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Fetch.ai Launches Mobility Framework: A Decentralized Multi-Agent AI Mobility Solution To Revolutionize The Mobility-as-a-Service Ecosystem - Decentralizing The Gig Economy With The Use Of AI-Based Autonomous Agents Is Predicted To Reduce Participation Transaction Fees By Over 20%, And Increase Input Productivity By 55% Date 17/12/2020 Fetch.ai (https://fetch.ai/), a Cambridge-based artificial intelligence lab building an open-access decentralized machine learning network for smart infrastructure, announced today the launch of its Mobility Framework and the results of initial field t...

SHARE U.K.-based artificial intelligence lab Fetch.ai Ltd. today announced the launch of its Mobility Framework that helps support delivery drivers by eliminating the middleman. Fetch.ai says that although the delivery economy has boomed throughout the COVID-19 pandemic, it’s concerned that the majority of the profits in that business are being sucked up by what it calls “big tech” companies. It notes that ride-hailing companies alone generated an estimated $23.5 billion in profit in commissions from their drivers this year. Fetch.ai said its Mobility Framework, launched today, is mean...