I think you would find a large political block that would be more than supportive of economic stimulus taking the form of a public jobs and training program to improve infrastructure, landscaping, and other public works.

I personally would implement it as a "civilian military" to make it a cool high-status line of work that people might choose for a few years out of civic duty. Uniforms, ranks, bases, parades, you get your food/housing provided, you get 'deployed' on projects. Get your college paid for if you stay on long enough.

LLMs are infrastructure.

That 40% investment used to be sitting in giant cash slushfunds on company balance sheets. This isn't government investment. It would have never been spent on 'infrastructure'.

On the upside, even if AI is a bubble and implodes spectacularly we're going to have metric tons of compute available for climate models, drug discovery and anything else that requires a super computer to model.