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Dr. McCoy envisions that the SWF could capture wealth generated from automation, primarily through investment in AI and robotics companies. The fund would generate revenue not just from these investments but also through taxes on automated processes. Successful management of such a fund could lead to significant profits, much like Norway's SWF, which made over $222 billion last year alone.
This vision opens up novel pathways for citizens to engage with and benefit from national wealth, in stark contrast to current labor-centric economic structures.