Anyone know of good comparison of the pros and cons of UBI as a solution to job automation, as opposed to sovereign wealth funds?

I keep hearing very smart people only talk about UBI.

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Maybe combining both is ideal.

In general I feel like making all humans shareholders in a global index fund is a better model for maintaining human agency, but I guess there is no obvious answer.

Sovereign wealth funds invest in business and public projects which (given the assumption of automation) wouldn’t resolve the core issue of “people are out of work and still need money” since ostensibly the new projects will also require lower labor costs as a result of said automation

Realizing the model I have in mind isn't exactly a sovereign wealth fund. 

TLDR: a new tax on the biggest companies that gets redistributed to all citizens on an annual basis.

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Realizing the model I have in mind isn't exactly a sovereign wealth fund. 

TLDR: a new tax on the biggest companies that gets redistributed to all citizens on an annual basis.

https://moores.samaltman.com/

I've heard people mention the idea of giving babies some kind of fund, is that a sovereign wealth fund? Or would every person get one? In that case it seems like just a type of UBI that is a one time payment rather than an income. That would assume people are generally able to use that fund to earn dividends or passive income to live on or start a business. A lot of people don't know how to do that though which makes the income stream model easier and also much less risky I think. What's the upside of the wealth fund in comparison for you?