I washed a former intelligence agency person get interviewed on a youtube talk show and (tangential to the policy subject being discussed) they they said that's basically how it was after 9/11. We couldn't onboard people fast enough to figure out how to spend the money so while we were doing that we flew first class half way around the world to waterboard people with bottled water. The people authorizing it didn't care. They were spending X to fight terrorism. The public was never gonna see the nitty gritty breakdown.

That's basically how it seems to be with AI. Just replace "spent X fighting terrorism" with "spent X implementing AI workflows" or "invested X in AI" or whatever. Nobody actually knows or cares just how far the dollars are going.

I think this version is getting very close to The Emperor's New Clothes Subscription in terms of how transparently the leadership are displaying their delusions.