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Unfortunately, hundreds of billions have already been invested.
Not public money.
I don't give a shit if big tech monopolies lose their shirt on AI. But Trump wants to spend insane amounts of taxpayer's money on this shit. So if it should proves less expensive than it needs to be, now is the right time.
Billions have already been spent on building chip fabs which will never be profitable.
Yes, China is doing the US taxpayer a solid by giving them an opportunity to prevent losing money on AI, but I think this administration is going to find a way to send those billions to silicon valley anyway.
The chip fabs are not an issue, we will always need more chips