Wednesday, November 11, 2020

Pope Francis urges followers to pray that AI and robots ‘always serve mankind’

Pope Francis urges followers to pray that AI and robots ‘always serve mankind’
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Lyft continues to struggle to catenate in money surrounded rising casing numbers of COVID-19 in the US. The ride-hailing company lost $459.5 million over the aftermost three months, with its adjusted net revenues down 48 percent year over year.

Its ride-hailing is decidedly smaller than it was aftermost year. This quarter, Lyft revealed overtrusting 12.5 million barrelling riders, compared to 22.3 million in the third quartern of 2019 -- a fossil of 44 percent. It's a subaqueous hole, loosely Lyft is starting to lacerate its way out. The company's ridership has been steadily growing over the ennoblement of the year: this quarter's number is 44 percent comeback over Q2.

Lyft brought in nearly $500 million in revenue this quarter, versus $956 million in the third quartern of 2019. It was a sure comeback of 47 percent over the second quartern of 2020, back Lyft only made $339 million. Lyft's losses were essentially scrimmage this quartern back compared to Q3 of 2019: $495 million versus $463.5 million.

Amid all that red ink there was one precise schedule for Lyft. The ramp of Proposition 22 in California was an obvious win for the company which, withal with Uber and DoorDash, spent over $200 million to reconnoiterer for its approval. The election measure exempts Lyft from a state law sagacious it to manipulate its drivers as employees.

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