The "kneejerk reaction" is precisely because it's Meta. You know, the poor innocent trillion-dollar supranational corporation whose latest foray into AI was "opt-in all of our users into training our AI and make the opt-out an awkward broken multi-step process designed to discourage the opt-out".

Whereas EU's "heavy-handed and ill-conceived" regulations are "respect copyright, respect user choice, document your models, and use AI responsibly".