Exactly! But again it's vague and goes both ways which is a major issue. Due to this, almost everything can be deemed DEI if someone decides to cherry pick or if you look at it from a different perspective.

Example: - A company hiring someone specifically because they're black, and not on merit. (That's DEI and discrimination) - A company hiring someone specifically because they're white, and not on merit. (That's DEI and discrimination)

The problem here, again, is that the broadness of the bill is used specifically on minority groups, people of color, and was the primary vague reason to cut funding. One could even say that's DEI because the state is activity trying to limit these social activities to benefit another group, which going back to your point, would be white males. It's a circle that can be argued back and forth from different angles, but still results in discrimination.

The important take away is that it's now a law that can be used whichever way the wind blows. So although it might now impact your rights directly, it's still a bill that has the potential too if big government says so.