In August 2022, the CHIPS Act made headlines across the country with its monumental subsidy numbers and dizzying policy provisions. But what does CHIPS mean in historical context? And in particular, what does the act mean for California, and what does California’s past tell us about CHIPS’s future? This article introduces the reader to recent technology policy history, and writes into the present moment to place the act’s elements in context and explain how it may shape public investment, climate legislation, wealth inequality, foreign policy, the jobs economy, the environment, military spending, and even a Green New Deal.

You do not currently have access to this content.