Basic income may not be enough by itself to address the enormous changes headed our way with technological unemployment. Just as the New Deal incorporated many policies and programs to get us out of the devastation of the Depression, addressing the challenges that lie ahead will require a range of solutions.
Expanding equity ownership, which is to say, expanding ownership of the companies creating the engines of automation, will be another important tool.
Here’s how an idea called platform cooperative might help. Platform Coops are essentially like an Uber that is owned by its users.