Our AI, Your Problem by Bertrand Badré, Bruno Bouygues and Ludovic Subran

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The debate over whether European firms should use a Chinese state-directed model or one built by a private US firm threatens to distract from Europe’s most pressing problem, which is that it has no seat at either table. To preserve its own sovereignty, the continent must create a third option for itself.
PARIS—In 1971, US Treasury Secretary John Connally famously told European finance ministers that the dollar was “our currency, but your problem.” The Nixon administration had just suspended the greenback’s convertibility into gold, and the rest of the world had no choice but to absorb the shock. That is what happens when the global economy runs on a currency that most countries do not control and cannot influence.