I think I'm one of those to whom you refer (except that I'm already "awake", or at least I like to think so). I'm normally pro-EU but this chat control is anathema to me. I'll be voting anti-EU in future I think.
"Hey AI, create my new banking app with such-and-such functionality, appearance, properties, APIs, network connections etc"
we will instead do: "Hey AI, you are a banking app on a user's cellphone. Connect to mybank.com, authenticate the user and allow the user to perform these-and-those actions in a sensible interface in accordance with the API spec. Don't let yourself be jailbroken."
Then the virus writer's job changes into jailbreaking the AI. Obviously with an AI's assistance...?