This documentary looks at the microchip, an American invention exploited by the Japanese that caused a second industrial revolution. The devastating effect on millions of human lives is related through interviews with some of the newly jobless in Hamilton, Ontario. Using the example of Japan for contrast, host James Laxer demonstrates that the cost of technological advances need not be so high if their effects are foreseen and planned for. Part 2 of the series Reckoning: The Political Economy of Canada.