The chips act could potentially usher in good paying jobs and a strong manufacturing economy in the US but if it’s done poorly it will lead to pollution and indentured servitude. I worked at global foundries back in the beginning and it was run very poorly back then with most of the workforce afraid to quit because they would have to pay back five figure moving allowances they had already spent. The hours in that industry are rough as they expect 12 hour shifts and lots of night shift work.

Also, this is an opportunity to boost STEM education and transform education but again if we fail here it’s not good. These factories are 100% meant to become fully automated so we will need a completely different kind of workforce in the future. Mechanics, technicians, programmers, and engineers will be required and although there will be a huge influx of labor to build everything out it will eventually lead to massive labor downsizing once everything is running properly. We clearly don’t seem to be politically ready for that day.