The European Commission’s approach to AI policy is increasingly influenced by speculative claims from tech CEOs, raising concerns among scientists and scholars. A recent letter signed by over 200 experts urges President Ursula von der Leyen to retract unscientific assertions about Artificial General Intelligence (AGI) and superintelligence, which have found their way into EU policy frameworks. This trend of policymaking driven by speculation rather than rigorous science poses significant risks. The EU’s commitment to an “AI first” strategy, which prioritizes AI solutions without critical evaluation, could lead to costly consequences for taxpayers and the environment.