You can protect human rights without stifling progress. It's not a "pick one of the above" situation.
The EU can and should reform many parts of its sclerotic laws and bureaucracies. Whether it can do so before it becomes a subservient puppet state which serves as a battleground for competing powers remains to be seen.
The usian 'frontier' "AI" corporations are involved in severe human rights abuses and war crimes.
I'm not so sure the ideal should be to substitute for those.