

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.
You’re making two competing arguments. One is that AI is going nowhere and the government shouldn’t invest. And another that we are going to the AGI future and we should build it here. If you think 2 billion to OpenAI is expensive then you’ll be shocked by how much it would cost to get enough AI talent to move to the UK and build us something that competes with the top US and Chinese models.
The government is going to have to make a gamble one way or another and it either costs us a lot of money or risks a huge opportunity. There aren’t any winning options that make everyone happy.