This is information technology we are talking about, it's virtually the exact opposite of nuclear weapons. Refining uranium vs. manufacturing multi purpose silicon and guzzling electricity. Achieving deterrence vs. gaining immeasurable wealth, power and freedom from labor.
This race may even be the answer to the Fermi paradox - that there are few individual winners and that they pull up the ladders behind them.
This is not the kind of race any legislation will have meaningful effect on.
The race is on and you better commit to a faction that may deliver.