Waymo Recalls 80% of Robotaxis for Updates as L.A.'s Service Industry Goes Cyborg
Seventy-five years ago, a new kind of drive-in restaurant opened on Beverly Boulevard in Hollywood. The Track promised to do away with carhops (and tipping) by sending food down a conveyor belt directly to waiting automobiles parked around the building. The place lasted for about five minutes until the drive-thru window was born, but employers have long dreamed of eliminating pesky humans from the workplace. Restaurants, warehouses and now taxicabs are increasingly becoming automated as robots learn our jobs. For now, robo-lattes in Glendale and bionic pizzerias in East Hollywood are a fun novelty but when the A.I. is piloting two-and-a-half tons of British luxury car down the road, things can go wrong.
Waymo, owned by Google's parent company Alphabet, recently issued a recall for more than 80% of its fleet of 1,500 cars operating in Los Angeles, Austin, Phoenix, and San Francisco. Those Jaguar I-Pace robotaxis are under scrutiny after several high-profile incidents found the high-tech vehicles on the wrong side of the road, slowly crashing into telephone poles or trapping customers inside while doing donuts. This is at least the third recall and software update since last year when the company reported nine collisions, according to TechCrunch. 'Driverless cars,' Waymo said in a statement. 'Reduced injury causing collisions by 81% compared to expected human performance.' A Waymo in West Hollywood recently gave a little love tap to an Uber Eats Serve bot attempting to cross La Cienega Boulevard with someone's dinner. Next year, Volkswagen plans to roll out it's retro van ID Buzz AD on L.A. streets in partnership with Uber, right as Zoox, Amazon's capsule-shaped pushmi-pullyu hits the road.
The concerns are not stopping the mechanical men from their goal of eliminating the puny mortal workforce. 'The robots don't take time off,' Shahan Ohanessian, CEO of cyborg-run convenience store VenHub told NBC. 'They're working seven days a week and they don't really celebrate holidays.' He also noted that the machines recently installed in Glendale and North Hollywood are bulletproof should anyone choose to go to war with our new robot overlords.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
26 minutes ago
- Yahoo
Amazon's Driverless Cab Company Zoox Revs Up ‘Toaster Taxis'
Amazon hopes ride-hailers love direct eye contact because its carriage-style robotaxis feature four seats facing each other. After cutting the ribbon on a new factory in California, Amazon is ramping up production of its bidirectional, self-driving cabs ahead of a planned launch in Las Vegas later this year. The Bay Area facility currently churns out one robotaxi a day, but Zoox hopes to boost that rate to three an hour by next year. After buying Zoox five years ago for $1.3 billion, Amazon is prepping a big push onto the roads of major cities (first, Las Vegas and later, San Francisco, Austin and Miami). But rivals are already there. READ ALSO: Cybersecurity Giant Palo Alto Networks Caught Between Opportunity and Maturity and 'Uncertain' 2025, M&A Deadlock Freeze $1 Trillion in PE Assets Alphabet's Waymo said it provides 250,000 rides a week in its self-driving cabs, up from 10,000 two years ago. Riders can hail a driverless Jaguar from Waymo's app in Austin, Los Angeles, Phoenix and San Francisco. Waymo also recently applied for a permit to operate in New York City, where state law will require a driver, though the company is pushing to change that provision. So far, Waymo is the only fully operational self-driving taxi service in the US, but Tesla is trying to join it ASAP: CEO Elon Musk promised in 2021 that Tesla would have a million robotaxis on the road by now, which … didn't happen. Tesla did, however, put a small group of robotaxis on the road in Austin, Texas, last weekend, which Musk described in a virtual victory lap as 'the culmination of a decade of hard work.' Regulators are investigating Tesla's self-driving tech in connection with fatal accidents as critics raise red flags about its robotaxi's lack of lidar and radar, which Waymo and Zoox use. Waymo and Zoox have been investigated after incidents including erratic driving. Yellow Light. Zoox is trying to join a race that Waymo's already a few laps into, but Waymo may have made the road a little smoother. Waymo eased riders into the concept of driverless taxis with its fleet of Jaguars, which look like regular cars with some extra gadgets whirring around. Zoox's autonomous taxis don't even have a steering wheel, so Zoox has planned a marketing push to persuade riders to hop into its toaster taxis. What'll probably be more important for swaying would-be riders is how safe upcoming robotaxi rollouts are. This post first appeared on The Daily Upside. To receive delivering razor sharp analysis and perspective on all things finance, economics, and markets, subscribe to our free The Daily Upside newsletter.


Newsweek
34 minutes ago
- Newsweek
How Iran Could Close the Strait of Hormuz
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Iranian lawmakers have said blocking the strategic Strait of Hormuz could be one retaliatory response to U.S. and Israeli attacks, and have given symbolic approval to the decision. U.S. Secretary of State Marco Rubio urged China on Sunday to press Iran against closing the Strait following U.S. strikes on Iranian nuclear sites. Why It Matters If the Iranian government blocks passage through the Strait, Asian markets are expected to be most hit, but American markets will be too, with energy prices likely to rise. Oil prices jumped on Monday to their highest since January following the U.S. strikes. Located between the Persian Gulf and the Gulf of Oman, connecting to the wider Indian Ocean, the chokepoint on one of the world's busiest maritime routes is vital to global energy security and it handles roughly 20 percent of global oil trade. In this photo released by the Iran's Revolutionary Guard on Tuesday, Jan. 17, 2023, a missile is launched from a boat during a naval drill in the Persian Gulf, Iran. In this photo released by the Iran's Revolutionary Guard on Tuesday, Jan. 17, 2023, a missile is launched from a boat during a naval drill in the Persian Gulf, Iran. Iranian Revolutionary Guard/AP What To Know Since 2019, Iran has repeatedly used the Strait of Hormuz to apply pressure. In June 2019, it was accused of attacking two oil tankers with limpet mines. It also seized the British-flagged Stena Impero in retaliation for Britain detaining an Iranian tanker near Gibraltar. In 2023, units of Iran's Islamic Revolutionary Guard Corps briefly seized oil tankers in Gulf waters, prompting U.S. naval deployments. That demonstrated Iran's ability to target shipping. The strait is little over 20 miles wide at its narrowest point and while it could not be closed in the traditional sense, Iran could make it too dangerous for ships to pass — so that shipping companies and their insurers would stop According to one lawmaker, Seyyed Ali Yazdi Khah, speaking before the U.S. strikes, Iran would be compelled to shut down the Strait to "protect its national interest," in the face of "global arrogance" from the U.S. and the West, Mehr News Agency reported earlier this week. The U.S. Energy Information Administration (EIA) said an average of 20 million barrels per day—around one fifth of global petroleum liquids consumption—moved through the waterway in 2024 and that volume has remained stable through the first quarter of 2025. Iran's Options H.I. Sutton, an independent and open-source intelligence analyst, outlined several scenarios for disruption on his YouTube channel. One feasible option is mining the strait. Bottom sea mines are placed on the seabed and designed to detonate when a ship passes nearby. Iran could also employ anti-ship ballistic missiles—a method used by its allied Yemeni Houthis since 2023 to disrupt Red Sea traffic. The IRGC has drone carriers, fast attack boats, and Ghadir-class submarines—small, short-range vessels capable of launching torpedoes and laying mines. Sutton noted that despite limited lethal power, Iran's numerous platforms and long-range strike ability pose a serious deterrent. Iran has been conducting large-scale naval drills in the region, including with Chinese and Russian naval vessels, signaling broader strategic coordination and an additional challenge for the U.S. and Western allies. But Iran would need to operate carefully in the Strait to avoid disrupting Chinese oil shipments, a lifeline for its economy and a cornerstone of its strategic partnership with Beijing. What People Are Saying U.S. Secretary of State Marco Rubio to Fox Business Sunday Morning Futures: "Well, I would encourage the Chinese Government in Beijing to call them about that, because they heavily depend on the Straits of Hormuz for their oil. If they do that, it'll be another terrible mistake. It's economic suicide for them if they do it. And we retain options to deal with that. But other countries should be looking at that as well. It would hurt other countries' economies a lot worse than ours. It would be, I think, a massive escalation that would merit a response not just by us but from others." Marko Papic, chief strategist at BCA Research, told Newsweek: "Oil prices would likely double, to well above $100. The extent to which that price shock would be sustainable is unclear." U.S. Energy Information Administration (EIA) in a report last week: "Saudi Arabia and the UAE have some infrastructure in place that can bypass the Strait of Hormuz, which may somewhat mitigate any transit disruptions through the strait." What Happens Next Iran has signaled that there will be a response to U.S. strikes, but has not said exactly what yet and whether that would include targeting shipping in the Strait or Hormuz.


CNBC
38 minutes ago
- CNBC
Dollar surge could be short-lived after U.S. strike on Iran
The U.S. dollar surged in early trading on Monday, benefiting from its traditional safe-haven status after U.S. military strikes on Iran — but analysts are warning the gains may be short-lived. The dollar index was up 0.45% at one point, indicating a gain against currencies such as the Japanese yen, the euro and the British pound, as well as the Canadian, Australian and New Zealand dollars. The greenback was last seen trading around 0.4% higher at 9.30 a.m. London time. "The escalation of the Middle East crisis after the US attacks Iran during the weekend is expected to lead to some of the traditional safe haven effects in the market [such] as the oil price is rising, lower equity prices and a stronger dollar," said Kirstine Kundby-Nielsen, fixed income and currency research at Danske Bank. Despite the initial rally, a growing consensus among investment banks suggests the dollar's strength may prove temporary. Some analysts say the Middle East conflict is merely masking concerns over U.S. fiscal policy, trade wars, and weakening international demand for U.S. assets, which are likely to regain focus once the immediate crisis-driven demand fades. The dollar index is down more than 8% this year, reflecting the long-term concern. The U.S. dollar's immediate strength is tied to fears of how Iran might retaliate, with a closure of the Strait of Hormuz — a waterway vital to the transit of oil — at the top of those concerns. Yet, RBC Capital Markets analysts caution that the situation is more complex, noting that Iran has asymmetric capabilities to "strike individual tankers and key ports." "Hence, we do not believe it is a 'full closure or nothing' scenario when it comes to the waterway, and Iran may deploy their asymmetric capabilities to raise the economic cost of the combined US/Israeli operations," said RBC's Halima Croft, a former CIA analyst, in a note to clients. Jordan Rochester, head of FICC strategy for the EMEA region at Mizuho, also expressed some optimism when it came to the possibility of a Strait of Hormuz closure. "It's a bold call but I doubt the strait of Hormuz is blocked and we avoid the $100-130pb oil levels touted by the sell side with Iranian allies such as China likely to be applying pressure to keep oil flows ongoing," he said in a Monday morning note. "The US is also likely to have made energy infrastructure a red line attached to its support of Israel." However, a key indicator of safe-haven demand — the U.S. Treasury market — appears to be telling an entirely different story through its unusually muted reaction. A global crisis typically sends investors flocking to U.S. government debt, but Danske Bank's Kundby-Nielsen said the "impact on US Treasuries is a bit more uncertain given the significant trade deficit and tariffs combined with a potential increase in the supply of Treasuries given the soft fiscal policy". A global trade war is compounding these fiscal concerns. With a July 9 deadline approaching until a reprieve on levies expires, the U.S. is threatening tariffs of up to 50% on most imports from the European Union. "As far as the USD goes, we'd suspect that the USD would be sinking lower if it weren't for the War, largely because the news pertaining to US import tariffs is not particularly good, and because data from outside the US, while weak, does not point to further deterioration relative to the US," said Thierry Wizman and Gareth Berry, Macquarie's currency and rates strategists, in a June 20 note to clients that preceded the U.S. strike on Iran. FX strategists from Bank of America also point out that investors are betting heavily on the decline of the U.S. dollar, which adds momentum to any downward move for the currency. According to the BofA global fund manager survey released on June 16, fund managers currently see short-U.S. dollar as the third most crowded trade — although the survey was carried out before to the United States' involvement in the Middle East conflict.