The article suggests that offering employees ownership in their organizations could be the key to addressing worker fears about the threat of automation. Employee ownership aligns workers interests with those of the company, fostering a sense of purpose and shared mission. This shift from being a force to be resisted to a tool that can benefit everyone. Workers become partners, not mere employees, when technology improves productivity, and they gain from the success. This could create a more resilient workforce, particularly in industries at risk of being upended by automation. However, union leaders may be skeptical about this approach, as it could undermine their power over workers and organizations. The article also suggests that employee-owned firms consistently show high levels of worker satisfaction.
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