This Action And Its Implementation Are Absurdly Stupid
From what we know so far that does appear to be the case.
On the other hand, the Overton window has clearly shifted towards AI safety being a thing that is acknowledged on both sides of the aisle, which is overall an excellent thing, even if the way it got moved was poorly chosen. Having carefully avoided putting sensible, well-thought-out controls on AI, this blunt instrument may have been the only tool the Administration had to hand when they panicked. Most governments would notice that and conclude they needed to remedy it.
From what we know so far that does appear to be the case.
On the other hand, the Overton window has clearly shifted towards AI safety being a thing that is acknowledged on both sides of the aisle, which is overall an excellent thing, even if the way it got moved was poorly chosen. Having carefully avoided putting sensible, well-thought-out controls on AI, this blunt instrument may have been the only tool the Administration had to hand when they panicked. Most governments would notice that and conclude they needed to remedy it.