Uber CEO says the company is slowing hiring as it invests in AI (www.businessinsider.com)

Uber's CEO Dara Khosrowshahi announced that the company is slowing its hiring as it significantly invests in AI technologies, which now generate about 10% of its code. This move reflects a strategic decision to enhance productivity by integrating AI tools across various departments, leading to what Khosrowshahi calls "employees with superpowers." Despite this shift, human oversight remains vital, with employees reviewing AI-generated code before it becomes part of the final product. The significance of this announcement lies in Uber's acknowledgment of AI's potential to amplify productivity, with the firm projecting substantial gains in efficiency—from 20% to even 100%—per employee. This investment strategy is underscored by the company's recent financial results, showing a robust revenue of $13.2 billion and a forecasted EPS growth. As Uber continues to evolve its AI strategies, including last month's significant budget allocation for Claude Code, it anticipates that these advancements will lead to greater operational efficiency, ultimately justifying the decision to temper headcount growth.