I’m not pro this for reasons others have pointed out, but there is a ray of sunshine alongside the clouds of “just give loads of taxpayer money to a foreign company and hope it improves matters”.
If humanity is on a path to true artificial evidence, one of the worst case scenarios is that we end up with a few AI-haves (read: billionaires) and then the rest of humanity end up as the have-nots fighting over the scraps left over. What we have here is a government aspiring to ensure we all have equal access to the AI future. This is a hugely important thing that should not be downplayed even if the current approach is ham-handed at best. This is a baby that should not be thrown out with the bath water.