Lindy's Law is not actually a law and many exact minds will be provoked by the very name; it also fails spectacularly in certain contexts (e.g. lifetime of a single organism, though not necessarily existence of entire species).
But at the same time, I am willing to take its invocation in the context of AI somewhat seriously. There is an international arms race with China, which has less compute, but more engineers and scientists. This sort of intellectual arms race does not exhaust itself easily.
A similar space race in the 1950s and 1960s progressed from first unmanned spaceflight to a moonwalk in mere 12 years, which is probably less than what it takes to approve a bicycle lane in Chicago now.