Maybe you would file this under your conception of governments not being competent in this area, but I wonder if part of this could be governments thinking that this is exciting new tech, and new tech that takes off often makes lots of money, so a government might assume that if the company that strikes it big in this area is based in its country that could be economically great. A big new business, based in their country, paying lots of tech salaries, income taxes rising, spending in the economy up, maybe even able to get some corporation taxes if they’ve not structured their business to put that offshore. Might sound positively attractive to a government that isn’t looking for the downside.
Maybe you would file this under your conception of governments not being competent in this area, but I wonder if part of this could be governments thinking that this is exciting new tech, and new tech that takes off often makes lots of money, so a government might assume that if the company that strikes it big in this area is based in its country that could be economically great. A big new business, based in their country, paying lots of tech salaries, income taxes rising, spending in the economy up, maybe even able to get some corporation taxes if they’ve not structured their business to put that offshore. Might sound positively attractive to a government that isn’t looking for the downside.