Technically terrible.

It's also an outdated solution, AI does captcha better than humans.

It looks like the EU enjoy so much ruining the web experience of people for no reason, that they feel the need to own a crucial piece of annoyance like a captcha. Weren't GDPR and cookie banners enough damage to the world?

Also, after the Cyber Resiliance Act (aka the biggest threat to the existence of OSS software in eu - all in the name of BS security) the EU are the last people that should talk about open source.