If governments are going to be pouring money into something, I’d prefer it to be in the tech industry.
Imagine a cold-war / Oppenheimer situation where all the governments are scared that America / Russia / UAE will reach AI supremacy before {{we}} do? Instead of dumping all the moneyz into Lockheed Martin or Raytheon for better pew pew machines - we dump it into better semiconductor machinery, hardware advancements, and other stuff we need for this AI craze.
In the end we might not have a useful AI, but at least we’ve made progression in other things that are useful