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London Cabbies Brace for Robotaxi Disruption

Financial Times Companies •
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London's black cab drivers, who've lost almost a third of their income to Uber, now face robotaxis from Waymo (Alphabet) and Wayve (Uber-backed UK startup). The UK government supports innovation, with business secretary Jonathan Reynolds stating innovation creates opportunities. Drivers view autonomous vehicles with scorn and trepidation, some admitting tactics to sabotage sensors or strand AVs in box junctions.

Wayve CEO Alex Kendall says their "humanlike" driving will coexist seamlessly. But drivers like Mohamed Mohamed doubt AVs can navigate London's narrow streets, reckless pedestrians, and unwritten right-of-way rules. Suzanne Sullivan of the LTDA argues tourists want human interaction. GMB's Kola Olalekan predicts "massive" job losses among the 124,000 licensed drivers in London.

Oxford's Carl Benedikt Frey notes Uber caused a 10% earnings drop for US taxi drivers; robotaxis may cause similar pressure then outright displacement. UCL's Jack Stilgoe expects slower disruption, noting hidden labor in AV maintenance. Uber says human drivers and AVs will grow side by side; a hybrid network ensures smoother transition.

Drivers already feel the pinch; Uber drivers receive less than half some fares. Ali Haydor keeps his aging vehicle rather than commit to a new loan. GMB pushes Uber to use existing drivers for AV support roles. Some drivers are studying the Knowledge, viewing black cabs as more secure.