No amount of money invested in infrastructure is going to solve the "garbage in, garbage out" problem with AI, and it looks like the AI companies have already stolen the vast majority of content that is possible to steal. So this is basically a massive gamble that some innovation is going to make AI do something better than faultily regurgitate its training data. I'm not seeing a corresponding investment which actually attempts to solve the "garbage in, garbage out" problem.
A fraction of this money invested in building homes would end the homelessness problem in the U.S.
I guess the one silver lining here is that when the likely collapse happens, we'll have more clean energy infrastructure to use for more useful things.