"These funds—pursued by meatpackers, longshoremen, steelworkers, and others—typically involved a partnership between labor and management to address the risks that automation posed" [meatpackers, longshoremen, steelworkers]
The article positions 1960s automation funds not as historical curiosities but as a structural model that could be revived and scaled for AI displacement. The key mechanism—workers receiving a share of automation-generated profits and co-designing transition programs—addresses the agency deficit the TAA suffered from. This dynamic generalizes: as AI productivity gains concentrate at the firm level, pressure will grow for institutional mechanisms that redistribute those gains to displaced workers, whether through collective bargaining, profit-sharing mandates, or hybrid public-private funds.