Effectiveness
Validity
In the legal stage, the validity of an "AI"-restrictive license may be settled on courts. Check the existing legislation each country for more information.
From an ethical/moral/political standpoint, though, this license might be useful, regardless of the outcome for the "fair use" question or the license's validity in any jurisdiction.
Applicability
It's a debate whether "Artificial Intelligence" operators respect such type of licensing, especially for closed algorithms and datasets, where audits looking for license violations are unfeasible.
Even though, using a licensing system such as Copy Far "AI" is a way to make an statement, expose the issue and make them accountable.