It was tried in early 1980s and nearly drove any non oil-related industry in the country extinct.
Norway has a manpower bottleneck. The UK had spent its oil windfall domestically and it barely registered. But for a nation of then some 4 million the economy melts down with so much monetary mass.
It would create jobs, sovereignty, intellectual property and soft power?
Instead it goes to strengthening the tech monopoly of a country that threatens to invade your neighbour.