Even though it has a long history of open-source attempts, as pointed out by Tim in his presentation, they are few and far between, and massively underwhelming compared to the thriving open source software community.
However, if this initiative takes off, it'll be a big help in creating an open source EDA toolchain community.
The opensource EDA toolchain community is already producing some good stuff, Symbiflow: https://symbiflow.github.io/ is a good example, it's an open source FPGA flow targeting multiple devices. It uses Yosys (http://www.clifford.at/yosys/) as a synthesis tool which is also used by the OpenROAD flow: https://github.com/The-OpenROAD-Project/OpenROAD-flow which aims to give push-button RTL to GDS (i.e. take you from Verilog, which is one of the main languages used in hardware to the thing you give to the foundry as a design for them to produce).
The Skywater PDK is a great development, which is a key part of a healthy opensource EDA ecosystem though there's plenty of other great developments happening in parallel with it you will note there's some people who are involved in several of these projects they're not all being developed in isolation. The next set of talks on the Skywater PDK include how OpenROAD can be used to target Skywater: https://fossi-foundation.org/dial-up/