxi-hailing process.

But in order to get to that scenario, existing regulation needs a complete make-over, he noted.

“As tech gets more wound into cities, innovators are now dealing with the physical world, which is highly regulated. Many of these tools are defined to protect existing players and those protections hinder new innovations…how do we write new rules that better serve people and progress?”

Source: Uber isn’t worried about Brexit: CEO Kalanick

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