I agree. Still it is a set with way fewer elements than action against climate change. Also, the nature of operations in the latter case is way more diversified than in the development of the former.
It is only my opinion though, you may find Generative AI a hydra compared to the other.
By the way, the money would be well spent indeed but not even close to enough for a sustainable change.
What would be the first 3 tasks to be done under that line item?