Big Tech uses AI dystopia narratives to deflect EU scrutiny on current harms

An EUobserver opinion piece argues that AI firms are amplifying speculative risks (rogue AI, China competition) to distract European regulators from concrete issues like fraud, algorithmic failures, and job displacement. The piece contends the real policy fight is over who bears the costs of today's AI harms and who captures productivity gains. This is an analytical commentary, not a factual event, so its claims are unverified and represent the author's perspective.