Part 4/8:
A Sovereign Wealth Fund is a state-owned investment fund that comprises financial assets such as stocks, bonds, and real estate. Many successful examples exist globally, like the notable Alaskan Permanent Fund which distributes dividends funded by oil revenues to residents. Dr. McCoy advocates that by utilizing a Sovereign Wealth Fund approach, a new model for implementing UBI can emerge, sustaining it through the revenue generated from investments and automation benefits.